* Japanese rubber futures ended a four-day losing streak on
Monday, tracking a supply-driven boost in the Shanghai market
and a softer yen.
* Osaka Exchange's rubber contract for October delivery finished up 3.6 yen, or 1.7%, at 212.5 yen ($1.57) per
kg, its biggest daily jump since May 1.
* The rubber contract on the Shanghai futures exchange
(SHFE) for
September delivery rose 335 yuan, or 2.8%, to finish at
12,305 yuan ($1,780.21) per tonne; the contract had climbed more
than 3% earlier in the session.
* Japan's benchmark Nikkei average closed 0.81%
higher.
* Rubber inventories in warehouses monitored by SHFE fell 1%
from
a week earlier, the exchange said last Friday.
* China's central bank rolled over maturing medium-term
policy
loans while keeping the interest rate unchanged on Monday, as
expected, but markets expect monetary easing may be inevitable
in the coming months to support the economic recovery.
* The Japanese yen weakened 0.20% against the dollar
to
135.99.
* A weaker yen makes yen-denominated assets more affordable
when
purchased in other currencies.
* Japan's wholesale inflation slowed for a fourth straight
month
in April as rises in raw material costs moderated, data showed
on Monday, suggesting that consumer inflation will begin to ease
back towards the central bank's 2% target.
* Asian stocks were cautiously higher on Monday as investors
braced for the release of China's industrial and retail data,
while awaiting a host of U.S. Federal Reserve officials to speak
to vindicate market pricing of rate cuts this year.
* The front-month rubber contract on Singapore Exchange's
SICOM
platform for June delivery last traded at 137.7 U.S.
cents per kg, up 0.7%.
($1 = 135.0500 yen)
($1 = 6.9121 yuan)
(Reporting by Carman Chew; Editing by Sherry Jacob-Phillips)
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