Chinese and U.S. index futures foreshadowed gains and the Australian dollar strengthened amid relief that Monday’s stock losses in Shanghai didn’t ignite a wider selloff in riskier assets. While the Shanghai Composite Index fell 2.5 percent after resuming following a two-day holiday, traders took solace from the fact the slump wasn’t deeper, driving European shares higher and fueling a pull back in the yen. Forward contracts on Asian emerging-market currencies signaled a rebound, while copper futures climbed ahead of an update on Chinese trade. Ongoing concern over the global oil glut kept U.S. crude below $45 a barrel. While the Chinese index ended last session down, almost three times as many Shanghai-traded stocks rose as fell, with investors looking to mainland markets to gauge sentiment amid a holiday in the U.S. Data Tuesday is projected to show further declines in Chinese exports and imports, potentially reinforcing concern over the […]