Asia stocks pare gains as investors await U.S. jobs data

12/2, 6:49 AM (Source: TeleTrader.com)

Markets in Asia lost some of their recent gains and traded lower on Friday, as the dollar’s strength pauses and investors await U.S. jobs data, due to be released later today.

Japan’s Nikkei 225 shed 0.77% at 6:18 a.m. CET, dragged by a rally of the Japanese currency. The greenback lost 0.02% against the yen, trading for ¥114.01 at 6:40 a.m. CET. The dollar index was down 0.15%, to 100.79 at the same time.

Chinese Shanghai Composite Index and the Shenzhen Composite Index were 1.09% down and 1.49%, at 6:40 a.m. CET, respectively. Hong Kong’s Hang Seng fell 1.15% at 6:43 a.m. CET.

South Korea’s Kospi composite index retreated 0.73% at 6:24 a.m. CET.

Australian S&P/ASX 200 closed 1.02% in the red.

Teletrader Newsroom / RV