• Asian equities are set to climb after a rescue package for First Republic Bank sparked a rebound in US shares. Treasuries fell after the European Central Bank delivered a rate hike that added to bets the US central bank will also raise next week.
• Australian shares rose while stock futures for benchmarks in Japan and Hong Kong gained at least 1%. The S&P 500 notched its largest one-day advance since January after the biggest US lenders agreed to contribute $30 billion in deposits to First Republic, easing speculation that the bank could be the next to fail after two high-profile demises touched off the crisis last week.