Global Equities Shed Heavy Loss on Friday on Aggressive Voicing of Policymakers

Asian shares shed losses on Friday which European shares tracked on opening, the market movement follows aggressive voicing of Federal Reserves members on rate hikes to combat inflation.

U.S. treasuries inched up following the development while dollar index inched down.

The SET, KOSPI, TOPIX, CSI300 and HSI lowered by 0.44%, 1.36%, 1.39%, 0.82 and 0.19% respectively.

MSCI broad market Asia index ex Japan inched down by 0.07 %.

U.S. futures Dow Jones and S&P 500 is up by 0.24% and 0.16% while Nasdaq remained flat.

Crude oil WTI and Brent is trading higher by 1.19% to $83.09 per barrel while Brent is up by 1.30% to $85.57 per barrel.