Asian stocks and US equity futures advanced Friday as investors assessed whether monetary tightening to tackle inflation in the US and Europe is getting closer to being priced in.
Euro jumps as investors prepare for more hawkish ECB outlook
Australia, New Zealand bonds decline as Treasuries retreat
Equities rose in Japan and Australia in the wake of modest Wall Street gains that left the S&P 500 above 4,000 for the first time since late August. Shares in Hong Kong rebounded on short covering ahead of a long weekend in China.
