Asian equity markets appear set for a mixed open on Friday following an uninspiring lead from Wall Street amid lower oil prices and as traders await a raft of data from Japan.
The world’s third-largest economy will hand in key economic indicators including household spending, jobless numbers, retail sales and industrial production for January before market opens, but attention will like fall on the closely-watched inflation figures.
Australia’s S&P ASX 200 index slipped 0.3 percent in early trade, with energy producers down due to lower oil prices overnight. Oil Search and Woodside Petroleum opened down 0.9 and 0.7 percent each, while Santos edged down 0.3 percent.
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.