Commodities (Crude Oil & Copper) & Macro Outlook

According to the Swiss National Bank's deputy chief, inflation in Switzerland has risen recently due to oil products.

According to Jin10, Russian and U.S. officials held talks on October 8 to explore introducing American investors into the Nord Stream pipeline project, five sources familiar with the matter said. The discussions involved Dmitriev, an adviser to Russian President Putin, and Jared Kushner, Donald

According to Singapore's Economic Development Board, as of the week ended October 7, Singapore fuel oil inventories fell by 540,000 barrels to 186.72 million barrels, marking a 7-week low.

Singapore fuel oil inventories for the week ending October 7 and London Metal Exchange copper, aluminum, and nickel inventory changes for October 8 are set to release within the next ten minutes.

According to Jin10 Futures, five chemical futures contracts including methanol, p-xylene, and LPG surged to their daily limit-up on October 8, the first trading day after the National Day holiday. Major chemical futures such as asphalt, PTA, and polyethylene also posted significant gains. The

According to Dalian Commodity Exchange, on October 8, ethylene glycol futures warehouse positions fell 2,453 lots to 6,538 lots. Separately, polyvinyl chloride positions declined 50 lots to 118,095 lots, and polypropylene fell 65 lots to 26,857 lots. Liquefied petroleum gas positions rose 90 lots to

According to the Bank of Japan's regional economic report released on October 8, the central bank upgraded its economic outlook for 2 out of 9 regions: Shikoku and Hokuriku. The upgrades were driven by robust demand for artificial intelligence-related products, which is supporting production. The

The USD/JPY exchange rate in the Tokyo forex market rose 0.11% to 158.195 yen as of 2:05 PM on the 8th, reversing earlier yen strength. The intraday shift followed easing concerns over tight oil supply, which had tempered US long-term interest rate gains overnight and initially prompted yen

According to Yonhap Infomax, the USD/JPY exchange rate climbed 0.11% to 158.195 yen on October 8 in Tokyo trading. Japan's August current account surplus exceeded expectations at 4.062 trillion yen, supporting the economic outlook. However, geopolitical tensions over Iran pushed WTI crude oil

Maersk will increase its emergency fuel surcharge (EFS) to 20% effective October 12, 2026, according to the shipping company's announcement.

According to Jin10, Bank of France Governor Villeroy stated on October 8 that geopolitical shocks stemming from the Middle East crisis are affecting all economies, regardless of their fiscal strength. "We see strong correlation between oil prices, U.S. long-term rates, and European rates. This

According to Japanese officials, Japan will hold a special meeting with oil-producing nations from the Middle East on Thursday, following the conclusion of an ASEAN ministerial meeting.

According to Jin10 Futures, Mongolia's government decided on October 7 to implement a zero-tariff policy on imported 92-octane gasoline and diesel through three major China-Mongolia border checkpoints—Zamyn-Üüd (Erenhot), Bulgan (Takeshiken), and Sayan-Übür (Ceke)—effective from October 21, 2026 thr

According to Jin10, as of October 8 at 3:18 p.m., China's futures markets saw significant inflows into CSI 1000 futures (53.67 billion yuan), CSI 2612 futures (42.15 billion yuan), and PTA 2701 futures (16.40 billion yuan). Meanwhile, Shanghai Gold 2612 saw outflows of 9.59 billion yuan, 10-Year

According to Jin10 Futures, on October 8, Shanghai Futures Exchange reported warehouse inventory changes for energy and chemical commodities. Pulp futures warehouse inventory rose 3,252 tons to 407,996 tons. Medium sulfur crude oil futures inventory increased 1,985,000

According to Shanghai Futures Exchange data on October 8, major commodity warehousing inventory saw mixed movements. Copper futures inventory fell 2,325 tons to 7,686 tons; aluminum declined 3,467 tons to 118,396 tons; zinc dropped 674 tons to 80,502 tons; nickel decreased 277 tons to 90,558 tons.

According to Jin10, USD/CAD hovered near 1.4270 on Thursday (Oct 8) for a second consecutive day, though rising oil prices supported the commodity-linked Canadian dollar and limited upside for the U.S. currency. Geopolitical tensions—including reports that the Trump administration is preparing

Bitcoin traded at $82,900, declining almost 2% over 24 hours, as hawkish Federal Reserve minutes, rising oil prices, and higher Treasury yields pressured the cryptocurrency below $83,000. Minutes from the Fed's September meeting showed most policymakers saw another rate hike as possible before

According to Guru Club, Brent crude oil broke above $102 per barrel today (October 8), rising 2.22% intraday on concerns over shipping disruptions in the Middle East and U.S. hurricane-induced oil production cuts. WTI crude gained 1.9% intraday.