After the opening bell, your market roundup: rising stocks worldwide

MSCI World stocks index increased by 2% for the week, after some sharp losses . The MSCI World stocks index has increased by 2% for the week, after some sharp losses .

Investors shifted their bet on central banks to reign in inflation on Friday, sending stocks and bonds for the first weekly gains in a month in a row to the green, with Asian stock soared today after closing at their record lows on Wall Street overnight, with MSCI's broadest index of Asia-Pacific equities outside of Japan up 1% on Friday.The US dollar was only marginally below a two-decade high in relation to a basket of foreign currencies, but lower commodity prices do mean that we could be just what the doctor ordered for the global economy, according to NatWest markets strategist Brian Daingerfield.Copper dropped 3% in Shanghai and is down more than 7 percent for the week, the biggest weekly decline since the financial markets collapsed in March 2020, with Chicago wheat down nearly 9% and trading at $9.42 a bushel.Oil prices dropped overnight, and Brent crude futures fell by 2% to $110.62 a barrel for the week.

The MSCI World stocks index has increased by 2% for the week, after some sharp losses.This week, however, was littered with poor economic numbers.In June, Japan, the euro zone, and the United States all saw a slowdown in industrial production, with American companies reporting the first direct decrease in new orders in two years as a result of the nations' weaker confidence.German two-year rates dropped by 7 basis points overnight and remained unchanged at 3.0944 percent.It last traded at $1.0529 per euro, which paid 134.79 yen.There are some clear economic and market trends.Leading indicators such as the PMI and retail sales in Europe and the United States suggest a slowdown.

Following another expected 75 basis point rate increase in July, the markets are now relying on more cautious policy action from the Fed, Mr Vijayakumar said on Thursday, indicating volatility, confusion, and lack of direction.On the global front, Fed Chair Jerome Powell reiterated unconditional commitment to limiting inflation, particularly in the face of economic challenges, on his second day of congressional testimony.The 10-year note's yield fell to a two-week low overnight on Friday, setting the tone for the first weekly drop this month.Investors are watching the direction of Federal Reserve policy and see whether rapid rate increases will result in a slowdown.