Southeast Asia stocks slip ahead of US jobs data

Southeast Asian stock markets fell on Friday as traders remained on edge ahead of a key US jobs report that could signal the timing of the next Federal Reserve rate hike.

Strong US jobs numbers can fuel the expectations of a Fed rate hike in December and ripple through markets.

The International Monetary Fund warned on Thursday that a disorderly reaction to possible US interest rate hikes could disrupt capital flows and heighten asset price volatility in Asia.

Asian shares dropped with MSCI's broadest index of Asia-Pacific shares outside Japan losing around 0.4%. 

Several US economic indicators paint the picture of the economy being on a firmer footing, said Grace Aller of AP Securities, adding Fed officials are running out of reasons to further delay rate hikes.

Philippine shares posted their second straight weekly loss, with telecom stocks leading the decline.

"Duterte's antics is probably getting on to the nerves of investors", said Mikey Macainag of Sunsecurities in Manila.

"Everybody wants to be aligned with the US but unfortunately our government is saying that we don't really need them. Let's see what happens after the (US) elections".

Tensions on the political front rose after the Philippine defence minister said the military could manage without US aid.

Singapore shares slipped, sparked by a sell-off in telecom and consumer services stocks, while Vietnam shed more than 1% during the session.

Malyasian shares closed almost flat, but gained 0.8% on the week.