The
yen held last week��s losses versus the dollar after data on U.S
employment and Chinese exports bolstered the outlook for the global
economy. Platinum rose after Asian index futures paced gains in U.S.
stocks.
Japan��s
currency lost 0.1 percent to 102.62 per dollar by 7:33 a.m. in Tokyo
after slipping 0.7 percent last week. Standard & Poor��s 500 Index
futures were little changed, following the gauge��s 0.5 percent jump to
another record June 6. Copper futures added 0.1 percent to $3.0545 a
pound and platinum gained 0.2 percent. Nikkei 225 Stock Average futures
added 0.5 percent to 15,170 in Osaka June 7, as futures on indexes in
Korea and Hong Kong gained at least 0.2 percent.
Global
stocks extended gains June 6 to a more than six-year high as nonfarm
payrolls rose by 217,000 workers in May, exceeding the 215,000 increase
projected by analysts and marking a fourth month of gains above 200,000,
the first time that��s occurred since early 2000. Chinese exports rose a
more-than-estimated 7 percent last month, while imports fell, data
yesterday showed. Japan finalizes first-quarter economic growth figures
today and Taiwan reports May trade numbers.
Source : Bloomberg
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