In Asian Equity Markets indices traded mixed on Friday. In China, the Shanghai composite rose 0.33 percent in morning trade while the Shenzhen composite saw gains of 0.67 percent. Hong Kong’s Hang Seng index fell 0.33 percent. Japan’s Nikkei 225 erased earlier gains to trade down 0.12 percent while the Topix index declined by 0.1 percent. South Korea’s Kospi declined 1.38 percent while the Kosdaq index fell 2.36 percent. Shares of major chip-makers SK Hynix and Samsung traded down 0.93 percent and 0.37 percent, respectively.

In Currency Markets the US dollar traded in tight ranges against most of its peers on Friday as investor appetite for riskier assets remained shaky while the euro stayed near two-month lows after the European Central Bank failed to convince markets that rates would rise. The euro traded flat at $1.1375 on Friday, having hit a two-month low of 1.1353 in the previous session. Sterling traded marginally higher at $1.2822 after it hit a six-week low of $1.280 on Thursday. The Swiss franc, another safe haven currency, traded relatively unchanged at 0.9992 on Friday.

In Commodities Markets oil prices eased on Friday and were heading for a third weekly loss after Saudi Arabia’s OPEC governor said the market could be heading into oversupply, as growth concerns took a hit with a slump in global equities this week. Brent crude futures were down 45 cents, or 0.6 percent, at $76.44 a barrel. The global benchmark is heading for a weekly loss of 4.2 percent. U.S. crude was down 56 cents, or 0.8 percent, at $66.77 a barrel. The U.S. benchmark is heading for a 3.4 percent loss this week.

In US Equity Markets stocks jumped on Thursday, giving the Nasdaq its biggest daily gain since March, as Microsoft’s upbeat earnings spurred a rebound in technology names and investors snapped up oversold shares. The Nasdaq rose 3 percent, a day after it registered its biggest decline since 2011. Microsoft jumped 5.8 percent after it beat consensus estimates for revenue and profit. That, along with gains in chip-makers, helped technology stocks  rise 2.89 percent. The S&P 500 gained 1.86 percent, to 2,705.57 and moved back in positive territory for the year.

In Bond Markets U.S. Treasury yields rose from three-week lows on Thursday as equities gained. Benchmark 10-year Treasury yields dropped to 3.09 percent on Wednesday, the lowest since Oct. 3, before rising to 3.14 percent on Thursday. The Treasury Department saw weak demand from direct bidders in a $31 billion auction of seven-year notes, the final sale of $108 billion in coupon-bearing supply this week.