Japanese rubber futures rose to a 3-1/2-week high on Monday, as a recovery in automobile sales in Japan increased prospects for stronger tyre demand while the yen's decline to a fresh one-year low prompted buying.
Dubai's Emirates placed an order for 90 more Boeing 777X jets at the opening of the Dubai Airshow on Monday, including both variants of the future long-haul jet.
London copper prices edged higher on Monday, tracking upbeat sentiment in the financial markets, although a firmer U.S. dollar and uncertainty over the economic recovery in China kept the red metal near a two-week low.
China is considering resuming purchases of Boeing's 737 Max aircraft when the U.S. and Chinese presidents meet this week at the APEC summit, Bloomberg News reported on Sunday, citing people familiar with the matter.
Chicago corn futures on Monday hovered near a three-year low hit in the previous session as the market absorbed last week's U.S government forecast that farmers will produce the biggest corn crop on record this year.
FXEmpire.com - Highlights
U.S. Natural Gas hits two-week low driven by record production and mild weather.
Futures test $3 threshold with notable downturn in December delivery futures.
14% weekly drop in front-month futures, the largest since the end of May.
Natural Gas Prices
U.S lithium major Livent will begin meeting Allkem Australian investors from Monday ahead of a vote next month to approve a $10.6 billion merger that would form the world's third-largest producer amid weakening demand and prices for lithium.
China's largest e-commerce player Alibaba Group said it recorded year-on-year growth over this year's Singles Day sales period that ended at midnight on Saturday, while rival JD.com reported sales volumes at a record high.
Brazilian cotton producers took the natural fiber to the runway on Thursday night, strutting the catwalk of Sao Paulo Fashion Week (SPFW) in celebration of the 150th anniversary of jeans.
Southwest Airlines expects Boeing's 737 MAX 7 plane will get certification from the U.S. Federal Aviation Administration by April, allowing the carrier to start flying the aircraft in October and November 2024, a company executive told Reuters.
Dubai will stage its high-profile aerospace pageant next week against the backdrop of the Israel-Hamas war in Gaza that is pushing up demand for weapons while closing airspace and making flights longer and more expensive for some airlines.
Chicago corn futures posted a third straight weekly decline
on Friday, as traders reacted to a government forecast that U.S.
farmers will produce a record-large crop this year.
Dubai will stage its high-profile aerospace pageant next week against the backdrop of the Israel-Hamas war in Gaza that is pushing up demand for weapons while closing airspace and making flights longer and more expensive for some airlines.
Chicago corn futures turned down for a second straight session on Friday, as traders continued to react to government forecasts that U.S. farmers will produce a record-breaking crop this year.
A lack of rainfall in Brazil's top grain state Mato Grosso has delayed soybean planting by up to 30 days and is compromising the outlook for second corn, which is cultivated after the oilseed is harvested and represents around two-thirds of national production, farmers said.
Reuters
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12 minutes 21 seconds ago
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