"China stocks closed out their best week since 2008 as the country's central bank cut its reserve requirement for banks as part of the stimulus measures announced this week to help property and financial markets. Despite a trading glitches that caused early delays at the Shanghai Stock Exchange, the Shanghai index posted a 2.88% gain Friday."
"The Nikkei 225 rose 2.32%, aided by China optimism and dovish inflation numbers from Tokyo. The yen strengthened on the ruling party's dubbing of former Defense Minister Shigeru Ishiba, who has been supportive of interest rate hikes, as next prime minister."
"European stocks edged upwards Friday morning, aided by the arrival of China's stimulus. The fashion sector led the way, with brands Moncler, Burberry and Kering all posting gains of over 5% in early trading. The STOXX Europe 600 was up 0.19% at around 11 a.m. CET."
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