The Asian stock markets showed a mixed performance as investors awaited the release of crucial U.S. personal spending data for November.

The Nikkei 225 index in Tokyo

remained stable following the release of Japan's November inflation figures, which exceeded market expectations. The Bank of Japan's decision to maintain its benchmark interest rate at 0.25% contributed to a stronger dollar against the yen.

Currency trading

The dollar was valued at 157.11 yen early Friday, slightly lower than before.

The Hang Seng index in Hong Kong

saw a modest increase, while the Shanghai Composite index rose, buoyed by China's central bank's decision to keep its loan prime rates unchanged.

In the United States

stock indices faced volatility, with the S&P 500 dipping and the Dow Jones Industrial Average managing a slight gain. The Nasdaq composite also fell. Despite recent struggles, major indices remain close to record highs.

Recent economic reports from the U.S.

have presented a mixed picture, with growth in the overall economy but unexpected contraction in manufacturing.

Oil prices

experienced a slight decline, and the euro weakened against the dollar.

The interplay between interest rates, inflation, and economic growth

remains a focal point for market participants.