Asian shares jumped to a four-month peak on Friday as sharp declines in the dollar and U.S. yields extended a Federal Reserve-fuelled rally, but pushback on rate cuts from central banks in Europe could deal a blow to the global pivot hopes. Europe is also set to open higher, with EUROSTOXX 50 futures up 0.2% and FTSE futures gaining 0.3%. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan was last up 0.9% after an earlier rally to the highest since early August met some resistance due to a turnaround in Chinese shares.
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