Commodities (Crude Oil & Copper) & Macro Outlook

According to Guru Club, on July 29, oil futures touched intraday highs after Trump commented on Iran. Following the statement, the S&P 500 index futures and Nasdaq 100 index futures turned negative.

According to a CME announcement, the Chicago Mercantile Exchange plans to launch futures and options contracts linked to professional and college sports events. The company is partnering with index provider FutureSports to develop the underlying indices. The contracts will be cash-settled with

Iran's Islamic Revolutionary Guard Corps fired ballistic missiles at a U.S. base near Jordan's Muwaffaq Salti Air Base at 5:45 p.m. ET on July 28, all intercepted by Patriot systems with no casualties, U.S. Central Command said. Iran claimed retaliation for U.S. actions against its interests. The st

According to CENTCOM, Iran's Islamic Revolutionary Guard Corps launched multiple ballistic missiles at a U.S. military position near Jordan's Muwaffaq Salti Air Base on July 28 at 5:45 p.m. ET. The command confirmed all incoming missiles were intercepted by Patriot air-defense batteries, with no

According to Jin10, WTI crude oil surged 5% to $82.24 per barrel intraday on July 29, while Brent crude oil rose 4.6% on the day.

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

WTI crude oil rose 5% intraday to $83.25 per barrel on July 29. Brent crude oil climbed nearly 5% to $85.88 per barrel during the same session.

According to Iranian military official cited by Fars News, Iran's military announced on July 29 that the Strait of Hormuz remains completely closed to all vessels. Any ships attempting to pass through, particularly those ignoring warnings, will face swift and decisive

According to Jin10, New Zealand's government approved a 12-year offshore oil and gas exploration license in the Taranaki Basin on July 29, marking the first permit granted since lifting its ban on new fossil fuel exploration last year. Resource Minister Shane Jones called the decision an

Brent and WTI crude oil prices rose more than 3% on Wednesday as U.S.-Iran tensions renewed supply disruption concerns across the Middle East. Brent crude futures climbed $2.70, or 3.2%, to $86.79 a barrel, while West Texas Intermediate futures gained $2.65, or 3.3%, to $81.91 as of 6:45 a.m. GMT. T

According to Reuters, Yemen's Houthi militants are considering imposing fees on commercial vessels transiting through the southern Red Sea, as reported on July 29. The move comes after the group announced a maritime embargo against Saudi Arabia on July 20, expanding attacks on oil tankers beyond the

According to market data, Brent crude futures rose 3.2% to $86.79 per barrel and WTI gained 3.3% to $81.91 as of 6:45 a.m. GMT on Wednesday, reversing part of Tuesday's decline as renewed U.S.-Iran tensions sparked renewed concerns over Middle East supply disruptions. The rally followed U.S.

According to two sources, Russia is preparing to extend its diesel export ban through August, though the ban could be lifted earlier if domestic supply conditions improve.

According to an announcement by E DAIM Fund Management on July 29, the company's Easeasy Crude Oil Securities Investment Fund (QDII), Class A RMB shares (ticker: 161129) is trading at a significant premium to its net asset value on secondary markets. The fund manager issued a formal reminder to

According to Jin10 Futures, since mid-to-late July, outbound transfers of Xinjiang cotton to inland regions have slowed, with warehouse inventory pressures declining across monitoring and delivery warehouses in Aksu, Kashgar, and Kuytun. As of July 20, Xinjiang's commercial cotton inventory had

At 12:00 a.m. on July 30 (Beijing time), the Fed will release its July FOMC meeting decision. This will be the second FOMC meeting since Fed Chair Kevin Wosch took office, and it may well be the most difficult to predict in recent years. The CME FedWatch tool shows that, as of July 29, the probability that the market is pricing in the Fed keeping the policy rate unchanged in the 3.50% to 3.75% range is 70.6%, and the probability of a 25-basis-point rate hike is 29.4%. This probability structure

Webull launched Managed Bond Portfolios through Webull Advisors, introducing robo-advised portfolios built from individual bonds rather than exchange-traded funds. Powered by fixed income infrastructure provider Moment, the offering allows U.S. retail investors to access professionally managed portf

According to Kyodo News, three Japan-related vessels departed the Persian Gulf through the Iran route.