Asian stock markets posted modest gains in early Friday trading as investors turned cautious ahead of the Bank of Japan’s latest policy decision, which is widely expected to leave interest rates unchanged. Market sentiment remained fragile but supported by easing global policy concerns and a softer U.S. dollar.
MSCI’s broadest Asia-Pacific index excluding Japan rose 0.4%, while Japan’s Nikkei 225 added 0.2%. U.S. stock futures were mixed, with S&P 500 e-mini futures last up 0.1%, reflecting uncertainty after a strong rebound on Wall Street. On Thursday, U.S. equities extended gains for a second session after President Donald Trump eased earlier tariff threats against European goods and ruled out the use of force regarding Greenland. The S&P 500 advanced 0.5%, while the Nasdaq Composite surged 0.9%, driven by renewed risk appetite.
Analysts noted that markets welcomed the shift in tone, leading to a rebound in risk assets and flatter government bond yield curves, though policy uncertainty remains elevated and further volatility is expected. Ahead of the BOJ meeting, the Japanese yen weakened 0.1% to 158.54 per dollar, despite data showing Japan’s core consumer inflation rose 2.4% year-on-year in December, matching expectations.
The U.S. dollar index hovered near its lowest levels of the year at 98.329 after recording its biggest one-day drop in six weeks. Fed funds futures indicate a 96% probability that the Federal Reserve will keep rates unchanged at its upcoming January meeting. The U.S. 10-year Treasury yield edged up slightly to 4.247%.
Commodity markets saw strong momentum, with gold climbing for a fifth straight session to a record $4,951.47 per ounce, supported by dollar weakness. Silver jumped 1.7% to $97.85. In Asia, South Korean stocks led gains, with the Kospi rising 1.1% for a third consecutive day after surpassing the 5,000 milestone, helped by reform optimism and chip sector strength despite weak guidance from Intel.
In other markets, Brent crude rose 0.4% to $64.30 a barrel, while Bitcoin and ether posted modest gains, reflecting steady investor interest in digital assets.


Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes
Asian Markets Slide as New U.S. Strikes on Iran Spark Investor Caution
Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market
Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions
US Imposes Fresh Iran Oil Sanctions Despite Progress on Ceasefire Talks
U.S. Launches New Strikes on Iran as Trump Signals Peace Deal Uncertainty
Dow Hits Record High as Healthcare and Consumer Stocks Lead Wall Street Rally
Oil Prices Set for Sharp Weekly Losses as U.S.-Iran Ceasefire Hopes Ease Supply Concerns
Oil Prices Jump After New U.S. Strikes on Iran Raise Supply Concerns
S&P 500 Hits Record High as Tech Rally Slows Amid Iran Peace Uncertainty
Dollar Gains Slightly as U.S.-Iran Tensions Keep Forex Markets on Edge
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026
S&P 500, Nasdaq Hit Record Highs as Iran Ceasefire Talks and AI Rally Boost Markets
Wall Street Hits New Highs as U.S.-Iran Ceasefire Talks Boost Market Sentiment 



