World Bulletin / News Desk
Asian and European stock markets mostly rebounded Friday from a sell-off the previous day, while the dollar and pound extended gains on growing expectations of hikes in US and British interest rates.
But they shifted back into buying mode Friday, with Frankfurt, London and Paris pushing higher ahead of the weekend.
European investor sentiment was also buoyed after eurozone ministers struck a long-delayed deal with Greece on Thursday to unlock badly-needed rescue cash.
Meanwhile, Tokyo was also boosted by a surge in the dollar against the yen.
The greenback has rallied around two percent against the yen from lows touched before the Federal Reserve on Wednesday lifted borrowing costs and indicated further tightening of monetary policy.
The central bank also outlined plans to suck cash out of the financial system by scaling back the bonds on its balance sheet.
Tokyo's Nikkei index closed up 0.6 percent, with the yen weakening after the Bank of Japan refused to alter its accommodative monetary policy.
However, governor Haruhiko Kuroda is facing pressure to provide some guidance on its future plans as the economy improves and concerns grow about a widening gap between US and Japanese rates.
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The figure was slightly lower than analysts had forecast, following a 1.4 percent hike in overall prices in August.
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Investors will also be tracking the start of an EU summit where Brexit will once again be the focus of attention.
BIST 100 index rises 0.45 pct while US dollar/Turkish lira rate stands at 3.67
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While optimism remains over the world economy and corporate earnings -- helping push global markets to all-time or multi-month highs -- investors moved carefully as they await the next catalyst.
BIST 100 index rises 1.18 pct while US dollar/Turkish lira rate stands over 3.63
BIST 100 index falls 0.24 pct while US dollar/Turkish lira rate climbs to 3.69
National Bank of Ethiopia says devaluation of its currency necessary to boost exports
In its latest forecast, the IMF predicted the Russian economy will expand by 1.8 percent in 2017 and by 1.6 percent in 2018.