• Shares in Asia were primed for early gains after an upbeat day on Wall Street following jobs data that supported the case for Federal Reserve rate cuts.
  • Equity futures for Japan, Australia and Hong Kong all rose after the S&P 500 index climbed 0.5% and traded less than 1% away from its all-time high. The Nasdaq 100 index rose 0.2% while US futures were little changed in Asian trading.
  • Australian and New Zealand government bonds edged higher, echoing a Thursday advance for Treasuries, that placed the 10-year yield four basis points lower at 4.45%. A $25 billion sale of 30-year US bonds saw good demand, underscoring investor support for US debt.