Toyota Motor TSE:7203 said on Monday that global vehicle sales slipped for a fourth consecutive month in May, as decreases in China and the Middle East weighed on overall results.
ADNOC LOGISTICS & SERVICES ADX:ADNOCLS:
By Emily Ou YongIron ore futures struggled for direction on Monday as traders weighed increasing China hot metal output and steelmaking ingredient demand, while closely eyeing signs that steel mills may cut blast furnace operating rates soon due to squeezed margins.The most-traded September iron or…
By Dharamraj DhutiaIndia's Capri Global Capital NSE:CGCL will become the latest entity to debut in the foreign currency debt market, with plans to raise funds through U.S. dollar denominated bonds, two merchant bankers said on Monday.The non-banking finance company will aim to raise funds through b…
China's yuan was little changed against the dollar on Monday, as the greenback pulled back from a one-year high and the central bank launched overnight reverse repo operations, reinforcing efforts to manage onshore liquidity.Since the Federal Reserve's policy meeting in mid-June, expectations that…
LME copper (MCU3=LX) may retest support at $13,111 per metric ton this week, a break below which could open the way toward $12,362-$12,776 range.The bounce triggered by the support is classified as a pullback toward a bearish wedge, which indicates a target of $12,776.A break above $13,445 may lead…
ABU DHABI PORTS COMPANY ADX:ADPORTS:
India's Persistent Systems NSE:PERSISTENT shares opened 7% lower on Monday, after the IT services firm offered to buy German firm Nagarro XETR:NA9 for 1 billion euros ($1.14 billion), according to Reuters calculations.The German digital engineering firm's board said it intends to recommend the 81 e…
Indian shares opened steady on Monday after posting their longest weekly winning streak of 2026, as investors weigh support from renewed U.S.-Iran diplomacy against lingering geopolitical risks.The benchmark Nifty 50 NSE:NIFTY held its ground at 24,061.75, while the BSE Sensex BSE:SENSEX edged 0.06…
CBOT September wheat (WU26) may retest a support at $5.85-1/2 per bushel, a break below which could trigger a fall into $5.73 to $5.80-3/4 range.A Fibonacci extension analysis reveals support at $5.85-1/2, the 123.6% level, which works as a temporary support. This analysis suggests a target zone fo…
Chicago soybean and grain futures fell on Monday as traders adjusted positions ahead of the U.S. Department of Agriculture's acreage and quarterly grain stocks reports on Tuesday.The most-active soybean contract on the Chicago Board of Trade (CBOT) CBOT:ZS1! was down 0.61% at $11.49-1/4 a bushel, a…
China added 20 Japanese entities to its export control list for dual-use items on Monday, preventing Chinese firms from selling to them without prior approval, citing Tokyo's ambitions for "remilitarisation."The action, Beijing's latest in a series of export curbs targeted at Tokyo, was aimed at li…
By Ankur BanerjeeAsian stocks wobbled on Monday after Iran and the United States agreed to halt renewed hostilities that had cast a shadow over an interim peace deal and kept oil prices supported, while the dollar stood tall near a one-year high on rate-hike bets.A return to diplomacy in the Middle…
China's central bank debuted its overnight reverse repo operation on Monday, setting the borrowing cost at 1.25%, people with knowledge of the matter said.The rate was 15 basis points below the seven-day reverse repo rate (CN7DRRP=PBOC) of 1.4%, which currently serves as the country's primary polic…
Car production in Thailand dropped 17.94% in May from a year earlier to 114,214 units, the Federation of Thai Industries said on Monday.Thespanfollowed an annual dip of 0.44% in April.Thailand is Southeast Asia's biggest auto production centre. It is an export base for some of the world's top carma…
Thailand's parliament began a three-day debate on Monday to discuss the government's 3.788 trillion baht ($115 billion) budget bill for the 2027 fiscal year, which lasts from October 1 this year to September 30 next year.Here are the proposed allocations, according to documents published by Thailan…
CBOT September corn (CU26) may revisit its June 25 low of $4.25-1/4 per bushel, as a bounce from this level has completed.The bounce could be well divided into five waves, a structure signalling the completion. A falling wedge seems to be developing, with the lower trend line pointing to a target o…
The CBOT soybean November contract (SX26) may fall into a range of $11.38 3/4 to $11.44 per bushel, following its failures to break a resistance at $11.58 1/4.The failures suggest the formation of a double-top and completion of a bounce from $11.30. The market may fall toward $11.38-3/4, as indicat…
