The Australian market looks set to open slightly lower following up and down sessions on major overseas markets after Chinese data surprised and the European Central kept its record low interest rates unchanged.
At 0700 AEDT on Friday, the share price futures index was down six points at 55,745.
In the US overnight, Wall Street slipped with another drop in oil prices weighed on energy shares and financials pared some of their gains.
Locally, in economic news on Friday, the Australian Bureau of Statistics releases January's housing finance data.
No major equities news is expected.
The Australian market on Thursday lost ground for a second straight day as investors dumped resource and energy stocks following a drop in iron ore and oil prices..
The benchmark S&P/ASX200 index fell 18.5 points, or 0.32 per cent, to 5,741 points, while the broader All Ordinaries index lost 19 points, or 0.33 per cent, to 5,780.5 points..
Meanwhile, the Australian dollar is fractionally lower against its US counterpart.
The local currency was trading at 75.05 US cents at 0700 AEDT on Friday, from 75.08 on Thursday.
CURRENCY SNAPSHOT AT 0700 AEDT:
One Australian dollar buys:
* 75.05 US cents, from 75.08 on Thursday
* 86.12 Japanese yen, from 85.99 yen
* 70.87 euro cents, from 71.28 cents
* 61.63 British pence, from 61.75 pence
* 108.81 New Zealand cents, from 108.91 NZ cents
BOND SNAPSHOT AT 0700 AEDT:
* CGS 5.25 per cent March 2019, 1.9051pct, from 1.9050pct
* CGS 4.25pct April 2026, 2.8821pct, from 2.8800pct,
Sydney Futures Exchange prices:
* March 2017 10-year bond futures contract at 97.005 (implying a yield of 2.995pct), from 97.037 (2.963pct) on Thursday
* March 2017 3-year bond futures contract at 97.830 (97.170pct), from 97.845 (2.155pct).
(*Currency closes taken at 1700 AEDT previous local session, bond market closes taken at 1630 AEDT previous local session)