Asian equities were subdued on Friday and the dollar wobbled ahead of the closely watched US jobs report, which could provide clues on the Federal Reserve's monetary policy outlook.
Shanghai shares crept up 0.1 per cent, South Korea's KOSPI shed 0.1 per cent and Australian shares lost 0.7 per cent.
Japan's Nikkei underperformed, dropping 1.2 per cent and headed for its fourth straight day of losses.
"The biggest concern for the Japanese market now is whether the dollar will weaken against the yen further," said Yutaka Miura, a senior technical analyst at Mizuho Securities in Tokyo. "You don't know how US stocks will perform after the jobs data release, so most investors are nervous."
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Shanghai shares crept up 0.1 per cent, South Korea's KOSPI shed 0.1 per cent and Australian shares lost 0.7 per cent.
Japan's Nikkei underperformed, dropping 1.2 per cent and headed for its fourth straight day of losses.
"The biggest concern for the Japanese market now is whether the dollar will weaken against the yen further," said Yutaka Miura, a senior technical analyst at Mizuho Securities in Tokyo. "You don't know how US stocks will perform after the jobs data release, so most investors are nervous."
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my

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