Global news you need to know before the U.S. stock market opens on Friday

Central Bank Q1 Monetary Policy Report: Effectively utilize the dual functions of the total amount and structure of monetary policy tools, and explore the expansion of the central bank's macro-prudential and financial stability functions.

State Council Meeting: Hear reports on promoting the quality and efficiency of the construction of free trade pilot zones, and study measures to deepen the reform and innovation of national-level economic and technological development zones.

The People's Bank of China has established a re-lending facility for service consumption and elderly care, with a quota of 500 billion yuan, an annual interest rate of 1.5%, and a term of 1 year.

Trump: I have no objection if the Republican Party increases taxes on the wealthy.

Federal Reserve Governor Barr warns that tariffs could lead to rising inflation and unemployment.

European Central Bank Governing Council member Simkus: A rate cut in June is necessary, and there may be another rate cut after June.

European stocks maintain an upward trend, with reports stating that the German Chancellor told Trump that the U.S. cannot conclude trade agreements with EU member states individually.

The British pound fluctuates slightly against the U.S. dollar, with reports indicating that the U.S. will seek to grant the UK preferential treatment regarding any drug tariffs.

According to CCTV, Pakistan claims to have destroyed 77 Indian drones.

Stockpiling before tariffs take effect! TSMC's revenue in April continues to accelerate, with a year-on-year increase of 48.1%.

The Pakistan KSE-100 index rose by 4.5%, marking the largest increase in over five months.

In pre-market trading, the three major U.S. stock index futures rose slightly, the German stock index hit a record high, gold rose nearly 1%, and Ethereum surged nearly 14% during the day.

The Nikkei 225 index closed up 1.6%, the Shanghai Composite Index closed down 0.3%, and the Hang Seng Index closed up 0.4%