Most of Europe's major stock indexes rose
Most of Europe's major stock indexes rose, with Germany's DAX 30 up 0.5 per cent, Britain's FTSE 100 down 0.13 per cent, France's CAC 40 up 0.48 per cent and Europe's Stoxx 50 up 0.39 per cent.
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Paying the price for supporting the yen? Japan's foreign reserves fell by $87.8 billions in August, possibly due to selling US Treasuries for funding.
Japanese authorities may have used part of their foreign exchange reserves, including foreign securities such as U.S. Treasury bonds, over the past month to fund record-sized foreign exchange intervention operations.
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