With the U.S. economic recovery story firmly entrenched into the market mindset, Monday's softer-than-expected U.S. manufacturing report pushed Treasury yields lower and toppled the dollar from multi-week highs. On the other hand, there were upbeat earnings, news of cities reopening, and a dovish Federal Reserve, all of which are keeping the tone relatively positive.
Malaysian palm oil futures slipped on Tuesday, trimming some of the previous session's gains, due to weakness in rival soyoil and demand concerns as COVID-19 cases surge globally.
Jewellery maker Pandora on Tuesday reported a better-than-expected quarterly operating profit, as consumer demand was fuelled by strong online sales and stimulus packages in the United States.
Australian Prime Minister Scott Morrison, under pressure to overturn rules barring travel from COVID-ravaged India, said on Tuesday it was "highly unlikely" travellers would face maximum penalties of five years jail and a A$66,000 ($51,000) fine.
Malaysia Aviation Group (MAG), parent of national carrier Malaysia Airlines, said on Tuesday it will take in delivery of Boeing 737 MAX jets from 2024, though the airline group plans to retire its Airbus A380 fleet in the coming months.
Pandora, the jewellery maker best know for its silver charm bracelets, will stop selling mined diamonds and focus on more affordable, sustainable, lab-grown gems, it said on Tuesday.
Chicago corn futures were little changed on Tuesday, trading near the previous session's eight-year high on global supply worries although a rapid pace of U.S. planting curbed gains.
London aluminium prices rose on Tuesday, as top producer China's commitment to curb carbon emissions sparked worries that supply of the energy-intensive metal will be limited.
Malaysian palm oil futures fell on Tuesday, giving up some of the previous session's gains, as weakness in rival soyoil and concerns that a surge in COVID-19 cases globally may hurt demand weighed on the market.
Malaysia Aviation Group, parent of national carrier Malaysia Airlines, said on Tuesday it is aiming to position itself as a global travel group and expand beyond the airlines business.
U.S. corn futures edged higher on Tuesday, as concerns about global supplies kept prices near an eight-year high, but gains were capped by a widely watched U.S. Department of Agriculture (USDA) report that showed planting ahead of expectations.
Australia Prime Minister Scott Morrison on Tuesday said it was "highly unlikely" travellers from COVID-ravaged India would face the maximum penalties of five years jail and a A$66,000 fine for breaking border rules as he faces pressure to overturn them.
The U.S. Federal Aviation Administration (FAA) said on Monday that airlines have referred approximately 1,300 unruly-passenger reports since February and the agency has identified potential violations in about 260 cases.
Canada's Nutrien Ltd, the world's biggest fertilizer producer by capacity, raised its full-year profit guidance and swung to a bigger than expected quarterly profit on Monday, as crop prices climb.
The U.S. Department of Agriculture (USDA) said U.S. farmers had planted 46% of their intended corn acres as of Sunday, ahead of the average estimate of 44% in a Reuters analyst poll.
Chicago Board of Trade corn futures hit their highest price since March 2013 on Monday on strong demand for limited U.S. supplies and concerns over dry weather hurting output in Brazil.
U.S. pork processor Seaboard Foods wants to pursue a 10-1/2-month delay to a federal court decision that would force it to slow the speed of hog slaughtering at a massive Oklahoma pork plant, according to court documents.
Deutsche Lufthansa AG on Monday said it would purchase five long-haul aircraft each from Airbus and Boeing to replace older Airbus A340 planes and increase its fleet's fuel efficiency.
Raw sugar and arabica coffee futures closed down on Monday on ICE as the markets consolidated after a recent run-up for both commodities. The London market for white sugar, robusta coffee and cocoa was closed due to a bank holiday.
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