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<h1>Currency intervention signals and tariff measures drove market volatility, hitting exporters and shifting commodity and currency prices.</h1> Rapid currency movements and trade policy threats affected markets: a sharp yen rebound attributed to possible Japan-US coordinated intervention drove declines in Japanese exporters and altered exchange rates, while prior and adjusted tariff measures - including 100% and 25% duties and reciprocal import taxes - shaped trade risk and contributed to broader market volatility in equities, commodities and precious metals.