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

Federal Reserve Bank of New York President John Williams: Inflation shows signs of slowing down, CPI data has some distortion. Waller performed "outstandingly" in the Federal Reserve Chair interview, Trump may shift focus to the job market. Budget negotiations have collapsed, leading to a sell-off of French bonds, with 30-year yields hitting a sixteen-year high. Passed unanimously 9:0! The Bank of Japan raised interest rates by 25 basis points as expected: will continue to raise rates if economic and price outlooks are realized. Bank of Japan Governor Kazuo Ueda emphasized "cautious action," with traders betting that the next rate hike may have to wait until September next year. The "frozen Russian assets plan" has failed, and Europe has agreed to provide Ukraine with a €90 billion loan. Is UAE capital supporting US stocks? Not only investing in OpenAI but also pulling Oracle back from the brink of debt. PDD's US stock surged before market open, announcing adjustments to its corporate governance structure, implementing a co-chairman system, and appointing Zhao Jiazhen as co-chairman. Xiaomi Auto has obtained an L3 level road testing license. ByteDance is advancing AI smartphone collaborations with multiple manufacturers. Nike's second-quarter revenue reached $12.4 billion, a year-on-year increase of 1%, with inventory improvement and a recovery in the North American market. Nikkei 225 rose 1.03%, Shanghai Composite Index rose 0.36%; Hang Seng Index rose 0.75%