Commodities (Crude Oil & Copper) & Macro Outlook

According to Chinese investment bank CITIC Securities, lithium inventory fell this week to its lowest level of the year, with 865,000 tons and a weekly drawdown of 75,000 tons—the 8th consecutive week of inventory reduction. A sample survey of 27 battery manufacturers by Baichuan Yingfu showed Chin

According to Jin10, ICE canola futures closed sharply lower on Monday, Aug 25, with the benchmark contract falling 3.57% and hitting its lowest level since Aug 7. The November contract declined more than 28 Canadian dollars per tonne. The decline was driven by renewed U.S. tariffs on Canadian

The USD-KRW exchange rate traded in the mid-1,380 won range as the forex market absorbed news of US-Canada trade tensions and the US announcement of economic sanctions against Iran. At 6:00 AM, the rate stood at 1,383.20 won, up 0.80 won from the previous Seoul trading session close of 1,382.40 won,

According to market data, Bitcoin rose on August 24 as gold and the U.S. dollar strengthened and oil prices declined. The move occurred as the S&P 500 and Nasdaq declined, with semiconductor stocks under pressure, including a seventh consecutive decline for Nvidia. U.S. Treasury yields also fell

Korean Treasury bond futures declined in overnight trading on August 25, with trading volumes significantly lower than usual. The 3-year bond futures closed at 103.20, down 2 ticks from the previous day's regular session close, while 10-year futures fell 7 ticks to 105.43, according to the Seoul bon

According to Yonhap Infomax, on Aug 25 overnight, Korean government bond futures declined amid significantly thin trading activity. The 3-year futures fell 2 ticks to 103.20, while 10-year futures dropped 7 ticks to 105.43. Trading volumes collapsed to just 15 and 18 contracts respectively,

According to official announcements on August 24, China's central bank conducted overnight reverse repo operations and 500 billion yuan medium-term lending facility (MLF) injections. Meanwhile, e-commerce platform Pinduoduo reported second-quarter net profit of 27.2 billion yuan, marking strong oper

According to Guru Club, on August 25, WTI crude futures for October delivery fell 2.4% to settle at $85.01 per barrel, while Brent crude futures for the same period declined 2.4% to $92.17 per barrel. Traders balanced U.S. sanctions aimed at isolating

According to Guru Club, on August 25, former U.S. President Donald Trump stated that the United States urgently needs aluminum and primarily imports it from Canada.

According to Korea Economic TV, the U.S. announced today an unprecedented 'complete financial isolation' sanctions package targeting Iran as part of an economic warfare strategy. The announcement includes a warning to Chinese banks involved in Iranian crude oil trading that "there are no

US Treasury Secretary Scott Bessent announced new comprehensive sanctions against Iran on the 24th (US Eastern Time), triggering the first decline in New York oil prices after a 7-day winning streak. West Texas Intermediate (WTI) crude for

US stocks closed mixed on August 24 (local time) as semiconductor stocks declined despite falling Treasury yields. The Dow Jones Industrial Average rose 0.26% to 53,417.16, while the S&P 500 fell 0.28% to 7,652.86 and the Nasdaq Composite dropped 0.77% to 25,980.19. NVIDIA declined nearly 3%,

U.S. stocks opened lower Monday, Aug. 24, with semiconductor and technology shares leading declines as investors prepared for Nvidia earnings Wednesday, new U.S. sanctions on Iran and a key inflation report later this week. The Dow Jones Industrial Average fell 15.1 points, or 0.03%, to 53,261.95 at

RoboMarkets Ltd paid €100,000 to settle with the Cyprus Securities and Exchange Commission over possible violations involving organisational requirements, client communications, appropriateness assessments and the marketing of contracts for differences to retail investors. CySEC announced the settle

On Monday (August 24), U.S. equity and commodity ETFs showed mixed performance, with Brent oil fund dropping 1.9%, emerging market ETF down 1.5%, and soybean fund falling 1.14%. Meanwhile, gold ETF rose 0.79%, U.S. real estate ETF gained 0.62%, and U.S. long-duration Treasury ETF climbed 0.62%, wit

According to the U.S. Department of Agriculture, soybean crops in the U.S. rated 60% good to excellent last week, while corn crops rated 57% and cotton crops 37%.

According to Bloomberg and CBOT data, on August 24, CBOT corn futures rose 1.28% while soybean oil futures fell 3.16% during New York close. CBOT soybean futures declined 1.23% to $12.2550 per bushel, whereas soybean meal futures gained 0.80%. Wheat futures increased 0.21%, lean hog futures rose 0.3

According to Jin10, Shanghai Gold (Au) main contract closed up 0.61% at 1,006 yuan per gram, Shanghai Silver (Ag) main contract closed down 0.65% at 16,775 yuan per kilogram, and SC crude oil main contract closed down 0.98% at 588 yuan per barrel as of 2:30 AM on

U.S. crude oil futures settled at $85.01 per barrel overnight, declining $2.05, or 2.35% from the previous close.

Shanghai Futures Exchange crude oil 2610 contract fell 0.98% overnight to 587.8 yuan per barrel. Shanghai gold rose 0.61%, while Shanghai silver declined 0.65% during the same session.