Traders in Asia will also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People's Bank of China.

During Pope Francis' four-country visit to Asia and Oceania, world leaders were eager to echo the pontiff's focus on combating climate change, calling for commitments to greater global action.

Asia-Pacific markets on Friday were mostly higher, with Japan's Nikkei 225 leading the gains after Wall Street soared overnight following the Federal Reserve’s outsized rate cut. Market participants also reacted to PBOC rates holding despite the Fed Cut,