Mood was generally upbeat after US November payrolls showed enough of a recovery to assuage concerns of a slowdown
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 per cent in part due to a 1.7 per cent drop in South Korea's KOSPI
The S&P 500, Nasdaq and Dow all notched record highs overnight and bitcoin, at times a barometer of the mood, was back within a whisker of $100,000
Pre-market update: Asian shares traded with steady gains on Thursday; Back home the weekly Nifty expiry and upcoming RBI policy outcome to weigh on investor sentiment today.
The benchmark KOSPI index was down nearly 2 per cent, taking its year-to-date losses to over 7 per cent
Bond yields have soared since Donald Trump was elected back to the White House last week on expectations lower taxes
Investors anticipate Trump's second four-year term in office will bring equities-boosting tax cuts and looser regulations
Crude ticked up slightly following its plunge on Monday on signs the war in the Middle East would not widen
Asian stocks were mostly higher Friday aside from in Japan, where investors were awaiting the outcome of an election on Sunday. US futures fell and oil prices rose. Japanese Prime Minister Shigeru Ishiba, who took office just weeks ago, called the snap general election to drum up support as the ruling Liberal Democrats grapple with a political funding scandal. Recent upheavals have added to uncertainty for markets, complicating the Bank of Japan's efforts to shift away from long-standing near-zero interest rates. Core inflation in Japan's capital was 1.8% in October, lower than the central bank's 2% target for the first time in five months, the government reported. That reinforced expectations that the central bank will keep its key interest rate unchanged at a policy meeting next week. Tokyo's Nikkei 225 index lost 1% to 37,771.79, while the Japanese yen rose against the U.S. dollar. Early Friday, the dollar was trading at 151.64 yen, down from 151.89 yen. Hong Kong's Hang Seng a
Around 20 companies from Asia Pacific are listing shares next week in deals that may raise as much as $8.3 billion
US currency was also supported by recent market contemplation of a potential election victory for Donald Trump
Global bonds rallied after a surprisingly large drop in British inflation and as the European Central Bank is expected to announce its first back-to-back rate cut in 13 years
China's CSI300 blue-chip index surged 10 per cent in early trade to its highest level since July 2022, while Shanghai Composite Index jumped roughly same amount to its highest mark since December 2021
Oil prices were steady and gold traded just below a record high touched last week as investors awaited US labour data
The week is packed with major US economic data including a payrolls report that could decide whether the Federal Reserve delivers another outsized rate cut in November
China's central bank surprised many by lowering its 14-day repo rate by 10 basis points
With more easing to come, investors are wagering on continued US economic growth
Extended holidays in China and South Korea made for thin trading conditions
Oil prices were steady in early trading after dropping in the previous sessions on weak demand and supply woes
The dollar was hanging on to gains made on Friday after upbeat spending figures led markets to trim the chance of a half-point easing from the Federal Reserve