Wall Street rally, currencies and oil

SINGAPORE shares in the Asia-Pacific region increased during trading on Friday morning increases overnight on Wall Street with S&P 500 jumping almost 2%.

In Japan, Nikkei 225 rose 0.81% while the Topix index rose 1.02%. South Korea Kospi received 0.93%.

Australian equities rose higher as S & P / ASX 200 rose 0.54%.

MSCI’s broadest Asia-Pacific index outside Japan traded 0.33% higher.

Hong Kong shares will return to trading on Friday after the city’s markets closed for two days.

Stock pick and investment trends from CNBC Pro:

Overnight on Wall Street, the S&P 500 rose 1.71% to 4,428.26 — the biggest jump since March — when investors cheered better-than-expected results from big companies like Bank of America.

The Dow Jones Industrial Average rose 534.75 points to 34,912.56 while the Nasdaq Composite rose 1.73% to 14,823.43.

Currencies and oil

The US dollar index, which tracks the greenback against a basket with his teammates, stood at 94,036 after weakening earlier this week from over 94.5.

The Japanese yen traded at 113.81 per dollar, still weaker than levels below 112.8 against the greenback earlier this week. The Australian dollar changed owners to $ 0.7415 after rising below $ 0.74 yesterday.

Oil prices were higher in the morning during Asia’s opening hours, with an international benchmark Burnt raw futures up 0.42% to $ 84.35 per barrel. US crude futures gained 0.44% to $ 81.67 per barrel.

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