Stocks in Asia extended their best week since March, as investors await U.S. inflation data and earnings from some of America’s biggest banks.
Shares in Japan, Australia and South Korea advanced at the end of a week characterized by dovish comments from U.S. policy makers that also weighed on the dollar.
The Dow Jones Industrial Average reached a fresh high.
The yen weakened, though was still in line for its first weekly gain in five.
Currencies and bonds
The yen was down 0.2 percent at 113.45 per dollar .
The Aussie rose 0.2 percent to 77.45 U.S. cents.
Stocks
The MSCI Asia Pacific Index rose 0.3 percent.
Japan’s Topix Index added 0.5 percent.
The Nikkei 225 lagged, rising just 0.2 percent
Australia’s S&P/ASX 200 Index rose 0.5 percent Friday and South Korea’s Kospi added 0.2 percent.
Commodities
WTI crude slid 0.2 percent to $46 a barrel
Gold fell 0.1 percent to $1,216.72 an ounce
Source: Bloomberg Pro Terminal
Junior Trader Stefan Panteleev
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