BANGKOK, Oct 7 (Reuters) – Tokyo rubber futures rose 2.6 percent on Friday as firmness in stock markets and oil prices spurred buying, while easing concerns about Europe’s debt crisis provided additional support, dealers said.
* Chinese markets are closed for a week-long national holiday.
* Oil prices jumped nearly 3 percent on Thursday, gaining for a second straight day as Europe moved closer to pumping aid to the region’s troubled banks and U.S. jobless benefit claims rose less than expected last week.
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* The Nikkei stock average climbed on Friday on hopes that a plan to support Europe’s financial sector is making progress, but gains will be limited ahead of a U.S. non-farm payrolls report later in the day.
* U.S. stocks rose for a third day in a row on Thursday as developing euro zone plans to backstop European banks gave investors hope the threat of a financial crisis was waning.
* Japanese automaker Nissan Motor Co, Ltd said it would invest 2.6 billion reais ($1.42 billion) to build a new factory in Brazil as it aims to triple its market share in Latin America’s largest economy by 2016.
* The following data is expected on Friday
- N/A – Bank of Japan ends a two-day monetary meeting.
- N/A – Japan cabinet meeting followed by news conference.
- 0330 – Japan BOJ rate decision.
- 1000 – Germany Industrial output
- 1230 – U.S. Non-farm payrolls
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