Nikkei Futures Rise as Fed Rate Hike Expectations Ease
Japanese stocks are poised for gains following a weak U.S. jobs report that has reduced expectations for further Federal Reserve interest rate increases. Nikkei futures were up 1.7% at 69915 on the SGX, and the dollar was trading at 157.77 yen.
S. jobs report eased expectations for the Fed's further rate increases. 7% higher at 69915 on the SGX. 63 as of Friday's Tokyo stock market close.
Investors are focusing on developments i…