Asian Markets Rally on Wall Street Rebound, Lower Oil Prices
Asian markets rebounded on Friday, fueled by a strong rally on Wall Street and declining oil prices. Japan's benchmark Nikkei 225 surged 0.8% to 64,662.11 in early trading.
The Bank of Japan wrapped up its two-day monetary policy meeting, with no major interest rate changes announced. South Korea's Kospi jumped 2.1% to 6,856.35, while Australia's S&P/ASX 200 rose nearly 0.1% to 8,738.50.
The recent dip in oil prices also contributed to the market's positive trend. Brent crude oil lost 0.68% to $104.11 a barrel, and benchmark U.S. crude slid 0.54% to $101.36 a barrel.