TOKYO, Aug 30 (Reuters) - Key TOCOM rubber futures droppedfor a third session on Friday as geopolitical tensions in Syriacontinued to fester.
* The key Tokyo Commodity Exchange rubber contract forFebruary delivery was down 0.8 yen, or 0.29percent, at 271.2 yen as of 0052 GMT, after ending lower onThursday.
* Worries that conflict in Syria would sap confidence in theglobal economy persisted, although the British parliament onThursday rejected a motion supporting military action againstPresident Bashar al-Assad.
* The U.S. economy accelerated sharply in the second quarterthanks to a surge in exports, bolstering the case for theFederal Reserve to wind down a major economic stimulusprogramme.
* Japan's core consumer inflation rate accelerated to itshighest in nearly five years in July and factory outputrebounded smartly, suggesting that government and central bankefforts to end deflation are making some progress.
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* U.S. crude fell more than $2 a barrel to below $107 onFriday as fears over disruptions to supply from the Middle Easteased slightly.
* The dollar greeted the Asian session on Friday at itshighest in nearly four weeks against a basket of majorcurrencies, having posted a strong rally thanks to month-enddemand and upbeat U.S. economic data. It rose to 98.37 yen from Thursday's low of 97.45.
* Japan's Nikkei share average rose for a second dayon Friday as the U.S. data propped up Wall Street overnight.
* The following data is expected on Friday: (Time in GMT)
- 0500 Japan Construction orders
- 0600 Germany Retail sales
- 0800 Italy Unemployment rate
- 0900 Euro zone Business climate
- 0900 Euro zone Economic sentiment
- 0900 Euro zone Inflation
- 0900 Euro zone Unemployment rate
- 1200 India Q2 GDP quarterly
- 1230 U.S.
- 1345 U.S.
Chicago PMI (Reporting by Yuka Obayashi; Editing by Joseph Radford)
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