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ASIA STOCKS: Asian Equites Lower Ahead Of Non Farms Later

ASIA STOCKS
EM BulletFixed Income BulletsBulletAPACEmerging Market NewsForeign Exchange BulletsMarkets

Asian equities edged lower on Friday as investors awaited the U.S. nonfarm payrolls report, which could shape expectations for future Fed rate cuts.

  • South Korea's KOSPI opened slightly lower (-0.20%) as investors took profits after three straight days of gains. Large caps like SK hynix (-0.25%) and LG Electronics (-0.50%) declined, while battery and steel stocks such as LG Energy Solution (+0.73%) and POSCO Holdings (+0.62%) advanced.
  • Japan's Nikkei 225 (-0.6%) and Topix (-0.65%) fell as a stronger yen weighed on exporters, with Toyota down 1.4%. Investors remained cautious ahead of U.S. jobs data.
  • Elsewhere, Australian and New Zealand equities also declined, while Hong Kong futures pointed lower. Investors are reassessing their stance on Chinese equities, with some seeing value in consumption-related names amid Beijing’s policy adjustments.

Sentiment remains cautious, with traders closely watching U.S. payroll data for signals on Fed policy, while Asian markets show signs of bottoming despite weak positioning.

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Asian equities edged lower on Friday as investors awaited the U.S. nonfarm payrolls report, which could shape expectations for future Fed rate cuts.

  • South Korea's KOSPI opened slightly lower (-0.20%) as investors took profits after three straight days of gains. Large caps like SK hynix (-0.25%) and LG Electronics (-0.50%) declined, while battery and steel stocks such as LG Energy Solution (+0.73%) and POSCO Holdings (+0.62%) advanced.
  • Japan's Nikkei 225 (-0.6%) and Topix (-0.65%) fell as a stronger yen weighed on exporters, with Toyota down 1.4%. Investors remained cautious ahead of U.S. jobs data.
  • Elsewhere, Australian and New Zealand equities also declined, while Hong Kong futures pointed lower. Investors are reassessing their stance on Chinese equities, with some seeing value in consumption-related names amid Beijing’s policy adjustments.

Sentiment remains cautious, with traders closely watching U.S. payroll data for signals on Fed policy, while Asian markets show signs of bottoming despite weak positioning.