Asia-Pacific stocks set for mixed start as investors look ahead to U.S. jobs report

asia pacific stocks investors jobs
Gulf

Asia-Pacific stocks set for mixed start as investors look ahead to U.S. jobs report

SINGAPORE — Asia-Pacific stocks were muted in Friday morning trade as investors look ahead to a closely-watched U.S. jobs report set to be released later. The in Japan nudged fractionally higher while the Topix index gained 0.37%. South Korea's hovered above the flatline. Shares in Australia also rose as the advanced 0.2%. MSCI's broadest index of Asia-Pacific shares outside Japan traded little changed. Investor focus on Friday will likely be on the , set to be out on Friday. Economists expect nonfarm payrolls grew by 706,000 jobs in June and the unemployment rate fell to 5.6% from 5.8%, according to Dow Jones. Overnight stateside, the S&P 500 rose to yet another record close as it gained 0.52% to 4,319.94. The Dow Jones Industrial Average advanced 131.02 points to 34,633.53 while the Nasdaq Composite edged 0.13% higher to 14,522.38. Currencies and oil The , which tracks the greenback against a basket of its peers, was at 92.565 after rising from below 92.1 earlier this week. The traded at 111.58 per dollar, still weaker than levels below 110.8 seen against the greenback earlier in the week. The changed hands at $0.7468 following its slip from above $0.755 earlier in the trading week.

Check the history on the topic
Vote to feature