A man pushes a trolley across a street in the Kowloon district of Hong Kong on November 22, 2022.
Isaac Lawrence | Afp | Getty Images
Asia-Pacific markets are set to fall on Friday ahead of key economic data from Japan, Australia and Hong Kong.
Japan’s will release its core and headline inflation print for March, with its core inflation expected to hold steady at an unchanged rate of at 3.1%.
The Nikkei futures contract in Chicago was at 28,610, while its counterpart in Osaka was at 28,600 against the Nikkei 225’s last close at 28,657.57.
In Australia, futures for the S&P/ASX 200 stood at 7,339, compared to the index’s last close of 7,362.2.
Japan and Australia will release flash estimates for April purchasing managers index later today.
Futures tied to Hong Kong’s Hang Seng index pointed to a lower open for the market, standing at 20,274 compared to the index’s last close of 20,396.97. Hong Kong will also release its inflation data for March, which is expected come in at 1.8%.
Overnight in the U.S., all three major indexes fell as investors assessed a mixed bag of corporate earnings, including disappointing results from Tesla.
The Nasdaq Composite slipped 0.8%, while the Dow Jones Industrial Average lost 0.33%. The broad-based S&P 500 dropped 0.6%.
— CNBC’s Tanaya Macheel contributed to this report
