TOKYO: Japanese equities soared to 5-1/2-year highs on Friday, with the dollar sailing past the symbolic 100 yen level and beefing up the outlook for Corporate Japan, but shares elsewhere in Asian shares retreated as global equities paused overnight from recent rallies.
European stock markets will likely inch higher after the pan-European FTSEurofirst <.FTEU3> closed flat overnight to stay near five-year highs. Financial spreadbetters predicted London's FTSE 100 <.FTSE>, Paris's CAC-40 <.FCHI> and Frankfurt's DAX <.GDAXI> would open up as much as 0.2 percent. <.L><.EU>