In Asian Equity Markets indices were broadly lower. The Shanghai composite fell 0.75 percent while the Shenzhen composite declined by 1.4 percent. Hong Kong’s Hang Seng index also shed 0.42 percent. South Korea’s Kospi was lower by 0.65 percent in morning trade, with shares of industry heavyweight Samsung Electronics falling 0.7 percent while chip-maker SK Hynix declined 1.15 percent. Australia’s benchmark ASX 200 extended its recovery to see gains of 0.36 percent in afternoon trade, with the heavily weighted financial sub-index gaining 0.92 percent.

In Currency Markets the euro and sterling steadied versus the dollar on Friday after Britain and the European Union agreed in principle to a text setting out their future relationship before a summit on Sunday.The euro and sterling traded marginally higher on Friday, looking to extend their overnight gains of 0.2 percent and 0.8 percent respectively. The yen quoted at 112.96, relatively unchanged from its previous close. The Japanese currency has traded in an extremely narrow range over the last four trading sessions, although with a weak bias.

In Commodities Markets oil markets remained weak on Friday, pressured by concerns that producers are churning out more oil than the world needs amid a bleak economic outlook. High production comes as the demand outlook weakens on the back of a global economic slowdown. U.S. West Texas Intermediate (WTI) crude futures, were at $54.07 per barrel, down 56 cents, or 1 percent, below their last settlement. Front-month Brent crude oil futures were at $62.64 per barrel, 4 cents above their last close amid thin trading due to a holiday in Japan.

In US Equity Markets trading activity was closed on Thursday due to the Thanksgiving public holiday.

In Bond Markets trading activity was closed on Thursday due to the Thanksgiving public holiday.