🖼 📉The uptrend in Asian stock markets has slowed down, and the bond market has been boosted.

📉The rally in Asian stock markets slowed, and the bond market was boosted.

* Stock market performance: The rally in Asian stock markets slowed this week. The MSCI Asia Pacific ex-Japan stock index fell 0.1%, but is still on track for a weekly gain of more than 3%. Goldman Sachs raised the 12-month target for the index to 660 from 620. Japan's Nikkei index fell 0.4% after data showed Japan's economy shrank for the first time in a year in the first quarter. Alibaba's Hong Kong-listed shares fell 6.8% after its quarterly revenue failed to impress investors.
* Bond market: U.S. Treasury yields fell. The yield on the benchmark 10-year Treasury note fell 3 basis points to 4.424%, after having fallen 7 basis points.
* Currency market: Investors sold the U.S. dollar and turned to safe-haven currencies such as the Japanese yen and the Swiss franc. The dollar fell 0.4% against the yen and 0.3% against the Swiss franc.
* Commodities: Oil prices stabilized after a 2% overnight plunge on news that the United States and Iran may reach a nuclear deal. U.S. crude futures rose 0.1% to $61.71 a barrel, and Brent crude prices rose 0.1% to $64.61 a barrel. Gold prices fell 0.5% to $3,223 an ounce.

(Reuters)

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