Asian Equities Start Lower

Asian stocks are headed for modest losses on Friday following the European Central Bank meeting and as traders await the U.S. jobs report.

Australia’s benchmark S&P ASX 200 dipped 0.1 percent in early trade, moving off a one-week closing high hit on Thursday, while the Australian dollar remained below 84 U.S. cents.

Japan’s benchmark index could retreat from seven-and-a-half year highs, with futures in Osaka 0.2 percent lower at 17,840 and Chicago futures down 0.3 percent at 17,865. Both are lower than where the Nikkei ended on Thursday.

CNBC

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