SYDNEY: Asian shares jumped to a four-month peak on Friday as sharp declines in the dollar and U.S. yields extended a Federal Reserve-fuelled rally, but pushback on rate cuts from central banks in Europe could deal a blow to the global pivot hopes.
Europe is also set to open higher, with EUROSTOXX 50 futures up 0.2% and FTSE futures gaining 0.3%. Both S&P 500 futures and Nasdaq futures edged 0.1% higher, each.
