---
title: "Global Headlines You Need to Know Before U.S. Market Open on Monday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294698411.md"
description: "Fed officials state interest rates are well-positioned, expecting inflation to cool in the second half of the year. U.S. and Japanese finance ministers announce joint intervention on the yen. Senior South Korean presidential official involved in criminal case; regulators plan to reduce leverage ETF multiples; Bank of Korea increases gold holdings. Samsung's foundry capacity utilization rate to reach 100%. Alibaba releases Qwen 3.8-MAX large model. Asian markets mixed"
datetime: "2026-08-03T13:06:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294698411.md)
  - [en](https://longbridge.com/en/news/294698411.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294698411.md)
---

# Global Headlines You Need to Know Before U.S. Market Open on Monday

Fed’s No. 3 Official: Current Interest Rates Are in a “Good Position,” Inflation Expected to Cool in the Second Half of This Year.

Iran: No talks with the U.S. at present; current discussions are with Oman, focusing on the Strait of Hormuz.

U.S. and Japanese finance ministers both stated they would not hesitate to conduct further joint intervention on the yen, causing the yen to surge sharply against the U.S. dollar during trading.

South Korean Presidential Office’s Policy Chief faces criminal charges for hastily pushing the listing of single-stock leveraged ETFs.

South Korean regulators plan to curb leverage: Multiples for single-stock leveraged ETFs may be directly cut to 1x.

Bank of Korea buys the dip on gold, increasing holdings for the first time in 13 years.

Samsung’s foundry capacity utilization rate is expected to reach 100% this year, counting down to a turnaround from loss to profit.

Alibaba releases Qwen 3.8-MAX, featuring 2.4 trillion parameters and demonstrating strong performance in long-range automatic programming.

Nikkei 225 closed down 0.9%, Shanghai Composite Index closed down 0.59%, Hang Seng Index closed up 0.48%.

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