World shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. Oil prices fell after U.S. President Donald Trump called on oil-producing countries to reduce the price of crude,

The possibility is 'quite high' if markets remain calm following Trump's inauguration on Monday as the 47th president of the United States.

Further deliberations are expected to be required for the Bank of Japan to explore future interest rate hikes, with its key policy rate having approached the highest level in three decades, threatening flagging consumption.

European stocks also edged higher during early trading, helped by personal goods stocks as well as Trump's comments, with the STOXX 600 up 0.3%, Germany's DAX up 0.4% and France's CAC 40 up 0.9% on the day.

World shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.

This, in turn, suggests that the path of least resistance for the Gold price remains to the upside. Hence, any corrective pullback might still be seen as a buying opportunity and remain limited. The market focus now shifts to the European Central Bank (ECB) policy meeting,

The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely bring the central bank's thinking closer to global peers taking a more conventional approach on monetary policy.

The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely bring the central bank's thinking closer to global peers taking a more conventional approach on monetary policy.

LIVE: Markets in Indian are poised to open on a flat note with a positive bias, following a lower close on Wall Street overnight after the US Fed held interest rates steady on Wednesday

Japan and the United States are in the final stage of planning for a meeting between Prime Minister Shigeru Ishiba and President Donald Trump in Washington on Feb. 7, the Asahi newspaper said on Thursday,

President Trump says the the 30,000-person facility for undocumented migrants will house "the worst criminal illegal aliens".

The Federal Reserve left its key interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed