Israeli Prime Minister Netanyahu said Israel has established deep security zones around Lebanon, the Gaza Strip and Syria.

LME stocks — copper 361,600 t (-2,500 t); aluminium 319,500 t (-425 t); zinc 107,150 t (-600 t); nickel 274,932 t (-6 t); lead 304,850 t (-1,025 t); tin 8,775 t (-75 t).

Seasonally adjusted factory shipments rose 4.2% MoM to C$77.05 bln in April, Statistics Canada said on Monday — the third straight monthly gain and the largest monthly increase in over four years, but below the agency’s 4.6% estimate. Sales were up 10.6% YoY. In real (volume-adjusted) terms, shipments rose 1.8% MoM to C$55.59 bln and were 1.7% higher YoY. Petroleum and coal products sales jumped 22.6% MoM to C$11.77 bln after a 25.5% gain in March, driven mainly by higher refinery output; April volumes rose 17.5% MoM.