Japanese index futures rose as Australian and New Zealand debt followed U.S. Treasuries lower. The euro maintained its rebound before tomorrow��s European Central Bank meeting, while crude oil climbed a second day.
Nikkei 225 Stock Average futures rose 0.2 percent to 15,060 in the Osaka pre-market with the yen near a one-month low, after contracts on Australia��s index also added 0.2 percent. Standard & Poor��s 500 Index futures were little changed by 8:39 a.m. in Tokyo, after the U.S. gauge fell less than 0.1 percent. Australian and New Zealand 10-year yields advanced six basis points, while the euro was steady at $1.3621. Oil in New York rose 0.2 percent on the outlook for U.S. stockpiles.
Updates on economic growth, producer prices and services in the 18-nation euro region are due today, with investors assessing inflation data to gauge whether the ECB will ease monetary policy this week. Australia is projected to post faster growth for the first quarter, while services 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