Asian equities drift lower as investors await U.S. inflation and jobs data

Asian stocks slip as markets await U.S. inflation and jobs data, weighing on tech and discretionary sectors amid Fed uncertainty.

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Asian equities drift lower as investors await U.S. inflation and jobs data

Asian equities drift lower as investors await U.S. inflation and jobs data
Asian markets opened cautiously as investors positioned ahead of critical U.S. inflation and payroll data due this week. Regional indices saw softening in growth-sensitive sectors such as technology and discretionary stocks, while energy names reacted to softer crude prices. 
Traders cited uncertainty about the timing of Fed cuts and the durability of AI-led earnings upgrades. Local currency moves and FII flow signals will be watched closely to gauge if the risk-off mood broadens.
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  • asia