Japan -0.16%.
China -0.44%.
Hong Kong -0.89%.
Australia -0.86%.
India -0.25%.
Overnight on Wall Street, the major stock indexes closed near low levels for the day. The declines were led by the NASDAQ index which fell -1.78%. The Dow Industrial Average fell -431.20 points or -1.26% at 33696.86; S&P fell -57.19 points or -1.38% at 4090.42; NASDAQ index fell -214.75 points or -1.78% at 11855.84.
Singapore Non-oil Domestic Exports (NODX) for January +0.9% m/m (expected -1.2%).
ANZ forecast the RBA cash rate to a peak 4.1%, up from the previous forecast 3.85%.
Thailand’s gross domestic product for the whole of 2022 grew 2.6%, higher than the 1.6% recorded in 2021. Fourth quarter GDP growth came in at 1.4% on an annualized basis, down from 4.5% the same period a year ago.
Oil prices slid on Friday and were on track for weekly losses as strong U.S. economic data heightened concern that the Federal Reserve will continue tight monetary policy to tackle inflation, which could hit fuel demand even as crude stockpiles grow.
Brent crude futures dropped 49 cents, or 0.6%, to $84.65 per barrel by 0105 GMT, while U.S. West Texas Intermediate (WTI) crude futures shed 46 cents, also a 0.6% loss, to $78.03. Both benchmarks were headed for a weekly decline of about 2%.
Gold prices dipped on Friday and were set for a third straight weekly drop, as investors fretted about more rate hikes by the U.S. Federal Reserve after a slew of strong economic data.
Spot gold was down 0.6% at $1,827.09 per ounce, as of 0548 GMT, after earlier falling to its lowest since early January. Bullion has fallen about 2% so far this week. U.S. gold futures slipped 0.9% to $1,835.70.
Spot silver lost 0.7% to $21.45 per ounce, platinum was 0.4% lower at $916.93 and palladium shed 1.3% to $1,491.38.
US futures mostly higher. Dow Jones -0.36%; S&P 500 -0.56%; Nasdaq -0.76%.
