Asian investors are cautious as they approach the end of a turbulent week amid fluctuating global bond yields.
Japanese stocks are expected to open flat, with the Nikkei down approximately 0.7% for the week.
Chinese stocks are holding steady despite a significant drop of over 5% last week, raising concerns among investors.
Financial conditions in China are reported to be the tightest since April, with broader emerging markets experiencing their toughest conditions since last November.
Attention is on key data releases, including Japan's household spending and India's industrial production, which may influence market direction.