TOKYO, May 8 (Reuters) - Key Tokyo rubber futures fell on Wednesday, hurt by a rebound in the yen, after touching a three-week high a day earlier in a catch-up rally following an extended holiday in Japan.
* The key Tokyo Commodity Exchange (TOCOM) rubber contract for October delivery was changing hands 1.2 percent lower at 267.6 yen per kg as of 0034 GMT.
* On Tuesday, the benchmark contract rose as high as 273.5 yen, the highest since April 15. The TOCOM market was closed for the holiday between May 3 and May 6.
* China, the world's biggest rubber consumer, is set to release economic figures for April later this week, starting with trade on Wednesday and inflation on Thursday, with money supply and loan growth expected from Friday.
* China's trade data for April due later in the day is expected to underline concerns about the pace of a U.S. recovery and recession in Europe and that economic growth in the world's second-biggest economy is struggling to pick up.
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* Japan's Nikkei share average hit a fresh five-year highs in early trade on Wednesday, aided by the U.S. S&P 500 ending at yet another record high and stronger-than-expected German industrial orders.
* The dollar was a shade lower on the Japanese currency at 98.76, having repeatedly failed to clear the 4-year peak near 100 reached last month.
* Brent crude oil fell more than $1 on Tuesday as worries about market fundamentals curbed an early rise that had brought the price close to $106 a barrel on strong German data and concern about tension in the Middle East.
* The following data is expected on Wednesday: (Time in GMT)
0200 China Trade data for April
1000 Germany industrial output for March
N/A Bank of England begins two-day policy meeting.
(Reporting by Risa Maeda; Editing by Richard Pullin)