
TOKYO, Dec 11 (Reuters) -
Japanese rubber futures eased on Thursday, snapping a four-day rally as a stronger yen against the U.S. dollar prompted some selling, while traders booked profits after the U.S. Federal Reserve cut interest rates as expected.
The Osaka Exchange (OSE) rubber contract for May delivery JRUc6, 0#2JRU: finished 0.8 yen, or 0.2%, lower at 329.6 yen ($2.1) per kg, reversing course after earlier gains.
The rubber contract on the Shanghai Futures Exchange (SHFE) for May delivery SNRv1 fell 5 yuan to settle at 15,185 yuan ($2,151) per metric ton.
The yen JPY= was at 155.98 against the U.S. dollar, compared with 156.69 yen in late Wednesday Asia trade.
A stronger currency makes yen-denominated assets less affordable to overseas buyers. FRX/
Also weighing on the rubber market, Japan's Nikkei share average .N225 fell 0.9% on Thursday. .T
A sharply divided Fed cut interest rates on Wednesday but signalled borrowing costs are unlikely to drop further in the near term as it awaits clarity on the direction of a job market showing signs of softening, inflation that "remains somewhat elevated" and an economy it sees picking up steam next year.
A Fed rate cut boosted hopes for stronger rubber demand by supporting consumption.
The World Bank on Thursday said China's economy held firm in the third quarter of 2025, bringing year-to-date GDP growth to 5.2% year on year.
Oil prices slid on Thursday as investors shifted focus back to Russia-Ukraine peace talks and monitored potential fallout from a U.S. seizure of a sanctioned tanker off the coast of Venezuela. O/R
The front-month rubber contract on Singapore Exchange's SICOM platform for January delivery STFc1 last traded at 172.3 U.S. cents per kg, down 0.1%.
($1 = 155.9700 yen)
($1 = 7.0580 Chinese yuan renminbi)