Commodities (Crude Oil & Copper) & Macro Outlook

According to Pakistan's Prime Minister, the Iran-U.S. Memorandum of Understanding came into effect immediately on June 18. Under the agreement, Iran will immediately reopen the Strait of Hormuz, while the United States will immediately lift its naval

According to SMM, Dadong Mining's Jijiaoshan lithium mine in Hunan held its start-up ceremony on June 18, 2026, for its 40,000-tonne annual lithium carbonate production line. The mine holds proven lithium ore reserves of 490 million tonnes and oxidized lithium resources of 1.31 million tonnes,

According to Jin10, WTI crude oil fell 2% on June 18, trading at $74.49 per barrel.

According to the People's Bank of China, the Interbank Market Data Repository (Shanghai) officially launched on June 16. The institution was established by seven co-founders and collects high-frequency trading data from multiple financial submarkets including bonds, currencies, derivatives, gold, an

日本央行升息至1%，自1995年以來首次。日圓套利以低成本融資日圓換成高收益資產並槓桿，是全球資產價格的重要推手。日本長期低利率受人口老化、低通膨、龐大債務三因素支撐；薪資與通膨回升、日圓仍偏弱。未來關鍵在美日利差走向，日美同步升降息才可能成拐點。

According to CNBC, CME Group plans to sue the U.S. Commodity Futures Trading Commission (CFTC) over its approval of Bitcoin perpetual futures products. CME CEO Terence Duffy said on June 17 that the CFTC incorrectly classified perpetual futures as futures contracts rather than swap transactions

According to TASS, the local mayor of Moscow reported a drone attack on an oil refinery in the city. Further details regarding casualties or damage were not disclosed.

According to Bank of America, global capital expenditure in artificial intelligence is expected to reach $1.7 trillion by 2030, with China accounting for $330 billion. The bank predicts this surge will trigger structural shortages in AI materials, including copper, PCB copper foil, fiberglass,

In May, China's gasoline exports fell to 30,000 tons, down 95.2% year-over-year, with January-May cumulative exports at 1.21 million tons, down 61.3%. Jet fuel exports reached 1.06 million tons in May, declining 44.9% compared to the same period last year, while January-May cumulative jet fuel expor

According to Shanghai Steelunion, MMLC battery-grade lithium carbonate (morning trading) was quoted at 168,800 yuan per ton today, June 18, down 800 yuan from the previous trading day's close.

The United States and Iran signed an electronic agreement late Wednesday to end the conflict between the countries. U.S. stock futures rose in the overnight session following the announcement. The 14-point Memorandum of Understanding establishes a 60-day negotiation period to finalize a broader

According to official announcements, U.S. stock futures climbed late Wednesday overnight after Washington and Tehran electronically signed a 14-point Memorandum of Understanding to end their conflict, offsetting concerns from the Federal Reserve's hawkish rate outlook. Dow futures rose 0.58%,

According to Guru Club, coking coal futures main contract fell over 5% to 1,275 yuan/ton on June 18.

According to Guru Club, on June 18, coking coal futures main contract fell over 4% to 1,292 yuan per ton, while coke main contract declined nearly 3% to 2,026.5 yuan per ton.

比特幣下跌至約64,790美元；Strategy的可變利率永久優先股STRC嚴重脫鉤，稱儲備足以支付32年股息以穩市場。芝商所宣告將起訴CFTC，反對其批準加密永續期貨；CFTC此前已核准Kalshi的永續合約。美股走低，BTC清算風險與現貨流向需留意。今日前瞻涵蓋就業與利率指標。

According to Jin10 Futures, the U.S. and Iran signed an electronic memorandum on Wednesday evening, with both sides scheduled to sign a formal agreement on Friday. The memorandum takes effect on Wednesday, initiating a 60-day negotiation period. An Iranian Foreign Ministry spokesman stated that the

CME Group announced its intention to sue the Commodity Futures Trading Commission over the regulator's approval of perpetual futures in the United States. The announcement was made by outgoing CME CEO Terrence Duffy. The legal action arises as a direct response to the CFTC's recent approval

According to Foresight News, CME Group CEO Terrence Duffy announced plans to sue the U.S. CFTC over perpetual contracts during a recent CNBC appearance. Under the Dodd-Frank Act, perpetual contracts are classified as swaps, and as CME has exclusive licensing agreements with all major benchmark

China's commodity futures market opened this morning with mixed performance. Polysilicon and paraxylene surged over 1%, while coking coal and soda ash declined over 2%.

According to ChainCatcher, CME will sue the U.S. Commodity Futures Trading Commission (CFTC) on Thursday (June 19) over the agency's approval of Kalshi's Bitcoin perpetual futures products, according to an announcement by outgoing CEO Terence