--- title: "Global news you need to know before Monday's U.S. stock market opens" description: "On Monday before the US stock market opened, global news included: Larry Jani stated that he would not negotiate with the United States, and the German Foreign Minister said that Germany would not par" type: "news" locale: "en" url: "https://longbridge.com/en/news/277476989.md" published_at: "2026-03-02T13:50:27.000Z" --- # Global news you need to know before Monday's U.S. stock market opens > On Monday before the US stock market opened, global news included: Larry Jani stated that he would not negotiate with the United States, and the German Foreign Minister said that Germany would not participate in military actions against Iran. A US F-15E fighter jet crashed in Kuwait, escalating concerns about inflation due to the war, leading traders to reduce interest rate cut bets. Saudi Arabia's largest oil refinery was attacked by drones, causing oil prices to surge, while Qatar Energy suspended LNG production, resulting in a 50% spike in European gas prices. Tankers were stranded in the Strait of Hormuz, and the European Commission will hold a meeting of the oil coordination group. The European Central Bank and the Swiss National Bank are prepared to adjust interest rates and intervene in the foreign exchange market. Nasdaq futures fell by 2%, while the gold and oil sectors surged Larry Jalili: There will be no negotiations with the United States; it is impossible for the U.S. and Israel to attack Iran and then walk away! U.S. officials admit: There is no intelligence indicating that Iran plans a "preemptive" strike against U.S. troops. German Foreign Minister: Germany will not participate in military actions against Iran. U.S. Central Command: Three U.S. F-15E fighter jets crashed in Kuwait after being "clearly misfired upon by friendly forces." The war intensifies inflation concerns, and traders reduce bets on interest rate cuts by the Federal Reserve, Bank of England, and European Central Bank. Major escalation! Reports: Saudi Arabia's largest oil refinery was shut down due to a drone attack, causing oil prices to surge. Qatar Energy suspended LNG production after being attacked, and European gas prices soared by 50%! Goldman Sachs: Prices could double if the blockade continues. Is there a substantial halt in the Strait of Hormuz? At least 40 super-large oil tankers are stranded in the Persian Gulf. European Commission: There are currently no urgent concerns regarding energy supply security, and a meeting of the oil coordination group will be convened within the next 48 hours. European Central Bank Governing Council member Kocher: The European Central Bank should be prepared to adjust interest rates quickly. Swiss National Bank: Increasingly ready to intervene in the foreign exchange market to curb the rapid excessive appreciation of the Swiss franc. The Deputy Governor of the Bank of Japan did not hint at a rate hike in March, stating that the situation in the Middle East may affect Japan's economy and prices. Not just EUV? Reports: ASML plans to expand chip manufacturing equipment into the advanced packaging field. The Iran crisis impacts, with Nasdaq futures plummeting by 2%, while gold and oil sectors in U.S. pre-market trading surged collectively, with Brent crude rising by 8% and gold breaking through 5400. 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