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STRIVE FOR SOLID FUTURES

Sunday, March 30, 2014

Japan Index Futures Signal Gains as Aussie Stocks Climb

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:55 PM No comments


Japanese and U.S. index futures climbed with Australian shares as the yen maintained declines versus major peers. Crude oil fell from a three-week high.

Nikkei 225 Stock Average futures in the Osaka pre-market were bid 0.7 percent above their March 28 close in Japan, while contracts on the Standard & Poor™s 500 Index added 0.4 percent after the gauge snapped a two-day drop at the end of last week.

Australia™s S&P/ASX 200 Index rose 0.7 percent by 10:55 a.m. in Sydney.

The yen was steady after falling at least 0.6 percent versus the dollar and euro March 28, while Turkey™s lira climbed after local elections. Crude in New York dropped 0.2 percent.

The MSCI Asia Pacific Index is set for its second loss in four quarters with gauges in Japan and Hong Kong declining the most among developed markets.

Federal Reserve Chair Janet Yellen speaks in Chicago today as investors await payrolls data due later in the week to assess the outlook for U.S. interest rates.

Japan posted an unexpected drop in industrial output from January, before data on Chinese manufacturing due tomorrow.

Copy Source : Bloomberg

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