Commodities (Crude Oil & Copper) & Macro Outlook

Bitcoin surged above $80,000 today, extending its monthly gains to approximately 25% amid continued inflows into spot ETFs. According to market reports, spot Bitcoin ETF inflows have persisted for eight consecutive trading days, signaling sustained institutional demand. Oil prices rose 2%

US stock indexes rose on August 27 (local time) as NVIDIA's significantly upwardly revised revenue forecast eased concerns that the artificial intelligence boom had ended. NVIDIA shares surged 8.74% to 227.98 after the company projected fiscal 2028 revenue growth of approximately 70%, far

US Treasury yields rose slightly on August 27 (US Eastern Time), with the 10-year note climbing 0.80 basis points to 4.6720% as of 3pm. Oil prices surged after reports indicated the Trump administration repeatedly told mediators it has no interest in returning to the June ceasefire memorandum of

Lee Hyuk-jin, Deputy General Manager at NH Investment & Securities Asset Management Consulting Division, predicted another stock market correction in September during a financial seminar on August 26 at Daegu Grand Hotel. Lee stated foreign investors sold 180 trillion won worth of securities in the

According to sources, the Trump administration is considering an increase of about 500 million gallons to 2027 biofuel blending mandates to offset an upcoming exemption policy for small refineries.

US and Iranian officials exchanged hardline statements on the 27th as oil prices rose for the first time in four trading sessions, with West Texas Intermediate (WTI) crude climbing $1.30 to $83.53 per barrel. The White House stated no negotiations are currently underway with Iran, while Wall

According to the Wall Street Journal and White House officials on August 27, the Trump administration has no interest in returning to the June memorandum of understanding (MOU) with Iran and is not currently engaged in negotiations with the country. White House spokeswoman Caroline Levitt told Fox

According to Wall Street Journal reporting and White House spokeswoman Caroline Levitt on August 27, crude oil prices rose as the Trump administration reiterated it has no interest in returning to the June memorandum of understanding (MOU) with Iran. WTI crude for October delivery closed at $83.53 p

Spot gold rose 0.28% to $4,604.11 per ounce on Thursday's New York close (August 27), with intraday high at $4,643.10 (Beijing time 10:01) and low at $4,565.60 (21:48). Spot silver gained 1.67% to $69.2621 per ounce. COMEX copper futures fell 0.25% to $6.6850 per

On Thursday (August 27), U.S. ETF markets showed mixed movements. The Nasdaq-100 ETF rose 1.37%, while the Brent crude oil fund gained 2.31%, marking the day's largest increases. The S&P 500 ETF and agricultural commodity fund climbed 0.66% and 0.8% respectively. Meanwhile, fear index futures

Brazil's Finance Minister stated that the government spent 7 billion reals on fuel subsidies through July 2026.

According to Bloomberg data, the Bloomberg Grain Commodity Index rose 0.42% to close at 34.8501 points on Thursday, Aug. 27, reflecting mixed momentum across agricultural futures. CBOT wheat futures gained 1.30% while corn futures declined 0.93%. Among soy complex products, CBOT soybeans

According to Iran's National Security Council Secretary Rafsanjani, Iran successfully broke through the naval blockade during the ceasefire period and exported between 70 and 80 million barrels of crude oil. The country has restored its oil exports to pre-sanction

U.S. Energy Secretary Wright recently suggested that the United States and Saudi Arabia should collaborate on uranium mining operations, noting that Saudi Arabia possesses uranium reserves. Wright also indicated potential for broader commercial cooperation between the two nations in the nuclear

Shanghai Futures Exchange crude oil 2610 contract closed up 4.76% at 601 yuan per barrel during the night session on August 27. Gold futures fell 0.18%, while silver futures rose 1.35%.

According to Reuters, U.S. President Donald Trump is expected to hold a refining industry conference next week.

According to CRU Group, global aluminum supply is rebounding faster than expected, pressuring prices downward. CRU projects a supply deficit of under 500,000 tonnes this year, but forecasts will shift to significant oversupply in 2027 and 2028 as Middle Eastern smelters resume production and project

According to Gate data, Brent crude oil (XBRUSD) broke through $90 per barrel overnight, now trading at $90.07, up 1.0% in the past 24 hours.

Brent crude oil rose to $88.10 per barrel and WTI crude oil climbed to $83.02 per barrel on August 27, with both benchmarks gaining over 2% intraday.

According to Axios, citing two U.S. officials, the Trump administration is negotiating with Venezuela's interim government to acquire majority stakes in over a dozen operational oil fields on August 28. The agreement involves select fields rather than Venezuela's entire 300 billion barrels of