10 things you should know before the opening bell

Global cues:

Japanese stocks scaled six-month peaks on Friday as the yen took a spill, though other Asian markets lagged behind as investors become resigned to an inevitable slowdown in U.S. stimulus. Tokyo’s Nikkei .N225 put on 0.7 percent, making a meteoric 10 percent rally in just 11 sessions and setting the scene for a re-test of its 2013 peak at 15,942.

[caption id=“attachment_1230907” align=“alignright” width=“380”]  Reuters[/caption]

The Dow industrials closed above 16,000 for the first time on Thursday as stocks rebounded from three days of weakness, after economic data pointed to a slowly improving labor market and subdued inflation.

Goldman Sachs Group Inclost more than $1 billion on currency trades during the third quarter, recent regulatory filings show, offering some insight into why the firm, considered one of Wall Street’s most savvy traders, reported its worst quarter in a key trading unit since the financial crisis.

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Gold prices rose on Thursday, rebounding from a four-month low set earlier in the session on renewed fears that the U.S. Federal Reserve might soon be able to start scaling back its monetary stimulus.

Business/Stock news:

Nokiahas asked the Delhi High Court to help release its Indian factory after its seizure by the local tax authorities, the Finnish firm said on Thursday as it seeks to resolve the tax dispute ahead of the sale of its mobile phone business to Microsoft.

Sahara Group company shareswill be in focus after the Supreme Court barred the group from selling any of its properties for failing to refund aboutRs.24,000 crore to investors who had invested in securities sold by two group companies.

The coal ministry on Thursday decided to de-allocate 11 captive coal blocks including three mines of Jindal Steel and Power, besides forfeiting the bank guarantees of six firms and asking five to expressly furnish bank guarantees.

Economy news:

The annual headline inflation is expected to moderate to near 5 percent as there was reasonable price stability in some major commodities, the finance minister said on Thursday.

Indian banks are struggling to reduce bad loans and improve their loan recovery process. TheReserve Bank of Indiasaid that increasing stress on asset quality posed a major challenge to the banking system.