Semiconductor stocks in Asia could see a boost on Friday, after the VanEck Vectors Semiconductor ETF (SMH) jumped 3% overnight stateside.
Asia markets were set to trade mixed Friday as investors await U.S. nonfarm payrolls numbers due later in the trading day.
Futures pointed to a higher open for Japanese stocks, with the Nikkei futures contract in Chicago at 21,160 and its Osaka counterpart at 21,130. TheShares in Australia were set to decline, with the SPI futures contract at 6,610.0, as compared to theOn the data front, the U.S. government's monthly nonfarm payrolls data is due later on Friday, where investors will look for signs about the health of the U.S. economy. Private payrolls in the U.S.
"We forecast US non‑farm payrolls gains of 150k in August in today's labour market report, but there now appear upside risks to the number," Richard Grace, chief currency strategist and head of international economics at Commonwealth Bank of Australia, wrote in a morning note.
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