Asia-Pacific markets set to trade mixed ahead of US jobs report

SINGAPORE – Futures in Asia-Pacific pointed to a mixed openness on Friday as investors expect the release of US jobs data for June.

The Nikkei futures contract in Chicago was at 26,670, while its counterpart in Osaka was at 26,620. Compared to Nikkei 225’s Closed at 26,490.53.

In Australia, SPI futures stood at 6,603, lower than S&P/ASX 200Last closed at 6,648.

The US Bureau of Labor Statistics is set to report its non-farm payroll data on Friday. Economists expect 250,000 job gains for June, According to a Dow Jones survey. This would be less than the 390,000 jobs added in May.

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

In the US, the major indices rose overnight.

The Dow Jones Industrial Average ended up 346.87 points, or nearly 1.12%, at 31,384.55. The S&P 500 rose 1.5% to 3,902.62, while the Nasdaq Composite gained 2.28% to 11,621.35.

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

currencies

US Dollar IndexThe greenback, who tracks against a basket of his teammates, was at 107.130 after going strong earlier this week.

Japanese yen traded at 135.98 per dollar, and Australian Dollar After falling after the Reserve Bank of Australia’s decision to raise rates on Tuesday was at $0.6841.