The Nikkei is predicted to decline by 3.5% at the opening of the Asia-Pacific markets, following the weak U.S. jobs report.

• Economists anticipate Japan's economy to expand by 0.8% in the second quarter, according to polls conducted by Reuters. Traders in Asia will closely monitor this revised GDP data.
• In August, China's inflation rate is predicted to increase by 0.2% compared to July's rate of 0.5%.

The U.S. jobs report's weaker-than-expected outcome has caused Wall Street to experience losses, which will be reflected in lower openings in Asia-Pacific markets on Monday.

While U.S. nonfarm payrolls increased by 142,000, falling short of the 161,000 gain predicted by economists surveyed by Dow Jones, the unemployment rate decreased to 4.2%, in line with expectations.

Traders in Asia will also monitor Japan's revised GDP figure for the second quarter and China's consumer price index report coming Monday. According to Reuters, economists predict that Japan's economy will grow by 0.8% compared to the previous quarter and 3.2% on an annualized basis.

In August, China's inflation rate is predicted to increase by 0.2% compared to July's rate of 0.5%.

The S&P/ASX 200 for Australia was at 7,883, which was below its previous closing price of 8,013.4.

The futures market in Japan is predicted to have a softer opening, with the Chicago and Osaka futures contracts at 35,240 and 35,150, respectively, compared to the previous close of 36,391.47. According to the Osaka futures level, the Nikkei is expected to decline by 3.5% at the start of trading.

The HSI's last close was higher than Hong Kong futures, which were at 17,443.

Since March 2023, the S&P 500 had its worst week, while the Nasdaq Composite experienced its worst week since March 2022.

On Friday, the broad index dropped 1.73%, the Nasdaq fell 2.55%, and the Dow Jones Industrial Average decreased by 1.01%.

—CNBC's Samantha Subin and Pia Singh contributed to this report.