Asian stocks ended mostly higher on Friday, as data showing a slowdown in U.S. inflation helped calm worries over the Federal Reserve's rate-hike trajectory.
Japanese shares bucked the uptrend as the yen hit a seven-month high and bond yields broke above the Bank of Japan's target on speculation about a stimulus tweak heading into next week's policy meeting.
Gold held steady near a seven-month high in Asian trading, while oil prices eased slightly after recent strong gains on optimism surrounding China's reopening and signs of slowing inflation in the U.S. and Europe.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.