Nikkei Index May Rise on Weaker Yen

Deep News01-09

Japanese stocks are poised for gains, buoyed by a softer yen and indications of a robust U.S. economy. Nikkei index futures on the Singapore Exchange advanced 0.5% to 51,530 points. The U.S. dollar was quoted at 156.90 yen, compared to 156.57 yen at the close of Thursday's Tokyo trading session.

Investors are monitoring persistent geopolitical tensions and awaiting U.S. employment data scheduled for release later today. The Nikkei Index declined 1.6% on Thursday, closing at 51,117.26 points.

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