Bloomberg
US Retail Gasoline Hits Four-Year High; Yen Gains | Bloomberg Brief 09/03/2026
Thursday, September 3, 2026
US retail gasoline prices reached a four-year high on September 3, 2026, while the Japanese yen strengthened amid trader concerns about potential Bank of Japan intervention. The BOJ is reported to favor a quarter-point interest rate increase this month. US diesel prices also hit a four-year high. Broadcom's stock declined following the company's earnings report and forward guidance, which fell short of analyst expectations, though the company projected growth in AI chip demand over the coming two years. US equity futures showed volatility as global bond yields rose, with higher yields drawing investor interest.
