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

An attempted coup is underway in Madagascar, the country’s president says
World

An attempted coup is underway in Madagascar, the country’s president says

Protesters cheer atop Madagascar military vehicle during a nationwide youth-led protest over frequent power outages and water shortages, in Antananarivo., Madagascar, on Oct 11, 2025. Zo Andrianjafy | Reuters An attempted coup is underway in the Indian Ocean island of Madagascar, the country’s president said on Sunday, a day after members of an elite army […]

Read More
Top Wall Street analysts are bullish on these 3 stocks for the long term
World

Top Wall Street analysts are bullish on these 3 stocks for the long term

The Snowflake Inc logo, the American cloud computing-based data company that offers cloud-based storage and analytics services, is on their pavilion during the Mobile World Congress 2025 in Barcelona, Spain, on March 5, 2025. Joan Cros | Nurphoto | Getty Images Investors are looking beyond the prolonged U.S. government shutdown and remain optimistic about growth […]

Read More
Earnings playbook: Big banks including Goldman Sachs and JPMorgan Chase kick off the season
World

Earnings playbook: Big banks including Goldman Sachs and JPMorgan Chase kick off the season

The latest earnings season is set to kick off in earnest, and the stakes are high. More than 30 S & P 500 companies are slated to release their calendar third-quarter results this week. Among them are Goldman Sachs, JPMorgan Chase and Bank of America. Johnson & Johnson are also on deck. Analysts on average […]

Read More