FXEmpire.com - Natural gas continued its ascent on Monday, triggering a bullish trend continuation signal on a rally above last week’s high of 1.92. The high of the day was 1.99 at the time of this writing. That put natural gas above the previous trend lows from February 2023 at
New York cocoa prices rose to an all-time high on Monday on the ICE exchange, with London cocoa futures also posting sharp gains as both contracts continue to be supported by ongoing concerns about a global supply shortage.
The Federal Aviation Administration on Monday said the agency's 737 MAX production audit into Boeing and supplier Spirit AeroSystems found multiple instances where the companies allegedly failed to comply with manufacturing quality control requirements.
U.S. soybean and corn futures rose on Monday on bargain buying and short covering after hitting three-year lows recently, but plentiful supply from South America limited gains, analysts said.
Fashion brands with ultra-fast product turnover such as China's Shein should be subject to penalties of up to 50% of their garments' selling price to offset their environmental impact, French ruling-majority MPs have proposed in a new bill.
EU antitrust regulators last month temporarily halted their investigation into British Airways owner IAG's 400-million-euro ($434.28 million) bid to buy out Air Europa, according to a European Commission update on its site on Monday.
Copper prices rose to one-week highs on Monday ahead of a key political meeting in China which could pave the way for growth stimulus, but gains were capped by persistent fears of stalling demand in the top consumer.
In trading on Monday, shares of Alamos Gold Inc (Symbol: AGI) crossed above their 200 day moving average of $12.44, changing hands as high as $12.79 per share. Alamos Gold Inc shares are currently trading up about 3% on the day. The chart below shows the one year performance o
American Airlines said on Monday it had agreed to buy a total of 260 new jets from Airbus, Boeing and Embraer, as the carrier targets increased capacity to meet soaring demand for travel.
American Airlines said on Monday it had agreed to buy a total of 260 new jets from Airbus, Boeing and Embraer, as the carrier targets increased capacity to meet soaring demand for travel.
BHP has signed non-binding sales agreements for all potash production from both phases of the Canadian mine it is building, and will look to convert those into firm offtakes within 12-18 months, a senior executive told Reuters.
In trading on Monday, shares of Kinross Gold Corp. (Symbol: KGC) crossed above their 200 day moving average of $5.17, changing hands as high as $5.20 per share. Kinross Gold Corp. shares are currently trading up about 1.7% on the day. The chart below shows the one year perform
The cost of war risk insurance through the Red Sea remained stable on Monday despite the sinking of the Rubymar cargo ship as underwriters had already factored in the casualty after it was first hit by a missile last month, industry sources said.
London cocoa futures on ICE rose sharply on Monday with the market heading back towards record highs set early last week, buoyed by ongoing concerns about a supply shortage.
A new satellite backed by Alphabet Inc's Google and the Environmental Defense Fund group will launch from California on Monday with a mission to pinpoint oil and gas industry methane emissions from space.
Macy's shares jumped 16% on Monday after investors Arkhouse Management and Brigade Capital sweetened their take-private bid over the weekend, valuing the U.S. department store operator at $6.58 billion.
Shares of Super Micro Computer jumped 14% on Monday after the artificial-intelligence server maker was set to join the S&P 500 index, highlighting the growing dominance of AI stocks in Wall Street's benchmark index.
Chicago corn and soybean futures hit fresh contract lows yet again last week, but speculators reacted differently in both markets, covering short positions in corn while adding them in beans.
BHP has signed non-binding sales agreements for all potash production from both phases of the Canadian mine it is building in Jansen, Saskatchewan, and will look to convert those into firm offtakes within 12-18 months, a senior executive told Reuters.
Brazil's soybean harvest for the 2023/24 cycle had reached 48% of the planted area as of last Thursday, agribusiness consultancy AgRural said on Monday, up 8 percentage points from the previous week.