Asian stocks advanced and benchmark Japanese bond yields inched toward an exit from the negative territory as a risk-on mood permeated global financial markets. Japanese shares led gains in early Asian trading Friday, while U.S. futures were little changed. The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, fell 0.49 percent to 12,000 as of 6:45 a.m.
Here’s a quick look at all that could influence equities today.
- U.S. stocks sputtered late in the session Thursday but still managed to close at a record high as traders were whipsawed by conflicting headlines on the progress of trade talks with China.
- Oil is set for a weekly gain amid signs China and the U.S. are making progress in resolving the protracted trade dispute that’s undermined demand in the world’s two largest economies.
(With inputs from BloombergQuint)