The dollar remained under pressure and Treasury yields rose following weak debt auctions and with a Fed rate cut in September looking increasingly likely.

Global equities rose on Friday as investors clung to the view that U.S. interest rates may fall further this year, with European shares posting their biggest weekly gain in 12 weeks on strength from banking stocks.

Stock index futures ticked up on Friday, amid a rally in tech stocks that boosted market sentiment, even as investors continued to weigh the impact of Donald Trump's tariffs.