In Asian Equity Markets stocks rose on Friday as appetite for risk-driven assets was supported by better-than-expected U.S. economic growth data, while Indian stocks extended their descent as heavyweight Adani remained under pressure from a short seller report. South Korea’s KOSPI index was the best performer for the day, rising nearly 1 percent, while Indonesian stocks led gains across Southeast Asia with a 0.7 percent jump. Australia’s ASX 200 index also rose 0.5 percent. Japan’s Nikkei 225 index also lagged its peers for the day, rising less than 0.1 percent.

In Currency Markets the U.S. dollar fell against the yen on Friday as traders bet a hawkish pivot from the Bank of Japan (BOJ) was still in the offing. The U.S. currency fell 0.43 percent to 129.65 yen in early trading, after data showed consumer price inflation in Tokyo accelerating to a nearly 42-year peak this month, ramping up pressure on the BOJ to step away from stimulus. The euro is headed for a 0.4 percent rise since last Friday in its third straight winning week. The risksensitive Aussie dollar rose 0.11 percent to $0.71225 . Sterling was flat on Friday at $1.2411.

In US Equity Markets stocks ended a choppy session higher on Thursday as investors grappled with an onslaught of economic data and a string of mixed corporate earnings, all while eyeing the clock as it ticks down toward next week’s Federal Reserve monetary policy meeting. The Dow rose 0.61 percent, to 33,949.41, the S&P 500 gained 1.10 percent, to 4,060.43 and the Nasdaq Composite added 1.76 percent, to 11,512.41. Chevron Corp announced it would triple its budget for share buybacks, which sent the oil major’s stock up 4.9 percent.

In Commodities Markets oil prices rose about 2 percent on Thursday on expectations that global demand will strengthen as top oil importer China reopens its economy and on positive U.S. economic data. Brent futures rose 1.6 percent, to settle at $87.47 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 1.1 percent, to settle at $81.01. Spot gold fell 0.8 percent to $1,931.37 per ounce. Spot silver was little changed at $23.90 per ounce, platinum fell 1.8 percent to $1,021.25 while palladium was down 1.4 percent to $1,674.77.

In European Equity Markets stocks rose on Thursday as upbeat results eased some worries about a profit hit from higher borrowing costs, while U.S. economic data bolstered hopes of a soft landing. The pan-European STOXX 600 rose 0.4 percent after two consecutive days of declines. Spanish bank Sabadell rose 11.2 percent to hit an over three year high on an upbeat full-year outlook, while Finnish telecoms equipment maker Nokia rose 4.0 percent after beating quarterly operating profit expectations and forecasting higher 2023 sales.

In Bond Markets U.S. Treasury yields rose on Thursday after data showed resilience in the U.S. economy, potentially strengthening the case for the Federal Reserve to maintain its hawkish posture in coming months as it seeks to cool inflation. Benchmark U.S. Treasury 10-year yields rose by about 3 basis points to 3.491 percent on Thursday. Two-year yields, which tend to more closely reflect monetary policy expectations, went up by about 4 basis points to 4.178 percent.