--- title: "Global news you need to know before the U.S. stock market opens on Thursday" type: "News" locale: "en" url: "https://longbridge.com/en/news/256942621.md" description: "The U.S. August CPI year-on-year increase rose to 2.9%, with a month-on-month increase of 0.4%, slightly exceeding expectations; the number of initial jobless claims for the week was 263,000, jumping to a nearly four-year high. The European Central Bank held steady for the second consecutive time, believing that inflationary pressures are under control. South Korean President Lee Jae-myung stated that \"Korean stocks are still severely undervalued,\" but the \"capital gains tax\" will be left to Congress to decide. The IEA expects a larger market surplus may occur in 2026, while OPEC still anticipates tight oil market supply. Ant Group CEO Han Xin-yi firmly stated that they will not issue virtual currency. The Nikkei 225 index rose by 1.2%, the Shanghai Composite Index increased by 1.12%, and the Hang Seng Index fell by 0.43%" datetime: "2025-09-11T13:14:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/256942621.md) - [en](https://longbridge.com/en/news/256942621.md) - [zh-HK](https://longbridge.com/zh-HK/news/256942621.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/256942621.md) | [繁體中文](https://longbridge.com/zh-HK/news/256942621.md) # Global news you need to know before the U.S. stock market opens on Thursday In August, the U.S. CPI year-on-year increase rose to 2.9%, with a month-on-month increase of 0.4%, slightly exceeding expectations. The number of initial jobless claims in the U.S. for the week was 263,000, jumping to a nearly four-year high. The European Central Bank held steady for the second consecutive time, believing that inflationary pressures have been controlled. South Korean President Lee Jae-myung stated that "Korean stocks are still severely undervalued," but the "capital gains tax" will be left to Congress to decide. According to Kyodo News, Sanna Marin told former Prime Minister Fumio Kishida that she would run for the presidency of the Liberal Democratic Party. IEA: Due to OPEC+ increasing production, a larger market surplus is expected by 2026. OPEC: Despite an increase in supply, the oil market is still expected to remain tight. Ant Group CEO Han Xin-yi: Firmly will not issue virtual currency and will not participate in any form of speculation. The Nikkei 225 index closed up 1.2%; the Shanghai Composite Index closed up 1.12%; the Hang Seng Index closed down 0.43% ### Related Stocks - [Hang Seng Index (00HSI.HK)](https://longbridge.com/en/quote/00HSI.HK.md) - [ProShares UltraShort Yen (YCS.US)](https://longbridge.com/en/quote/YCS.US.md) ## Related News & Research - [Pricier fuel hits Tokyo cherry blossom river cruises ](https://longbridge.com/en/news/281140182.md) - [Guangdong-HKGBA Returns to Profitability in 2025](https://longbridge.com/en/news/281116626.md) - [Japan told G7 it was watching markets with high sense of urgency](https://longbridge.com/en/news/281028996.md) - [RUBBER-Japan futures climb on softer yen, firmer oil](https://longbridge.com/en/news/280553156.md) - [Hong Kong retail sales jump nearly 12% in first 2 months of year](https://longbridge.com/en/news/281346585.md)