Japanese
stock-index futures jumped after the Standard & Poor™s 500 Index
rebounded from the worst weekly loss in two years on
better-than-estimated retail sales and earnings from Citigroup Inc.
Nikkei
225 Stock Average futures were indicated higher in Osaka as of 8:12
a.m. in Tokyo after rising 0.9 percent overnight. Futures on the S&P
500 were little changed after the U.S. benchmark rebounded 0.8 percent
yesterday. The yen was little changed against the dollar. Palladium
futures slipped 0.2 percent in light trade after the metal advanced to
the highest since August 2011 amid concern that violence in eastern
Ukraine may lead to supply problems from Russia, the biggest producer.
China
is due to release lending and money supply figures today before
economic growth and industrial-production data tomorrow. Federal Reserve
Chair Janet Yellen and Atlanta Fed President Dennis Lockhart will
address a financial markets conference as manufacturing and inflation
reports are released. Citigroup, the third-biggest U.S. bank, reported
an unexpected profit increase in the first quarter, while retail sales
increased in March by the most since September 2012.
Copy Source : Bloomberg
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