Monday, Jul 6. MUMBAI – Following are highlights from trading in rubber market today:
KUALA LUMPUR (July 6): The top four Malaysian rubber glove players are expected to increase their capacity by 16% in 2020, according to Hong Leong Investment Bank (HLIB) Research.
TOKYO (Reuters) - The dollar held steady against most currencies on Monday as investors awaited data expected to show the U.S. services sector stopped contracting, and highlighting the economic recovery from the coronavirus pandemic.
SINGAPORE (Reuters) - Oil prices offered up a mixed market snapshot on Monday, with Brent crude edging higher, supported by tighter supplies, while U.S. benchmark WTI futures dropped on concern that a spike in coronavirus cases could curb oil demand in the United States.
SYDNEY (Reuters) - Asian shares scaled four-month peaks on Monday as investors counted on super-cheap liquidity and fiscal stimulus to sustain the global economic recovery, even as surging coronavirus cases delayed re-openings across the United States.
SEOUL (Reuters) - Oil prices fell on Friday, reversing earlier gains, as the resurgence of the coronavirus globally and in the United States, the world’s largest oil consumer, stoked worries that a fuel demand recovery could stall.
