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Japanese Equities Slip at Open

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Japanese stocks opened lower on Friday, weighed down by renewed global tensions.

The Nikkei 225 slipped 62 points to 65,746.13.

At home, fresh government data showed Japanese household spending dropped 3.3% annually in June, extending a seven-month decline despite rising nominal wages, as inflation continued to dampen consumer confidence.

Investors are now awaiting U.S. payroll figures, which could influence expectations around Federal Reserve rate policy, while Middle East developments remain a key risk factor.

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