Nikada
Japan (NKY:IND) +0.23%.The gauge for Japan’s service sector rose to 51.3 in February 2024 from 50.2 in the previous month.
Japan January leading indicator index 109.9 vs 110.5 prior.
Japan data – January Household Spending -6.3% y/y (expected -4.1%).
The index of coincident economic indicators in Japan, which covers a range of data, such as factory output, employment, and retail sales, dropped to 110.2 in January 2024 from a marginally revised 116.0 in the prior month, flash data showed.
China (SHCOMP) +0.61%.
Hong Kong (HSI) +1.19%.
India (SENSEX) market closed.
Australia (AS51) +1.07%.
In the U.S. on Thursday, all three major indexes ended higher for the third straight session on Thursday, fueled by tech shares as Fed Chair Jerome Powell finished his two days of testimony.
US Federal Reserve Chair Jerome Powell said in his testimony to the US Senate on Thursday that the central bank is closer to dialing back restrictive policy as inflation moves sustainably lower.
U.S. stock futures held steady on Friday as investors braced for the highly anticipated monthly jobs report: Dow -0.09%; S&P 500 +0.01%; Nasdaq -0.17%.
Investors now look ahead to the highly anticipated February jobs report on Friday for further insights on the US labor market.
Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).