Asian stocks ended mostly higher on Friday after U.S. stocks rose for a second consecutive session overnight on easing geopolitical and trade tensions between the United States and Europe.
Lingering uncertainty about U.S. policy weighed on the dollar, helping lift gold prices to a record high above $4,950 an ounce.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.