TOKYO, March 1 (Reuters) - Key TOCOM rubber futures dropped 1 percent on Friday, hovering near a two-month low marked this week as share prices fell on concerns over U.S. government spending cuts that are due to kick in and political uncertainty in Italy.
* The benchmark rubber contract on the Tokyo Commodity Exchange for August delivery was changing hands down 3 yen, or 1 percent, from the previous close at 290.0 yen per kg as of 0017 GMT. It has fallen 2.4 percent on the week.
* On Wednesday, the contract dropped to 284.8 yen, the lowest for any benchmark since Dec. 21 and down 15.7 percent from a 10-month high marked earlier this month.
* The TOCOM market declined 7.2 percent in February.
* China's official manufacturing PMI data is due at 0100 GMT, with the number forecast to be at four-month lows on weak overseas demand.
* China's securities regulator has relaxed risk provision requirements for futures brokerages as part of revised risk management regulations, increasing the risk of volatility in local futures markets.
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* The euro remained under pressure on Friday, a day after notching its biggest monthly fall against the dollar in nine months.
* Japan's Nikkei share average dropped on Friday as the market took a breather after a sharp rise on the previous day on upbeat U.S. economic data.
* Brent crude fell to a six-week low near $111 a barrel on Thursday, capping a month-end sell-off that has seen prices fall by almost $8 in two weeks as concerns have resurfaced about the global economy and the strength of demand.
* The following data is expected on Friday: (Time in GMT)
0100 China NBS manufacturing PMI
0145 China HSBC final manufacturing PMI
0500 India HSBC Markit Manufacturing PMI
0700 Germany Retail sales
0843 Italy Markit/ADACI Manufacturing PMI
0853 Germany Markit/BME Manufacturing PMI
0858 Euro zone Markit Manufacturing PMI
1000 Euro zone Inflation
ISM Manufacturing PMI
CFTC commitment of traders data
(Reporting by Risa Maeda; Editing by Joseph Radford)