In currency trading, the dollar pulled back 0.3 percent to 111.485 yen on Friday, but was set to end the week up 0.25 percent.
The
dollar index, which tracks the greenback against a basket of six major
peers, was flat to stand poised for a 0.1 percent gain for the week.
U.S. unemployment data that showed a tightening labor market was offset by a widening goods trade deficit in April and news of declining inventories, prompting analysts to pare their second-quarter economic growth estimates.
The euro retreated almost 0.1 percent to $1.1202. Japan's Nikkei lost 0.6 percent, narrowing its weekly increase to 0.5 percent. Australia's benchmark fell 0.65 percent, poised for a 0.4 percent weekly rise.
MSCI's broadest index of Asia-Pacific shares outside Japan, which closed at a two-year high on Thursday, fell 0.2 percent, shrinking its weekly gain to 1.45 percent.
China's CSI 300 slid 0.2 percent, heading for a 2.2 percent increase for the week. Hong Kong's Hang Seng was flat, on track for a weekly gain of 1.8 percent.
Overnight on Wall Street, the S&P 500 and the Nasdaq closed at record highs after strong earnings reports from retailers.
The strong performance helped lift MSCI's global stocks index to a record close overnight, but they pulled back 0.1 percent on Friday.
The weaker dollar and pullback in risk appetite was a boon for gold. Spot gold rose 0.2 percent to $1,258.29 an ounce, poised for a 0.3 percent gain for the week.
U.S. unemployment data that showed a tightening labor market was offset by a widening goods trade deficit in April and news of declining inventories, prompting analysts to pare their second-quarter economic growth estimates.
The euro retreated almost 0.1 percent to $1.1202. Japan's Nikkei lost 0.6 percent, narrowing its weekly increase to 0.5 percent. Australia's benchmark fell 0.65 percent, poised for a 0.4 percent weekly rise.
MSCI's broadest index of Asia-Pacific shares outside Japan, which closed at a two-year high on Thursday, fell 0.2 percent, shrinking its weekly gain to 1.45 percent.
China's CSI 300 slid 0.2 percent, heading for a 2.2 percent increase for the week. Hong Kong's Hang Seng was flat, on track for a weekly gain of 1.8 percent.
Overnight on Wall Street, the S&P 500 and the Nasdaq closed at record highs after strong earnings reports from retailers.
The strong performance helped lift MSCI's global stocks index to a record close overnight, but they pulled back 0.1 percent on Friday.
The weaker dollar and pullback in risk appetite was a boon for gold. Spot gold rose 0.2 percent to $1,258.29 an ounce, poised for a 0.3 percent gain for the week.
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