Most Asian markets lost ground on Friday as traders await the U.S. nonfarm payrolls data later and after drops in commodity prices overnight.
The S&P/ASX 200 ended down 0.68 percent, or 39.77 points, at 5836.60, as declines in resources shares were partially offset by Macquarie's 3.23 percent jump after the bank's full-year profit beat expectations.
Hong Kong's Hang Seng Index ended down 0.84 percent, or 207.53 points, at 24,476.35. On the mainland, the Shanghai Composite shed 0.77 percent, or 24.01 points, to end at 3103.36, and the Shenzhen Composite lost 1.24 percent, or 23.57 points, to close at 1872.79.
Markets in Japan and South Korea were closed for the Children's Day holiday.
In U.S. trade, commodities continued their recent tumble.
"Commodities slumped across the board as the market loses faith with the oil supply cuts drawing down inventories. An apparent financial tightening in China exacerbated the bearishness in the market," ANZ said in a note early Friday.
In Asia trade, oil prices erased early gains to extend losses. U.S. light crude futures dropped 1.82 percent to $44.69 a barrel by 2:35 p.m. HK/SIN, after trading as low as $43.76.
Brent was down 1.45 percent at $47.68 a barrel at 2:36 p.m. HK/SIN, after falling as low as $46.64 earlier.
Tapas Strickland, an economist at National Australia Bank, said in an early Friday note that oil prices had fallen below levels before OPEC instituted a production ceiling.
"In the words of ABBA, it seems U.S. shale oil production is presenting a Waterloo moment for OPEC," Strickland said.