LONDON—World stocks scaled one-month peaks on Friday thanks to signs inflation is easing, while the yen jumped to seven-month peaks and Japanese bond yields breached a central bank target as investors challenged its commitment to loose monetary policy.
European shares opened higher and the broad STOXX 600 index touched its highest since April, while Asian-Pacific shares outside Japan hit a new seven-month high and was headed for a third consecutive week of gains.
U.S. stock futures pointed to a weaker open for Wall Street but sentiment generally was upbeat a day after data showed U.S. price pressures easing further….