Asian Shares Set to End Strong Week on Soft Note, Bonds Enjoy Relief Rally

GLOBAL MARKET - SYDNEY. Asian stocks were ending a strong week on a softer note on Friday as the euphoria over U.S.-China trade talks faded, while revived bets for policy easing in the United States sparked a rally in beaten-down bond markets.

Oil prices steadied after plunging over 2% overnight on news of a potential U.S.-Iran nuclear deal, but they are still up 1% for the week as the global economic outlook brightened.