Nikkei share average dropped in early trade on Friday on a lack of fresh incentives to buy, but the index is still on course to mark its biggest weekly gain since February following a four-day rally spurred by hopes for global stimulus.
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Friday, 10 August 2012
OIL
Oil futures rose on Thursday, with Brent gaining for the fifth straight session, lifted by stronger-than-expected economic data from the United States, a lower outlook for North Sea Brent production and persistent hopes for economic stimulus.
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SHANGHAI COPPER
The most active November copper contract on the Shanghai Futures Exchange fell 0.2 percent to 55,030 yuan ($8,700) .
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LME COPPER
Three-month copper on the London Metal Exchange had inched up 0.1 percent to $7,541 per tone.
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COPPER
Copper edged higher on Friday in thin trade as investors held on to cautious optimism while waiting For concrete signs of stimulus policies they have been expecting from major economies.
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GOLD
Gold inched down in thin trade on Friday after rising slightly in the previous session, but investors were still hopeful that main consumer China could move to stimulate growth after factory activity slowed unexpectedly in July.
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