The recent rally in global stocks has only a little further to go given last year's unexpectedly sharp run-up, according to a Reuters poll of equity strategists who were evenly split on whether there will be a correction in the next three months.

Asia stocks rose on Friday and put global markets on course for a week of heady gains as AI darling Nvidia (NASDAQ:NVDA)'s stunning results sparked a wave of record highs from Asia to Europe and the U.S., while the yen nursed losses on a range of currencies.

Oil prices fell slightly in Asian trade on Friday, and were set to close the week a shade lower as concerns over sluggish demand largely offset bets on tighter supplies due to disruptions in the Middle East.

The yen sagged to fresh lows on the euro, sterling and other crosses this week and headed for a fourth weekly drop on the dollar as investors chased better yields just about everywhere but Japan, wagering rates there would stay near zero for some time.

Asian stocks were a mixed bag on Thursday as gains in the technology sector, following positive signals from AI darling Nvidia, were offset by persistent fears of high U.S. interest rates, while Japan’s Nikkei 225 benchmark outperformed. 

Britain chalked up its highest ever monthly budget surplus in January due to record seasonal tax inflows, official figures showed on Wednesday, although the broader picture remains tough as finance minister Jeremy Hunt prepares his annual budget.