Japanese equities slipped on Friday despite Wall Street's gains, driven by cooling US inflation and anticipation of Federal Reserve rate cuts.
The Nikkei 225 opened 42.84 points lower at 38,324.93.
Investors are awaiting Japan's revised industrial production report for April; the preliminary reading showed a 0.70% increase year-over-year.
Meanwhile, Japanese Prime Minister Shigeru Ishiba believes there's a significant gap in trade talks with the US, and he has no immediate timeline for an agreement, according to Bloomberg News on Thursday.
This comes ahead of his anticipated meeting with US President Donald Trump at the upcoming G7 summit in Canada, where tariffs are expected to be a key discussion point.
Source: MT Newswires
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