- An Asian equity index fell on mixed Federal Reserve policy signals about the likely pace of interest-rate hikes, while the dollar rose as the spotlight shifted back to geopolitical tensions.
- The Asia-pacific share index of MSCI fell by less than 0.5%. Moves in Japan, China, and Hong Kong were relatively quiet. After a small gain on Thursday, the S&P 500, Nasdaq 100, and European futures all fell.
- A dollar index was hovering near a one-month high. Indonesian President Joko Widodo stated that Chinese President Xi Jinping and Russian President Vladimir Putin intend to attend the Group of 20 summit in Bali later this year. As Russia continues its war in Ukraine, this sets up a showdown with US President Joe Biden and other world leaders.
- Treasury yields have risen. oil, gold and bitcoin dropped. A $2trln options expiration on Friday could cause global market volatility.
