Asia-Pacific markets opened lower Friday as investors awaited India's interest rate decision, and assessed Japan's household spending data.
Australia's S&P/ASX 200 slipped 0.12%.
Japan's Nikkei 225 fell 0.34% and the Topix traded 0.32% lower. The country's household spending in December rose 2.7% year on year in real terms, sharply beat Reuters' expectations of a 0.2% rise.
South Korea's Kospi shed 0.26%, while the small-cap Kosdaq fell 0.3%.
Hong Kong's Hang Seng index futures were at 20,907, slightly higher than the HSI's last close of 20,891.62.
The Reserve Bank of India is likely to trim the benchmark repo rate by 25 basis points to 6.25%, as it concludes its policy meeting later in the day.
Overnight in the U.S., the three major averages closed higher. The S&P 500 climbed for a third straight session on Thursday as investors weighed the latest batch of corporate earnings.
Source : Bloomberg
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