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Equities fell on Friday in Asia as the region’s markets took their cues from an underwhelming session on Wall Street, while currencies pared earlier rises amid mixed signals on the future of Nafta.
In Sydney, the S&P/ASX 200 was off 0.1 per cent, with gains of 1.9 per cent from the information technology segment offset in part by a 0.5 per cent drop in materials. Tokyo’s Topix index shed 0.3 per cent as financial stocks suffered a 1.7 per cent drop, and the Hang Seng index was down 0.5 per cent in Hong Kong as segments lost across the board.
Futures tip the FTSE 100 to open up 0.1 per cent in London and the S&P 500 is set to climb the same amount when trading starts in New York.
Corporate earnings reports out today include UBS, Sanofi, Luxxotica, RBS, Barclays, Laird, Bank of Ireland and Rotork.
The economic calendar for Friday is all about those topline figures (all times London):
- 06.30: France Q1 GDP
- 07.45: France consumer and producer price indices, consumer spending
- 08.00: Spain Q1 GDP
- 08.00: Switzerland Kof leading indicator
- 09.30: UK Q1 GDP, BBA mortgage approvals
- 10.00: Italy consumer price index
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