Japanese Stock Futures Rise on Yen, U.S. Jobless Claims
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Japanese stock futures and Australian shares rose as the yen weakened against the dollar, U.S. jobless claims unexpectedly fell and an index of leading economic indicators increased, signaling continued growth in the world’s largest economy.
American Depositary Receipts of Nissan Motor Co., which gets about 80 percent of sales overseas, climbed 2.2 percent as the yen’s weakness boosted the earnings outlook. Karoon Gas Australia Ltd. surged 11 percent in Sydney after the explorer said it discovered gas in Brazil. ResMed Inc. climbed 5.6 percent after earnings at the medical equipment maker topped estimates.