Commodities (Crude Oil & Copper) & Macro Outlook

US Treasury yields showed mixed performance on the 31st at 3pm Eastern time, with long-term bonds declining as short-term bonds edged slightly higher. The 10-year Treasury yield rose 3.50 basis points to 4.7570%, while the 2-year yield fell 0.20 basis points to 4.3500%, according to Yonhap Infomax's

According to Yonhapinfomax, on August 31 (U.S. Eastern Time afternoon), U.S. long-term Treasury yields climbed to their highest levels in 17 months amid escalating U.S.-Iran military tensions. President Donald Trump threatened swift retaliation for Iran's weekend attack on a U.S. military base in

According to Yonhap Infomax, on August 30-31, U.S. military airstrikes on Iranian targets in the Strait of Hormuz region sent crude oil prices higher. WTI October futures closed at $85.76 per barrel, up 2.83%, while Brent crude rose 2.71% to $90.49. The strikes targeted Iranian Revolutionary Guard m

According to the UK Maritime Trade Operations (UKMTO), Saudi oil tanker Cedar was intercepted in the southern Strait of Hormuz today. The incident was reported to authorities earlier. Cedar is capable of carrying 2 million barrels of crude oil and was operating its automatic identification system

According to Yonhapinfomax, on August 31, U.S. stock market indices declined as escalating US-Iran military tensions triggered risk-off sentiment. The Dow Jones Industrial Average fell 0.70% to 53,185.90, the S&P 500 dropped 0.33% to 7,686.14, and the Nasdaq Composite declined 0.12% to 26,730.89. Th

According to the U.S. Energy Information Administration (EIA), the monthly oil supply report originally scheduled for release on August 31 has been delayed to September. The agency will disclose the report once data are

According to Wall Street Journal, a Venezuelan oil company operated by businessman Betancourt plans to deploy more than 50 drilling rigs to Venezuela over the coming years.

Intercontinental Exchange (ICE) will list financial-type natural gas condensate, Americas physical crude, Americas crude, and U.S. crude oil futures and options contracts starting October 5, the exchange

US stock markets' three major indices fell on the 31st (local time) as the US and Iran exchanged attacks after approximately one month, driving international oil prices up more than 2% and reigniting inflation concerns. The decline was amplified by Fed Chair Kevin Wash's hawkish remarks from the

According to market data, ICE sugar futures rallied 21.35% in August, while New York cocoa futures surged 22.25% to $6,768/ton. ICE cotton futures gained 13.67% over the same period. ICE Arabica coffee futures rose 3.84%, while coffee C futures declined 0.21%, and Chicago WCE canola futures

According to Bloomberg commodity data, CBOT wheat futures rose 18.49% to $7.7525 per bushel in August through August 31, marking the month's strongest performance among major grains. CBOT corn futures gained 15.84% to $5.3750/bu, while soybean futures climbed 8.44% to $12.8775/bu. Bloomberg's grain

According to President Trump, Iran's strike impact will be limited, with the Strait of Hormuz experiencing robust shipping activity overnight. The president stated that a large volume of oil continues flowing through the strategic waterway, averaging approximately 30 vessels per night. Trump added t

According to Jin10, on Aug 31, WTI crude for October delivery closed at $85.76 per barrel, up $2.36 or 2.83%, while Brent crude for November delivery rose $2.39 to $90.49 per barrel, gaining 2.71%.

The U.S. Environmental Protection Agency (EPA) announced it will propose reallocating the full difference between small refinery estimated and actual exemptions for 2026 and 2027 under fuel ethanol blending mandate

According to Yonhapnews, on August 30, President Trump posted an AI-generated video on Truth Social depicting the bombing of Kharg Island, Iran's critical oil export hub. The video was accompanied by the caption "Kharg Island is being destroyed." Vice President JD Vance confirmed on August 31 that T

U.S. stock markets opened lower on Monday, August 31, as surging oil prices and rising Treasury yields revived inflation concerns. The S&P 500 declined 0.18% to 7,697.52, while the Dow Jones Industrial Average fell 97.4 points to 53,462.6. The Nasdaq Composite slipped 0.17% to 26,358.56. Brent

According to TankerTrackers, Arab nations have transported an average of 6.92 million barrels of crude oil daily outside U.S. Navy blockade lines over the past 28 days. Of this volume, 2.53 million barrels per day originated from oil terminals along the Oman coast, while the remaining 4.39 million b

Shanghai Futures Exchange crude oil 2610 contract rose 3.36% overnight to 637.20 yuan per barrel. Shanghai gold and silver fell 1.88% and 2.74% respectively during the same session.

The average rate on the 30-year fixed mortgage jumped to 6.87% on Monday, the highest level since June 2025, according to Mortgage News Daily. The increase follows renewed hostilities in the Iran war that pushed oil prices higher, driving bond yields up and mortgage rates along with them. This

According to Mortgage News Daily, the average 30-year fixed mortgage rate jumped 6 basis points to 6.87% on Monday, marking its highest level since June 2025, as renewed hostilities in the Iran war pushed oil prices higher and drove bond yields up. The rate has climbed 12 basis points since