Most Asian index futures rose as Treasuries extended declines, while the euro maintained its rebound from an almost four-month low before tomorrow��s European Central Bank meeting. New Zealand��s dollar held losses amid sliding dairy prices as crude oil climbed.
Nikkei 225 Stock Average futures added 0.2 percent in Osaka as the yen traded near a one-month low, while contracts on mainland Chinese stocks in Hong Kong rose 0.1 percent. Standard & Poor��s 500 Index futures were little changed as of 7:38 a.m. in Tokyo after the gauge fell less than 0.1 percent in the U.S. The euro was steady at $1.3627 while New Zealand��s currency, known as the kiwi, was near a three-month low. Oil in New York rose a second day before an update on U.S. crude supplies.
With investors assessing inflation data to gauge whether the ECB will ease monetary policy this week, updates on economic growth, producer prices and services for the 18-nation euro region are due today. Australia is projected to post faster growth for the first quarter, while service sector gauges for Japan and India are also scheduled. A private report on the U.S. jobs market is due, before data June 6 expected to show American employers added fewer workers last month than in April.
Source : Bloomberg