Australian stocks took a breather early on Friday following choppy trading in the US and Europe sparked by the European Central Bank’s move to inject fresh stimulus into the eurozone economy.

The ASX 200 fell 0.1 per cent in recent action but was poised to end the week with a 1.3 per cent advance.

The tepid trading came in contrast to volatility in US and European bourses on Thursday after the ECB chopped its benchmark interest rate deeper into negative territory and boosted the size and scope of its bond buying programme.

The data calendar is light on the day, with reports due on the Philippines labour market and Malaysian industrial production:

  • 09:00 Philippines unemployment rate
  • 12:00 Malaysia industrial production
  • (All times HKT)

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