Asian shares rose to eight-month highs on Friday, on track for solid weekly gains, as record highs on Wall Street offset the impact on sentiment of an attack in France that lifted the safe-haven yen, Reuters reported. Oil prices gave up some of their overnight gains in early trading, after rising 2% on Thursday as traders covered short positions after data showing weak U.S. fuel demand. Brent crude futures slipped 0.9% to $46.96 a barrel, while U.S. crude fell 0.9% to $45.28. This morning, Nymex’s crude oil fell 1.18% to US$45.14 per barrel in Asian trading and gold declined 0.17% to US$1,329.90 per ounce.
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