Asian stocks ended broadly higher on Friday, Treasury yields fell and the dollar sank after a slew of Fed officials said there is a need for further rate increases at a slower pace. The dollar hung near its weakest level since May, helping gold prices trade near nine-month highs.
Oil prices were set to post a second straight week of gains after data showed Chinese November oil demand climbed to the highest level since February.
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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.