TOKYO, Sept 15 (Reuters) – Benchmark TOCOM rubber futures were steady on Thursday after two days of gains, as the market was held back by an extended decline in oil prices and a stronger yen against the dollar.
The Tokyo Commodity Exchange rubber contract for February delivery JRUc6 0#2JRU: eased 0.2 yen to 157.6 yen per kg by 0044 GMT, after settling up 3.9 yen on Wednesday.
Chinese markets are closed on Thursday and Friday for the Mid-Autumn Festival.
The U.S.dollar eased from an eight-day high against the yen on Wednesday after scepticism grew that the Bank of Japan would intensify its stimulative monetary policies next week.
USD/ The U.S. dollar was quoted around 102.48 yen JPY= , compared with around 102.83 yen on Wednesday afternoon.
Japan’s benchmark Nikkei stock average .N225 was down 0.8 percent. MKTS/GLOB
Oil prices fell about 3 percent for a second straight day on Wednesday, after data showing large weekly builds in U.S.petroleum products offset a surprise draw in crude stockpiles.
The following data is expected on Thursday: (Time in GMT)
0830 Britain Retail sales Aug
0900 Euro zone Eurostat trade Jul
0900 Euro zone Inflation final Aug
1100 Bank of England announces interest rate decision
1230 U.S. Current account Q2
1230 U.S. New York Fed manufacturing Sep
1230 U.S. Weekly jobless claims
1230 U.S. Philly Fed business index Sep
1230 U.S. Retail sales Aug
1315 U.S. Industrial output Aug
(Reporting by Osamu Tsukimori; Editing by Ed Davies)