Nikkei 225 futures rebounded on the 2nd at the Chicago Mercantile Exchange. The December contract ended trading at ¥69,910, up ¥1,390 from the previous day, as buying flowed into Nikkei futures against the backdrop of a stronger US equity market after the September US employment report came in below market expectations.
On the 2nd, Nikkei 225 futures on the Chicago Mercantile Exchange (CME) ended higher. The December contract was at ¥69,910, up ¥1,390 from the previous day.
The September US employment report released on the 2nd was weaker than market expectations, prompting the view that expectations for an early rate hike by the Federal Reserve (FRB) had receded. US equities rose against this backdrop, attracting buying in Nikkei 225 futures as well.