Japanese Rubber Futures Rise on Stronger China Tyre Output
Japanese rubber futures rose Friday, supported by a rebound in Chinese tyre production and a firmer Shanghai market. Softer Thai physical prices left the contract down for the week.
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RUBBER — Japan futures rise on stronger China tyre output, firmer Shanghai market
By Emily Ou Yong Oct 16 (Reuters) — Japanese rubber futures rose on Friday, supported by a rebound in Chinese tyre production and a firmer Shanghai market, although softer Thai physical prices kept the contract on track for a weekly loss. The Osaka Exchange (OSE) rubber contract for March delivery was up 4.3 yen, or 0.
Japanese Rubber Futures Rise on Stronger China Tyre Output
A rebound in Chinese tyre production and a firmer Shanghai market supported Japanese rubber futures on Friday, while softer Thai physical prices left the contract on track for a weekly loss.
Asian shares fall as oil rises and Treasury yields climb
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
Global stocks fall as oil rises, Treasury yields extend gains
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.