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Asian Futures Look Beyond U.S. Losses as Yen, Oil Nurse Declines
Most Asian index futures shrugged off a retreat in the U.S., signaling gains for the last day of August following a selloff in the yen. The resurgent dollar weighed on crude oil. Futures on stock gauges in Sydney and Hong Kong edged higher, even as a drop in Apple Inc. helped drag the S&P 500 Index down 0.2 percent Tuesday, almost erasing its August advance. Nikkei 225 Stock Average futures climbed in Osaka and Singapore as Japan’s currency traded near its weakest level in a month versus the dollar. U.S. crude fell for a third session, ahead of government data expected to show American oil stockpiles rose last ... (full story)