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Shenzhen Composite Index losses widened to 1%; ChiNext Index fell 1.59%; China's Shanghai Composite Index fell 0.6%.

2026-08-03

Shenzhen Composite Index losses widened to 1%; ChiNext Index fell 1.59%; China's Shanghai Composite Index fell 0.6%.

Other News
2026-08-03

Iraq on Sunday denied reports that US aircraft landed at the Ain al-Asad airbase in western Anbar province, calling the reports false and saying there was no official information to support the claim. Iraqi media had earlier reported that US aircraft

Iraq on Sunday denied reports that US aircraft landed at the Ain al-Asad airbase in western Anbar province, calling the reports false and saying there was no official information to support the claim. Iraqi media had earlier reported that US aircraft had landed at the base.
2026-08-03

JP Morgan says the US Treasury has limited liquidity to support coordinated yen intervention with Japan, though unconventional steps could materially expand capacity. Strategists Junya Tanase et al. note the Treasury's Exchange Stabilization Fund hel

JP Morgan says the US Treasury has limited liquidity to support coordinated yen intervention with Japan, though unconventional steps could materially expand capacity. Strategists Junya Tanase et al. note the Treasury's Exchange Stabilization Fund held about €13bn of euro assets and $25.5bn of other foreign assets assets as of June, small versus Japan's roughly $35–60bn intervention scale in 2022–26. Converting IMF Special Drawing Rights into dollars and swapping foreign-currency assets into dollars could, in theory, boost Treasury firepower to about $187bn; Federal Reserve participation could effectively double that. JP Morgan adds it does not expect unlimited Treasury intervention because ESF resources are finite and additional funding would likely require congressional appropriation.
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