Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders reacted to mixed US monthly jobs data and are cautious ahead of the release of key US inflation data on Tuesday that could have a more profound impact on the outlook for interest rates.
Adding to the gains in the previous session, the Australian stock market is slightly higher on Friday, following the broadly positive cues from Wall Street overnight.
Asian stock markets are trading mostly lower on Friday, despite the broadly positive cues from Wall Street overnight, as traders react to a slew of economic data from the region.