Societe Generale in its early Friday economic news summary pointed out:

-- US dollar off highs as United States government shutdown looms, 10-year US Treasury retreats to 4.54%. 2y/10y in breakout territory after steepening to 25bps. Republican-led House rejects temporary funding plan backed by President-elect Trump. Mexico's Banxico cuts 25bps late Thursday.

-- Day ahead: US PCE deflator, SocGen forecasts +0.3% month over month for headline and core. Fed speaker Daly. Colombia's central bank forecast to cut 50bps to 9.25%.

-- Japan's consumer price index accelerates to 2.9% year over year in November from 2.3% in October. Core climbs to 2.7% from 2.3%. Finance Minister Kato: will take appropriate action against excessive foreign exchange moves, alarmed by recent developments including those driven by speculators.

-- China's central bank keeps one- and five-year LPRs on hold at 3.10% and 3.60%, respectively. One-year CGB yield plummets to 1%, the lowest since 2009.

-- Nikkei -0.3%, EUR 10-year IRS -2bps to 2.30%, Brent crude -0.6% at $72.4/barrel, Gold +0.1% at $2,600/oz.