Commodities (Crude Oil & Copper) & Macro Outlook

According to official customs data, South Korea's exports climbed 53.9% year-over-year during July 1-10, while imports grew 17.4% over the same period.

According to Business Insider, economist Nouriel Roubini launched a token backed by his Atlas Americas Fund on July 11, with regulatory approval from the United Arab Emirates. The token, set to debut within weeks, invests in short-term U.S. Treasury securities, gold, REITs, commodities, and

According to Jin10, Iran's Islamic Revolutionary Guards announced the closure of the Strait of Hormuz until the United States ceases its interference in the region. The statement indicated that a vessel attempted to transit the waterway along an unauthorized route, prompting Iranian forces to

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to the U.S. Department of Agriculture, CBOT soybean futures climbed 3.75% in the week ending July 10 as buyers accelerated purchases of American soybeans. The USDA confirmed sales of 472,000 tonnes to China on July 9, followed by 136,000 tonnes on July 10 and 264,000 tonnes on July 11,

According to Jin10 Futures, CBOT soybean oil futures surged 5.4% in the week ended July 10, primarily reflecting strong gains in international crude oil futures and strength in external vegetable oil markets. The U.S. Department of Agriculture supply and demand data had a neutral market impact.

According to China Securities Journal, Baotou Steel and China Northern Rare Earth recently cut their third-quarter rare earth concentrate pricing to 38,600 yuan per ton, a 0.62% sequential decline. The price adjustment ends a seven-quarter winning streak for the two rare earth

According to Shanghai Securities News, major listed Chinese aluminum companies including Tianshan Aluminum, Shenghuo Co., and Zhongfu Industrial disclosed that their earnings in the first half of 2026 doubled year-over-year, driven by elevated aluminum prices and lower aluminum oxide costs. The comp

According to China National Petroleum, on July 13, Tarim Oilfield reached a milestone by exceeding 400 billion cubic meters in cumulative gas supply to the West-East Gas Pipeline network, securing energy supply for nearly 500 million people

According to Kuwait's Defense Ministry spokesman, three military border posts in northern Kuwait and an offshore drilling platform operated by Kuwait National Petroleum Company came under attack on the evening of July 12. The border facilities sustained damage from the attack, while the oil rig

WTI crude oil surged to break through $74 per barrel intraday, with a daily gain of 3.63%.

Agricultural commodity exchange-traded notes (ETNs) listed on the Korea Exchange posted strong gains this month amid concerns that a Super El Niño event could disrupt crop yields. The Meritz Leveraged Representative Agricultural Futures ETN rose 9.1% this month to close at 10,230 won on the 10th, co

According to Korea Exchange, agricultural product ETNs surged this month through July 10 amid warnings of potential 'Super El Niño' conditions. The Meritz Leverage Representative Agricultural Commodity Futures ETN (H) rose 9.1% from June 30 to July 10, closing at 10,230 won. Specific commodity ETNs

WTI crude oil touched $73 per barrel at Monday's opening, with an intraday gain of 2.49%.

US Central Command (CENTCOM) completed its third airstrike against Iran in one week on '12일' (local time), targeting approximately 140 Iranian military sites including missile and drone bases, naval assets, ammunition depots, communication networks, and coastal surveillance facilities. Iran's

According to local media reports, tensions between the United States and Iran have escalated with exchanges of airstrikes, reigniting war concerns across the Middle East. Oil prices face renewed upward pressure as shipping through the Strait of Hormuz—a critical corridor for global crude supplies—fa

According to Bank of America Chief Investment Strategist Michael Hartnett, the current market consensus—that the U.S. economy will avoid a hard landing, the Fed will not raise rates, AI capital spending will remain robust, and Democrats will underperform in midterm elections—represents rare

Iran's Persian Gulf Strait Authority (PGSA) announced on the 12th (local time) that transit through the Strait of Hormuz is currently impossible. The authority cited recent illegal US military movements in the region as the reason for the closure, according to Iran's semi-official Tasnim News