Asian shares were cautiously higher on Thursday, while the dollar eased ahead of U.S. non-farm payrolls data, and oil prices gained for a fourth day after deep production cuts pledged by OPEC+ members, APA reports citing Reuters.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4% in early Asia trade, as U.S. futures gained. The index is up 4% this week after faling 13% in September.
Japan's Nikkei stock index climbed 0.7% to its highest level since September, South Korea advanced 1.2% and Australia edged 0.1% higher. Hong Kong's Hang Seng index, on the other hand, fell 0.5%.
S&P 500 futures advanced 0.6%, and the Nasdaq futures gained 0.9%, building on a late rebound in U.S. stocks which helped limit earlier losses. The S&P 500 finished Wednesday 0.20% lower and the Nasdaq Composite ended down 0.25%.
Mainland Chinese markets remain closed for holidays.
S&P 500 futures advanced 0.6%, and the Nasdaq futures gained 0.9%, building on a late rebound in U.S. stocks which helped limit earlier losses. The S&P 500 finished Wednesday 0.20% lower and the Nasdaq Composite ended down 0.25%.
Mainland Chinese markets remain closed for holidays.
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