Asia-Pacific markets trade higher ahead of U.S. jobs report

Asia-Pacific markets trade higher ahead of U.S. jobs report


SINGAPORE — Asia-Pacific markets opened higher on Friday as investors look ahead to the release of U.S. jobs data for June.

The Nikkei 225 rose 0.54%, while the Topix index gained 0.34%.

Australia’s S&P/ASX 200 advanced 0.51%.

South Korea’s Kospi added 0.91%, while the Kosdaq was 1.03% higher.

The U.S. Bureau of Labor Statistics is set to report its nonfarm payrolls data Friday stateside. Economists expect a gain of 250,000 jobs for June, according to a Dow Jones survey. That would be less than the 390,000 jobs added in May.

Stock picks and investing trends from CNBC Pro:

In company news, SoftBank on Thursday said Rajeev Misra will step down as CEO of SoftBank Global Advisors, but remain in two other positions.

Overnight in the U.S., major indexes rose.

The Dow Jones Industrial Average advanced 346.87 points, or about 1.12%, to close at 31,384.55. The S&P 500 gained 1.5% to 3,902.62, while the Nasdaq Composite added 2.28% to 11,621.35.

European markets rose on Thursday as U.K. Prime Minister Boris Johnson resigned.

Currencies and oil

The U.S. dollar index, which tracks the greenback against a basket of its peers, was last at 107.020 after strengthening earlier this week.

Japan’s yen traded at 135.90 per dollar, the Australian dollar was at $0.6845, trying to rise after falling following the Reserve Bank of Australia’s decision to raise rates on Tuesday.

Oil futures were slightly lower in Asia’s morning trade. U.S. crude was down 0.18% at $102.55 per barrel, while Brent crude slipped 0.23% to $104.41 per barrel.



Source

U.S. seizes vessel off Venezuelan coast: Reuters
World

U.S. seizes vessel off Venezuelan coast: Reuters

Government supporters participate in a protest against U.S. President Donald Trump’s order to blockade sanctioned oil tankers entering and leaving Venezuela, in Caracas, Venezuela December 17, 2025. Leonardo Fernandez Viloria | Reuters The United States is interdicting and seizing a vessel off the coast of Venezuela in international waters, three U.S. officials told Reuters on […]

Read More
Italy’s Telecom Italia wins .2 billion court payout, eyes savings share conversion
World

Italy’s Telecom Italia wins $1.2 billion court payout, eyes savings share conversion

Bloomberg | Bloomberg | Getty Images Telecom Italia (TIM) said Italy’s highest court had ruled in its favor in a long-running concession fee ⁠case, confirming the group is owed just over 1 billion euros ($1.2 billion) to end ‍a dispute that has ‍dragged on for ‍over two decades. In a statement on Saturday, the former […]

Read More
I’ve studied happiness for 15 years: If you do these 9 things every day, you’re more ’emotionally resilient’ than most
World

I’ve studied happiness for 15 years: If you do these 9 things every day, you’re more ’emotionally resilient’ than most

It’s important to build resilience, but how do we actually do it? I’ve spent 15 years researching happiness, and I’ve interviewed thousands of people about what makes it possible for them to thrive. I’ve learned that resilience isn’t something you’re born with. It’s not even about bouncing back, a concept that often does more harm […]

Read More