Commodities (Crude Oil & Copper) & Macro Outlook

On October 7, U.S. stock indexes opened lower as Treasury yields and oil prices surged, with the 10-year yield hitting 5.35%, marking a 24-year high. The Dow Jones Industrial Average fell 0.67% to 51,173.60, the Nasdaq Composite dropped 0.62% to 27,429.46, and the S&P 500 declined 0.44% to 7,784.84.

According to Iran's semi-official Pars News, an advisor to the commander of Iran's Islamic Revolutionary Guard Corps (IRGC) declared on October 7 that the Strait of Hormuz is now closed and under full military control. Mohammad Reza Nakhdi stated the closure will continue until Iran's "legitimate de

Dogecoin fell roughly 7% toward $0.089 on Wednesday as a broader risk-off move hit major cryptocurrencies including Bitcoin, Ethereum and XRP. The decline does not appear driven by any Dogecoin-specific development. Instead, DOGE amplified a market-wide selloff as rising oil prices, Treasury

On Wednesday, Dogecoin slid 7% toward $0.089, amplifying a broader market selloff that hit Bitcoin, Ethereum and XRP. Bitcoin briefly dropped below $84,000, Ethereum fell around 4%, and XRP declined over 3%, with DOGE's steeper decline reflecting its higher-beta sensitivity to market-wide

According to IMF President Kristalina Georgieva, high oil prices are expected to persist through 2027, even if the current conflict in the Gulf region ends soon. Speaking on October 7 at a preparatory event for the IMF and World Bank autumn meetings, Georgieva cited ongoing trends in Brent crude oil

According to Bloomberg, Iraq will dispatch hundreds of oil tanker trucks daily through Syria, marking a significant shift in regional energy logistics routes.

According to Jin10, UK wind power generation reached 6.62 terawatts per hour in September, a record high for the month and up 4% year-over-year, pushing natural gas generation to its lowest September level on record. However, UK electricity prices remained approximately double compared to the same p

The U.S. Energy Information Administration (EIA) raised its Brent crude oil forecast for the fourth quarter to $105 per barrel in its October Short-Term Energy Outlook released October 6. This represents a $14 increase from the September forecast. The agency now projects a 2026 full-year Brent

According to ChainCatcher, on Wednesday (October 7), the 30-year U.S. Treasury yield rose to 5.72%, marking its highest level since 2002. The 10-year U.K. gilt yield climbed to 6%, while French government bonds of the same maturity increased by 14 basis

On Wednesday, October 7, U.S. stock index futures declined sharply, with Dow futures down nearly 1%, while spot gold fell over 2%, spot silver dropped 3%, and crude oil rose over 1%. The moves come ahead of the Federal Reserve's release of its September FOMC meeting minutes on October 8 at 02:00

According to the European Commission spokesman, the EU energy working group will hold a teleconference today at 16:00 CET (22:00 Beijing time) to discuss the release of oil and diesel stockpiles.

According to the U.S. Energy Information Administration's October Short-Term Energy Outlook published on October 6, the agency raised its fourth-quarter Brent crude oil forecast to $105 per barrel, a $14 increase from September's edition. The revision reflects 4.5 million barrels per day of shut-in

Rival Systems has added multi-condition alerts, custom severity levels, and targeted notifications to Rival Risk, connecting each warning to live account data and scenario analysis. The release turns the platform's alerting layer into a workflow for identifying, assigning, and investigating

Rival Systems has enhanced its Rival Risk platform with multi-condition alerts, custom severity levels and targeted notifications to help firms manage portfolio exposure across continuous markets. Users can combine account, position and risk conditions in a single rule, route alerts to designated st

According to sources, Belarus reduced vehicle fuel supplies to Russia in September.

According to two sources, the first liquefied natural gas production line at Qatar's North Field East expansion project is ready for operation, with first production expected to begin in November.

UBS raised its December crude oil price forecast by $5 per barrel on October 7, predicting Brent crude will reach $100 per barrel and WTI crude will reach $96 per barrel by year-end.

Trump administration policies including tariffs and military conflicts have driven inflation that is impacting AI-related stocks through rising interest rates. Energy and commodity price increases stemming from conflicts in oil-producing regions and tariff disputes with allies including Europe have

According to Guru Club, Brent crude oil rose over 1% intraday on October 7, trading at $101.18 per barrel.