* Japanese rubber futures snapped a four-session rally in
early
trade on Tuesday, as disappointing Japanese economic data
weighed on investor sentiment, although a strong Shanghai market
capped losses.
* The Osaka Exchange (OSE) rubber contract for October
delivery was down 1.0 yen, or 0.5%, at 212.6 yen
($1.57) per kg as of 0204 GMT, retreating from a more than
one-month high on Monday.
* The rubber contract on the Shanghai futures exchange
(SHFE) for
September delivery was up 145 yuan, or 1.2%, at 12,050
yuan ($1,743.32) per tonne.
* Japan's benchmark Nikkei average opened up 0.24%.
* Japan's consumer spending unexpectedly fell in March at
the
fastest rate in a year, while real wages declined for a 12th
straight month on persistent inflation, highlighting the
challenges facing the economy in mounting a strong post-COVID
revival.
* Finance leaders of the Group of Seven (G7) advanced
economies
will discuss this week ways to strengthen the global financial
system, Japanese Finance Minister Shunichi Suzuki said.
* Oil prices fell in early trade, paring strong gains from
the
previous two sessions as cautious traders awaited April U.S.
inflation figures, which will be key to the Federal Reserve's
next interest rate decision.
* Lower oil prices incentivise manufacturers to shift to
synthetic
rubber derived from oil, pressuring the natural rubber market.
* The front-month rubber contract on Singapore Exchange's
SICOM
platform for June delivery last traded at 139.0 U.S.
cents per kg, down 0.1%.
($1 = 135.0500 yen)
($1 = 6.9121 yuan)
(Reporting by Carman Chew; Editing by Rashmi Aich)
SINGAPORE, May 9 (Reuters) -
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