- A measure of Asian equities fell on Friday, following Thanksgiving in the US, amid a subdued tone in markets. Treasury yields rose as trading resumed following the holiday.
- Hong Kong-listed technology stocks led the declines in Chinese shares, as investors weighed recent gains against an increase in Covid-19 infections and lockdown-like restrictions affecting large swaths of Beijing.
- US stock futures rose after comments from Federal Reserve officials bolstered the case for a slower pace of interest-rate increases. After a three-day losing streak, the dollar fluctuated.
- The won held near this month's high after the central bank governor said he needs to see strong evidence that inflation is under control before discussing any shift away from policy tightening.
- Japan's benchmark 10-yr bond yield rose to 0.245%, near the top of the central bank's target band, as Tokyo's inflation accelerated to its fastest rate in 40 years. The yen dropped slightly.
- The US market was closed was will be followed by a shortened session on Friday
