Asian exchanges falls Friday.
Weak macroeconomic data from both Japan and China contributes little to lift the mood, and investors do not like the escalating war of words between Turkey and Russia, after the Turks shot down a Russian fighter earlier this week.
On the Tokyo Stock Exchange Nikkei falls 0.4 percent to 19,871.08, while the broader Topix index pulls down 0.5 percent to 1,594.39.
Without clues from the US, where most revolve around Thanksgiving, investors are cautious, focusing Reuters on profit taking.
Unemployment rate in Japan fell to 3.1 percent in October, the lowest October unemployment since 1995 but even though the labor force increases, fell also private consumption 2.4 percent annually in the same month.
Other figures Friday showing that the CPI in the Tokyo area rose 0.2 percent on an annual basis in November, up from 0.1 percent the month before.
An Asia-list can be found here.
Fearing hard landing in China
In Shanghai draws Shanghai Composite index down the entire 2.6 percent, while large cap index CSI 300 falling 2.6 percent.
Figures from the Chinese government shows Friday that profits in its industry fell 4.6 percent on-year in October , which according to CNBC trigger new concerns for a hard country for the economy.
– This is a long term trend. Although the central bank will continue to cut interest rates, it does not help so much. Consumer behavior changes, says the commander of Kingston Securities, Dickie Wong, to “Asia Squawk Box.”
Tim Condon of ING writes in a note that what is needed to avoid a hard landing is to support production growth and liquidity of banks.
Elsewhere in Asia-Pacific region falls Hang Seng in Hong Kong 1.3 per cent, while the Kospi 200 index in South Korea is down 0.1 percent.
Taiwan Stock Exchange pulls down around percent, while Sydney Stock Exchange falling 0.2 percent.
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