TOKYO, June 19 (Reuters) – Key TOCOM rubber futures weresteady on Thursday, holding near a three-week high after risingfor three out of the previous four sessions, as firm oil pricessupported prices.
* The key Tokyo Commodity Exchange rubber contract forNovember delivery was trading 0.1 yen lower at205.2 yen as of 0007 GMT.
It had earlier hit a high of 205.5 yen, the same intradaypeak as Wednesday, which was the highest since May 28.
* Against the yen, the greenback dipped to 101.85 from a one-week high of 102.38.
* Singapore-listed rubber firm Halcyon Agri Corp Ltd is in talks to buy rubber processing plants inIndonesia from Lee Rubber for S$400 million to S$500 million($320 million -$400 million), three people familiar with thematter said on Wednesday.
TOCOM Rubber Futures Prices on Thursday, June 19, 2014 (yen/kilogram)
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* U.S. stocks rose on Wednesday, with the S&P 500 ending ata record after the Federal Reserve hinted at a slightly fasterpace of interest-rate increases starting next year but suggestedrates in the long run would be lower than it had indicatedpreviously.
* The U.S. dollar wallowed at its lowest in nearly two weeksagainst a basket of major currencies early on Thursday, havingbeat a hasty retreat after the Federal Reserve signalled thatinterest rates will stay low for a while yet.
* Brent crude rose to a nine-month high on Wednesday asinvestors worried about exports from Iraq, while U.S. crudedipped after government numbers showed domestic crudeinventories fell much less than an industry group had reported.
* Japan’s Nikkei share average extended gains on Thursday.
* The following data is expected on Thursday: (Time in GMT)
– 1230 U.S. Weekly jobless claims
– 1400 U.S. Leading index May
– 1400 U.S. Philly Fed business index June (Reporting by Osamu Tsukimori; Editing by Ed Davies)