Dollar continues to weakens on fed dovish statement.

Investors are also tracking moves after the dollar hit a six-week low against the euro, weakening in the wake of recent dovish comments from U.S. Fed Chair Janet Yellen. But it's not just the euro that's making gains against the USD, Asian currencies are also getting a big boost. The Australian and New Zealand dollar are near nine-month peaks, while the Malaysian ringgit has climbed to a new seven-month high against the greenback.

China-led Asian Infrastructure Investment Bank agrees to fund US$500M to India for eco friendlyinvestment projects

India hopes to receive one of the first loans issued by the China-led Asian Infrastructure Investment Bank later this year, as it looks to raise $500M for solar power projects from the newly created lender. The AIIB, which has authorized capital of $100B, plans to join global clean-energy initiatives, and could fund eco-friendly investment projects to avoid allegations of promoting pollution.

Gold prices up 1.2% to $1273.60 per ounce

Gold prices are heading higher, up 1.2% to $1,273.60 per ounce, after closing at their highest level in more than a year on Thursday. Where's the next stop for the yellow metal? Bulls may aim for the January 2015 high of $1,307. Above that level, there is not much obvious resistance until the 200-week moving average, currently at $1,339. Trouble is also a possibility if today's employment report is a strong one, but for now the doves at the Fed have the upper hand.

Moody's Investor Service has lowered the outlook on China from stable to negative

Moody's Investors Service has lowered the outlook on China's credit rating from stable to negative, citing a weakening of fiscal metrics and a continuing fall in foreign exchange reserves. "Without credible and efficient reforms, China's GDP growth would slow more markedly as a high debt burden dampens business investment," the ratings agency added. Moody's current Aa3 rating on China is still seven notches above junk, so even if the agency were to follow up on its warning, investors wouldn't have to suddenly start selling the country's bonds. The Shanghai Composite shrugged off the decision along with other Asian shares, climbing 4.3%, after yesterday's record run on Wall Street.