Commodities (Crude Oil & Copper) & Macro Outlook

According to Yonhap News, on October 7, South Korea's government bond yields rose across medium-term maturities amid a rebound in international oil prices and higher U.S. Treasury yields. Three-year yields closed at 3.961%, up 2.8 basis points from the previous trading day, while 10-year yields rose

According to German media outlet Handelsblatt, diesel and gasoline supplies have temporarily run out at several gas stations in Germany's Rhineland region. The outages were caused by low Rhine River water levels coinciding with heightened fuel demand, placing pressure on supply chains in the

According to an EU memorandum from October 7, EU member states reached broad consensus Wednesday that no additional oil reserves need to be released following last week's Group of Seven announcement to release 100 million barrels of crude and diesel. Officials agreed at the member states' meeting th

According to Jinshi Data, Zimbabwe's state-owned Mutapa Platinum Group secured $100 million in funding today (October 7) to develop the Darwendale platinum project. The company has already begun civil construction works following the financing completion last month. The Darwendale project, located 65 kilometers west of Harare, holds an estimated 44 million ounces of platinum group metals and is expected to commence production in 2027.

According to President Volodymyr Zelenskyy, Ukraine struck two Russian oil facilities in the past 24 hours.

According to Kpler, Venezuelan crude oil shipments to India are forecast to double this month, reaching approximately 465,000 barrels per day, compared to 196,000 barrels per day in September. If all scheduled shipments arrive on schedule, this would mark the highest monthly volume since

According to foreign media reports, on October 7, Iraq devalued its currency by approximately 13 percent, adjusting the official dollar selling rate from around 1,320 Iraqi dinars to 1,520 dinars. The move comes as disruptions in the Strait of Hormuz have caused Iraqi crude oil exports to

German over-the-counter day-ahead power prices fell 27.2% recently to 140.50 euros per megawatt-hour, while French day-ahead prices dropped 38.8% to 116 euros per megawatt-hour.

According to Jin10, on Wednesday (Oct 7), European stock markets opened weaker, contrasting with overnight record highs on U.S. indices. Brent crude surged above $100 per barrel amid supply concerns from Houthi attacks on Saudi Arabia and Gulf storms. Simultaneously, 10-year U.S. Treasury yields

According to Fujairah Oil Industry Zone data, Fujairah Port's refined oil inventory fell 642,000 barrels to 7.574 million barrels for the week ending October 5. Breakdown by product: light distillates declined 1.057 million barrels to 559,000 barrels; middle distillates dropped 398,000 barrels to 2

According to Coingecko, Bitcoin fell 1.5% to $84,212 on October 7, while Ethereum dropped 3.0% to $2,617. Middle East tensions triggered by Iran's tanker attacks drove crude oil, U.S. Treasury yields, and the dollar higher, weighing on risk assets. Brent crude rose above $100 per barrel, and the 10-

The USD-JPY exchange rate rose in the Tokyo foreign exchange market on October 7. According to Yonhap Infomax, USD-JPY traded at 158.415 yen as of 1:57 PM, up 0.22% from the previous session. The rise was driven by dollar buying from Japanese importers, combined with weakened expectations for

According to Yonhap Infomax, the dollar-yen exchange rate rose to 158.415 yen today (October 7) in Tokyo afternoon trade, up 0.22% from the previous close, with an intraday high of 158.496 yen. The yen's weakness was driven by buying from Japanese importers and reduced market expectations for Bank o

According to Saxo Bank, during European-American trading hours on October 7, the S&P 500 marked its fourth consecutive record closing day, while the 10-year U.S. Treasury yield continued approaching its 24-year high. The bank noted that ongoing ship attacks in the Black Sea and Strait of Hormuz

According to two EU diplomats, the International Energy Agency (IEA) governing board will hold an informal meeting today at 1:00 p.m. local time to discuss a proposal to release oil and diesel reserves.

According to Financial Times, tanker captains navigating the Hormuz Strait currently earn up to $100,000 per month plus additional $50,000 bonuses, while regular crew compensation reaches 4–6 times normal levels, as escalating attacks on vessels in the region force ship owners to offer higher risk p

A May 5 (local time) news digest covers five distinct developments across politics, technology, commodities, retail, and workplace trends. Fox News reported on progressive Maryland residents supporting government seizure of private property for homeless housing, with 38% of Americans favoring a

According to Jin10, on October 7, IMF Chief Kristalina Georgieva urged government officials to control spending amid surging bond yields and historically elevated borrowing costs. She attributed recent global bond market turbulence partly to rising energy prices from Middle East conflict, which

According to Reuters, a Liberian-flagged Aframax tanker named Rea was struck by a naval drone attack off Sochi in the Black Sea on October 6, resulting in a major fire. The Russian Transport Ministry confirmed the incident, stating that all 23 Indian crew members aboard the oil-carrying vessel

According to CME data on October 6, gold futures showed strengthening market activity, with trading volume increasing by 11,894 contracts to 133,075 and open interest rising by 2,283 contracts to 398,061. In contrast, natural gas futures saw a pullback, with volume declining by 9,888 contracts to 3