Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from global markets overnight, as traders continue to be concerned about the outlook for interest rates and the impact higher rates will have on the economy. A continued rebound by US treasury yields also weighed on the markets. Asian markets ended mixed on Thursday.
Traders are also cautiously looking ahead to the release of the US Labor Department's closely watched monthly employment report later in the day, which will provide clues about the US Fed's future monetary policy moves.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.