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• European markets were slightly higher Friday morning, after a strong trading session seen in both Asia and the U.S.

The pan-European Stoxx 600 was 0.05 percent higher with the different sectors moving in opposite directions.

• Asian shares rallied on Friday as risk appetite got a boost from soft U.S. inflation, helping alleviate worries of faster rate hikes by the Federal Reserve, while investors also cheered U.S.-North Korean steps to further ease tensions on the Korean Peninsula.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.9 percent to near three-week highs with broad-based gains across all sectors.

• Japan’s Nikkei share average rose to a three-month high on Friday, buoyed by tepid U.S. inflation data easing concerns over the Federal Reserve hiking rates at an accelerated pace, as well on gains for several companies posting solid earnings.

The Nikkei closed the day up 1.16 percent at 22,758.48 after brushing 22,769.16, its highest since Feb. 5. The index gained 1.3 percent this week.

• China stocks fell on Friday, but posted their best weekly performance in almost three months, as interest towards Chinese blue-chips has been steadily building ahead of MSCI’s A-share inclusion next month.

The blue-chip CSI300 index fell 0.5 percent to 3,872.84, while the Shanghai Composite Index lost 0.4 percent to 3,163.26.

Reference: Reuters, CNBC