
Global News You Need to Know Before Friday's US Market Open
China's CPI year-on-year growth moderated to 1% in March, while PPI rose 0.5% year-on-year, the first increase after 41 consecutive months of decline. US delegation departs; Vance: Confident negotiations will yield positive results! Iran's Deputy Foreign Minister: Iran's ten-point plan will serve as the basis for negotiations. US March CPI rose 3.3% year-on-year; the 0.9% month-on-month increase was the largest in nearly four years, with gasoline prices marking the biggest rise since 1967. Middle Eastern oil producers request Asia to submit crude oil loading plans for April and May, preparing for the reopening of the Strait of Hormuz. Report: Ukraine's chief negotiator says ceasefire is near; oil prices plunge, European stocks surge. Taiwan Semiconductor's Q1 revenue surpassed the one trillion mark, with March revenue surging 45% year-on-year; Middle East conflict fails to shake AI chip demand. Anthropic places order! Coreweave secures all four major AI giant clients, with its stock price surging 6% in pre-market trading. Optical module giant Lumentum: Can sell out all production capacity for the next three years in just two quarters. Crushing Seedance 2.0, Alibaba announces: "Happy Horse" video model is currently in internal testing. HSBC and Standard Chartered obtain first batch of stablecoin licenses in Hong Kong; HSBC plans to launch HKD stablecoin in the second half of 2026. Nikkei 225 index closed up 1.8%, Shanghai Composite Index closed up 0.51%; Hang Seng Index closed up 0.55%.

