Asian index futures followed U.S. stocks higher before an update on American employment, while gold held its advance. The euro was near a two-week high after new stimulus measures from the European Central Bank spurred purchases of stocks and bonds in the region.
Nikkei 225 Stock Average futures rose 0.5 percent to 15,140 in the Osaka pre-market, after contracts on indexes in Australia and Hong Kong climbed at least 0.2 percent. Standard & Poor��s 500 Index futures were little changed by 8:13 a.m. in Tokyo, after the gauge jumped 0.7 percent to a record and Treasuries rebounded. Gold was near the highest price in a week. The euro was steady at $1.3661 after recovering from a 0.7 percent slump yesterday to end the session up 0.5 percent.
Intent on warding off deflation and preserving growth, the ECB became the first major central bank to use negative deposit rates to spur consumption, also offering liquidity to banks to encourage lending. The unprecedented easing puts Europe at odds with the Federal Reserve, which is winding down its record stimulus amid an improving economy. Analysts predict 215,000 workers were added to nonfarm payrolls in the U.S. in May, after the biggest increase since the start of 2012 for April.
Source : Bloomberg