Asian stocks recovered some of their sharp losses from the previous session on Friday after US markets curbed further declines due to hawkish comments from the US Federal Reserve, backed by a resilient economy and strong earnings from Apple Inc.
US stock futures rose in Asia, with the Nasdaq 100 e-mini up 1.2% and the S&P 500 e-mini up 0.8% after Apple reported record holiday quarter sales on Thursday, beating forecasts. Apple shares were up more than 5% in after-hours trading.
MSCI Asia-Pacific's broadest index of stocks outside Japan rose 0.2% after falling 2.26% on Thursday. The index is still down 5.1% this month.
Australian shares rose 1.16% and Japan's Nikkei stock index rose 1.49%.
In Asia, Chinese stocks rose on Friday, with China's CSI300 blue-chip index up 0.24%. Hong Kong's Hang Seng index was down 0.41%.
According to https://exnesslatam.com/trading-de-criptomonedas/ on Wall Street, US stocks retreated after a solid opening as investors combined positive economic news with mixed corporate reports, geopolitical unrest and the prospect of more hawkish Federal Reserve policy.
The Dow Jones Industrial Average index fell 0.02%, the S&P 500 fell 0.54% and the Nasdaq Composite fell 1.4%.
US markets opened higher after the Commerce Department's preliminary fourth-quarter GDP forecast showed the US economy grew 6.9 per cent in 2021 at the fastest pace in almost four decades.
But gains have dwindled as investors have realised how strong economic growth can affect the Fed's thinking.
In its latest policy update on Wednesday, the Fed indicated it was likely to raise rates in March, as many had expected, and reiterated plans to stop buying pandemic bonds this month before starting a significant reduction in its assets.
However, the prospect of a faster or more significant US interest rate hike helped the dollar rise to its best weekly reading in seven months. The dollar rose 0.1 per cent against the yen to 115.45, approaching this year's high of 116.34 on 4 January.
"The US dollar overcame resistance overnight as it consolidated on its FOMC gains. Overall, better-than-expected US economic data helped the dollar," CBA analysts said in a note.
The benchmark 10-year Treasury bond yield rose to 1.8155% from Thursday's US close of 1.808%. Two-year yields, which are rising on traders' expectations of higher Fed funds rates, reached 1.1981% compared with a US close of 1.192%.
US oil rose 0.67% to $87.19 a barrel. Brent crude reached $89.34 a barrel.
Ongoing tensions between Russia and Ukraine pushed oil prices to a seven-year high early in the week.
Gold fell slightly in price. Spot gold was trading at $1796.06 an ounce.
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