* Japanese rubber futures hit a more than one-week high on
Friday
tracking strength in Asian markets, as traders held onto hopes
of easing global inflationary pressures and hints that U.S.
interest rate hikes were coming to an end.
* The Osaka Exchange (OSE) rubber contract for September
delivery was up 3.3 yen, or 1.6%, at 209.8 yen ($1.58)
per kg as of 0221 GMT.
* For the week, the benchmark OSE contract rose about 2.5%.
* The rubber contract on the Shanghai futures exchange
(SHFE) for
September delivery was up 60 yuan, or 0.5%, at 11,760
yuan ($1,717.42) per tonne.
* Japan's benchmark Nikkei average opened up 0.58%.
* Minutes from the U.S. Federal Reserve's policy meeting
last
month showed officials forecasting that the banking sector
stress would tip the economy into recession.
* On Thursday, International Monetary Fund Managing Director
Kristalina Georgieva said that the global economy has proven
remarkably resilient to multiple shocks, but has yet to overcome
a combination of weak growth and sticky inflation.
* Despite broad warnings about the economic risks, global
monetary
policymakers are keeping their focus squarely on inflation and
the need to continue raising interest rates to tame it.
* An unexpected surge in March Chinese exports, jumping
14.8% from
a year earlier, added to hopes that global inflationary pressure
was waning.
* Asian shares firmed on Friday as Singapore became the
latest
country to pause its policy tightening and markets became more
confident the likely next Fed rate hike would be the last this
cycle.
* The front-month rubber contract on Singapore Exchange's
SICOM
platform for May delivery last traded at 135.6 U.S.
cents per kg, up 1.0%.
($1 = 132.3700 yen)
($1 = 6.8475 yuan)
(Reporting by Carman Chew; Editing by Rashmi Aich)
SINGAPORE, April 14 (Reuters) -
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