China M2 Money Supply (YoY) registered at 7.2%, below expectations (8.3%) in April

China Consumer Price Index (MoM) climbed from previous -1% to 0.1% in April

China Producer Price Index (YoY) below forecasts (-2.3%) in April: Actual (-2.5%)

China Consumer Price Index (YoY) above forecasts (0.1%) in April: Actual (0.3%)

The US Dollar Index (DXY) is currently trading around the 105.35 mark, posting mild gains on Friday near the end of the trading week.

At the end of the week, the NZD/USD has lost 0.21% as buyers seem to have run out of steam.

Gold prices advanced sharply late in the North American session on Friday, up by more than 1% despite US Treasury bond yields remaining high.

Federal Reserve (Fed) Bank of Richmond President Thomas Barkin hit newswires late Friday reaffirming a "patient" approach from the Fed will eventually reduce inflation to the US central bank's desired target level.

The Pound Sterling (GBP) will finish the week on a higher note against the Japanese Yen (JPY), posting gains of more than 0.26% on Friday and 1.74% weekly.

The Canadian Dollar (CAD) surged on Friday after the Canadian economy added five times as many jobs as analysts expected.

Silver prices reversed on Friday amid high US Treasury yields and a stronger US Dollar.

The Dow Jones Industrial Average (DJIA) gained around a hundred points on Friday as equities try to shake off a decline in the University of Michigan’s Consumer Sentiment Index which showed US consumers are increasingly concerned about long-run inflation taking hold.

The EUR/JPY has been dominating with a steady bullish trend.

The Mexican Peso extended its gains for the second straight day after the Bank of Mexico (Banxico) decided to keep rates at 11.00% due to a reacceleration of inflation.

Japan CFTC JPY NC Net Positions increased to ¥-134.9K from previous ¥-168.4K

Australia CFTC AUD NC Net Positions increased to $-64.5K from previous $-83.2K

Eurozone CFTC EUR NC Net Positions rose from previous €-6.8K to €4.6K

United Kingdom CFTC GBP NC Net Positions: £-21.8K vs £-29K

United States CFTC Oil NC Net Positions: 215.4K vs previous 265.5K

United States CFTC Gold NC Net Positions: $199.6K vs previous $204.2K

United States CFTC S&P 500 NC Net Positions declined to $-9.7K from previous $43.1K

The USD/NOK pair is trading with mild losses around 10.85. The Federal Reserve's (Fed) hawkish approach seems to be aiding the USD, while strong economic recovery signals in Norway aren't offsetting this impact on the NOK.

Minneapolis Federal Reserve (Fed) President Neel Kashkari added his voice to the procession of Fed officials giving their views on the US inflation outlook and the Fed's policy stance on Friday.

United States Monthly Budget Statement registered at $210B, below expectations ($244.5B) in April

Further comments from Chicago Federal Reserve (Fed) President Austan Goolsbee highlighted the Fed's ongoing battle with stubborn inflation that refuses to cool off to the US central bank's 2% target.

Chicago Federal Reserve (Fed) President Austan D. Goolsbee added his voice to the procession of Fed officials commenting on interest rates and inflation on Friday.

United States Baker Hughes US Oil Rig Count fell from previous 499 to 496

Federal Reserve (Fed) Board of Governors member Michelle W.

The Pound Sterling weakened against the US Dollar on Friday, even though economic data from the UK was better than expected.

Gold price (XAU/USD) trades almost a percentage point higher in the $2,360s on Friday.