Asian Equities Open Mixed

Asian equity markets appear set for a mixed open on Friday following an uninspiring lead from Wall Street amid lower oil prices and as traders await a raft of data from Japan.

The world’s third-largest economy will hand in key economic indicators including household spending, jobless numbers, retail sales and industrial production for January before market opens, but attention will like fall on the closely-watched inflation figures.

Australia’s S&P ASX 200 index slipped 0.3 percent in early trade, with energy producers down due to lower oil prices overnight. Oil Search and Woodside Petroleum opened down 0.9 and 0.7 percent each, while Santos edged down 0.3 percent.


This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.