By YURI KAGEYAMATOKYO (AP) — Global shares were mixed Friday and the dollar steadied, as expectations grew that President-elect Donald Trump's trade policies might fuel inflation. KEEPING SCORE: France's CAC 40 fell 0.3 percent to 4,530.95 in early trading, while Germany's DAX was down nearly 0.2 percent at 10,630.12. Britain's FTSE 100 edged up 0.2 percent to 6,842.94. U.S. shares also were sending mixed signals. Dow futures were up 0.03 percent at 18,800, while S&P 500 futures fell 0.1 percent to 2,165.80. ASIA'S DAY: Hong Kong's Hang Seng index lost 1.4 percent to 22,531.09 and South Korea's Kospi fell 0.9 percent to 1,984.43. Japan's benchmark Nikkei 225 added 0.2 percent to finish at 17,374.79 after touching a half-year high in early trading as the yen fell against the dollar. Australia's S&P/ASX 200 edged up 0.8 percent to 5,370.70. Shares in Taiwan dropped 2.1 percent and in Indonesia they fell 3.6 percent. The Shanghai Composite added 0.8 percent at 3,196.04. TRUMP HOPES: Investors are hopeful about some of the policy changes that may come when the Trump administration takes office in January, including tax cuts, infrastructure spending and deregulation. An improved American economy is a certain boon to export-driven Asia. THE QUOTE: But some analysts urged caution on such optimism, while noting that U.S. markets' being closed later in the day for Veterans' Day may help ease some of the market swings. "Trump has not announced anything new so far, apart from reaffirming his priority to repeal and replace 'Obamacare' on top of implementing tax reforms," said Chang Wei Liang, Singapore Treasury Division at Mizuho Bank, referring to President Obama's health care program. BONDS: Investors have been pulling out of bonds, expecting Trump's policies might spur inflation, leading to higher interest rates, both of which are bad for bonds. Higher yields on bonds also would draw investors away from equity markets, pulling prices lower.
ENERGY: Benchmark U.S. crude fell 36 cents to $44.30 a barrel in New York. Brent crude, used to price international oils, lost 32 cents to $45.51 a barrel in London.CURRENCIES: The U.S. currency rose to 106.49 yen from 105.33 yen late Thursday in Asia. The euro slid to $1.0916 from $1.0945. ___ Follow Yuri Kageyama on Twitter at https://twitter.com/yurikageyama Her work can be found at http://bigstory.ap.org/content/yuri-kageyama