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The economic calendar remains busy in the days ahead with a bevy of Federal Reserve speakers as well as the October US inflation report (consumer price index).

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Employment in the U.S. increased by more than expected in the month of October, according to a closely watched report released by the Labor Department on Friday. The report showed non-farm payroll employment jumped by 261,000 jobs in October after surging by an upwardly revised 315,000 jobs in September.

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The total value of retail sales in Australia was up a seasonally adjusted 0.6 percent on month in September, the Australian Bureau of Statistics said on Friday - coming in at A$35.096 billion.

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The Bank of England delivered the biggest interest rate hike in 33 years on Thursday, joining its global peers in aggressive tightening to bring inflation down from double-digits, even as the U.K. economy is forecast to remain in a prolonged recession. The nine-member Monetary Policy Committee decided to raise the bank rate by 75 basis points to 3.00 percent from 2.25 percent.

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Switzerland's consumer price inflation eased more-than-expected in October to reach its lowest level in five months, data from the Federal Statistical Office showed on Thursday.

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