In Asian Equity Markets Japan’s Nikkei index fell on Friday morning after exporters such as automakers were sold, while Mitsubishi Materials dived after it said its subsidiaries falsified data. The Nikkei declined 0.4 percent to 22,428.83 in midmorning trade, after markets were closed for a national holiday on Thursday. The broader Topix fell 0.3 percent to 1,772.69. MSCI’s broadest index of Asia-Pacific stocks outside Japan was up 0.2 percent, as Hong Kong stocks bucked the softness in the mainland shares to gain 0.6 percent. The CSI300 index fell as much as 0.9 percent to a three-month low in choppy trade after a 3.0 percent fall – its biggest in almost a year-and-a-half – on Thursday.

In Currency Markets the dollar wobbled in thin trading on Friday, on track for losses against most rivals in a holiday-shortened week as it remained under pressure on the Federal Reserve’s cautious view on low U.S. inflation. The dollar added 0.2 percent against the yen to 111.46, pulling away from Thursday’s two-month low of 111.07 yen, though it was still down 0.5 percent for the week. The euro was steady at $1.1852, not far from last week’s one-month high of $1.1862. Sterling edged down 0.1 percent to $1.3290, though it was 0.6 percent higher for the week and remained close to Thursday’s six-week high of $1.3337 ahead of a visit by British Prime Minister Theresa May to Brussels later on Friday for Brexit talks.

In Commodities Markets  U.S. crude oil rose to a two-year high on Friday, as the shutdown of a major crude pipeline from Canada to the United States tightened North American markets.  U.S. West Texas Intermediate crude futures were at $58.44 a barrel, up 0.7 percent from their last settlement. Brent crude futures were at $63.42, down 13 cents. Spot gold was up 0.1 percent at $1,291.50 per ounce. U.S. gold futures for December delivery fell 0.1 percent to $1,291.10. Silver rose 0.5 percent to $17.14 an ounce, and platinum gained 0.2 percent to $934.74 an ounce. Palladium lost 0.1 percent to $1,010.75 an ounce after hitting a two-week high of $1,013.70 in the previous session.

In U.S., Equity Markets were  closed for Thanksgiving holiday.

In Bond Markets Japanese government bonds fell on Friday and the yield curve steepened following the Bank of Japan’s move to slightly trim its purchases of longer maturities in its regular buying operations. The benchmark 10-year cash JGB yield added half a basis point to 0.025 percent. The 10-year JGB futures contractfell 0.14 point to 151.01 in the afternoon trade. In the superlong zone, the 20-year yield added one basis point to 0.570 percent, while the 30-year yield was up two basis points at 0.825 percent.