In Asian Equity Markets Japan’s Nikkei index fell on Friday, as heavyweight technology stocks tracked overnight weakness on Wall Street, but losses were limited as investors bought back stocks at a dent ahead of the overseas long weekend. The Nikkei index was down 0.3 percent at 27,101.07, but gave up most of its losses and even turned positive briefly. The broader Topix fell 0.61 percent to 1,89638. Subaru fell 2.38 percent after the automaker suspended shipment of some of its three main automobile models over an engine sensor malfunction and also plans to temporarily halt production of the models.

In Currency Markets the dollar rose to a two-decade peak against the yen and kept close to a two-year high to the euro on Friday, as more hawkish comments from Federal Reserve officials reinforced expectations for faster U.S. policy tightening. The greenback was 0.43 percent higher at 126.40 yen after earlier reaching 126.56 for the first time since May 2002. The euro fell 0.14 percent to $1.0812. Meanwhile, the Australian dollar hovered near a three-week low of $0.7392 reached on Wednesday, last trading down 0.2 percent on the day at $0.7404.

In US Equity Markets stocks closed lower on Thursday at the end of a holiday-shortened week as bond yields resumed their uphill climb and investors contended with mixed earnings and economic data. The Dow fell 0.33 percent, to 34,451.23, the S&P 500 lost 1.21 percent, to 4,392.59 and the Nasdaq Composite fell 2.14 percent, to 13,351.08. Tesla Inc Chairman Elon Musk offered to take Twitter Inc private with a $41 billion cash offer. The social media company’s shares oscillated throughout the session but closed down 1.7 percent.

In Commodities Markets oil prices fell on Thursday in thin trade ahead of a public holiday, as traders weighed a larger-than-expected build in U.S. oil stocks against tightening global supply. Brent futures were down 0.8 percent, at $107.92 a barrel, while U.S. West Texas Intermediate futures were off 1.1 percent, at $103.15 a barrel. Spot gold was little changed at $1,974.28 per ounce. U.S. gold futures were down 0.4 percent at $1,977.60. Spot silver was flat at $25.73 per ounce, platinum was unchanged at $986.27 and palladium rose 2.3 percent to $2,368.85.

In European Equity Markets stocks rose on Thursday as the ECB kept its policy stance largely unchanged and signalled a steady reduction of stimulus over the coming months, spurring money markets to trim rate hike bets for the year. The pan-European STOXX 600 index rose 0.7 percent, broadening a rise of 0.1 percent from earlier in the day, while euro zone shares advanced 0.6 percent. Tech stocks were the only sector in the red, shedding 0.3 percent, while battered travel and leisure stocks gained the most, with low-cost airline Wizz Air jumping 7.7 percent on signs of encouraging summer bookings.

In Bond Markets the benchmark 10-year U.S. Treasury yield jumped on Thursday following two days of declines after a flurry of economic data and a policy announcement from the European Central Bank about its tightening plans was less aggressive than anticipated. The yield on 10-year Treasury notes was up 8.7 basis points to 2.776 percent and was on pace for its biggest daily basis point climb since April 5. The yield on the 30-year Treasury bond was up 7.7 basis points to 2.873 percent. The two-year U.S. Treasury yield was up 8.9 basis points at 2.431 percent.

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