Asian index futures signaled a pull back Friday as the recovery in global equities after the third-quarter selloff struggles to gain traction ahead of key U.S. employment data.
Futures on stock gauges in Japan and Australia were lower in recent trading, as European shares resumed losses and equities in the U.S. slid more than 1 percent before ending the Thursday session up 0.2 percent.
Futures on Japan’s Nikkei 225 Stock Average were bid down by 0.5 percent to 17,610 in the Osaka pre-market, after contracts on the broader Topix index slipped 0.8 percent. Yen-denominated futures on the Nikkei 225 traded in Chicago were little changed at 17,630 after rising 0.8 percent in the previous session. Japan updates its jobless rate Friday, along with its monetary base for September.
New Zealand’s S&P/NZX 50 Index, the first major stock gauge to start trading each day in the Asian region, added 0.1 percent following three days of losses. Futures on Australia’s S&P/ASX 200 Index dropped 0.4 percent, while those on the Kospi index in Seoul declined 0.1 percent.
Markets in Hong Kong resume Friday after a holiday, while trading in mainland China doesn’t reopen until next Thursday because of the National Day break. Indian markets are also shut for a holiday Friday.