Commodities (Crude Oil & Copper) & Macro Outlook

According to CNN, Saudi Arabia's oil pipeline was struck on Thursday, Sept. 10.

From 15:45 to 16:00 on September 11, 2026 (UTC), BTC fell rapidly over 15 min, with Return % reaching -1.18%, a price range of 77,322.3 to 78,660.8 USDT, and an Ampl of 1.70%. Macroeconomic bearish factors were released in a concentrated wave, intensifying market volatility. The primary driver of this abnormal move was stronger-than-expected U.S. August PPI data. U.S. August PPI rose 5.4% year over year, core inflation remained above the FED's target, and services inflation stayed stubbornly hig

From 15:00 to 16:00 (UTC) on September 11, 2026, BTC fell 0.36%, trading within a range of 78,510.7 to 78,836.0 USDT, with an Ampl of 0.41%. Amid the escalating US-Iran conflict and higher-than-expected US PPI data, sentiment toward risk assets came under pressure. BTC briefly fell to an intraday low of $76,022 before rebounding, bringing its 24-hour Rise % to approximately 2.02%. Overall, BTC followed a “fall first, then recover” pattern, while market volatility intensified significantly. The p

US stocks staged a broad rebound Friday, with the S&P 500 gaining approximately 0.9%-1%, the Nasdaq Composite rising roughly 1%, and the Dow Jones Industrial Average climbing around 500 points. The rally occurred despite August consumer inflation rising 0.4% month over month and 3.4%

According to the U.S. Department of Agriculture (USDA), the agency projected ending wheat inventories for the 2026 crop year at 717.77 million bushels, compared to analyst expectations of 717.77 million bushels and the USDA's previous forecast of 717 million bushels.

According to USDA, U.S. cotton ending stocks are projected at 3.6 million bales, down from the department's prior estimate of 4 million bales, and below analyst expectations of 3.79 million bales.

Russia has banned diesel exports, removing approximately 800,000 barrels of daily supply from global markets, according to energy analysts and data platform Kpler. The ban coincides with Ukraine's intensified drone strikes on Russian energy infrastructure, which have knocked out roughly 40% of Russi

According to the U.S. Department of Agriculture, the nation's corn ending stocks for the 2026 crop year are now estimated at 1.51 billion bushels, down from the department's previous forecast of 1.653 billion bushels. The new projection aligns closely with analyst expectations of 1.508 billion bushe

According to the U.S. Department of Agriculture (USDA) report on September 11, the U.S. soybean ending stock forecast was lowered to 310 million bushels, down from the previous estimate of 320 million bushels. The forecast came in higher than analyst expectations of 291.37 million bushels.

ICE UK natural gas futures fell 2.71% to close at 199.520 pence/therm on Friday (September 11), gaining 11.67% for the week. TTF Dutch natural gas futures, the European benchmark, declined 2.78% to 80.147 euros/megawatt-hour, up 10.13%

According to Bloomberg Television, Jeff Currie, founder and CEO of Real Macro and former Goldman Sachs strategist, forecasts U.S. average gasoline prices will almost certainly reach $5 per gallon before the midterm elections due to tightening supply and currency depreciation. Currie noted that

From 14:30 to 14:45 on September 11, 2026 (UTC), BTC plunged 0.50% over the 15-minute period, with its price retreating to the 78,562.9–79,046.3 USDT range and an Ampl of 0.61%. BTC had rebounded for two consecutive days, gaining approximately 2.58% over the past 24 hours, before short-term technical overbought signals triggered profit-taking. The main drivers of this move were escalating geopolitical conflict in the Middle East and hotter-than-expected U.S. inflation data. The U.S. military car

According to Venezuela's interim president Rodriguez, Venezuela will share oil and gas resources with Suriname as of September 11. The statement reflects regional resource cooperation efforts between the two neighboring

According to Jin10, on Sept 11, Hungary announced fuel subsidies of 20,000 forint (approximately $64) per diesel vehicle through year-end, with monthly distributions of 5,000 forint. Prime Minister Viktor Orban said the measure targets approximately one million vehicles with engines under 150

According to Saudi Arabian logistics magazine Middle East Logistics, only 6 vessels transited the Bab el-Mandeb Strait on September 10, down sharply from 30 vessels on September 9, following Houthi forces' capture of the Red Sea port city of Mokha. Ship traffic on September 8 and 7 totaled 26 and 29

From 13:30 to 13:45 UTC on September 11, 2026, BTC rebounded rapidly over 15 min, with Return % reaching +0.45%. The price ranged from 77,257.6 to 77,934.8 USDT, with an Ampl of 0.87%. BTC rebounded from the intraday low of $76,022.7 and is currently offered at $79,348.1, up 2.69% over 24 hours, indicating that Bids entered after short-term selling pressure eased. Order Book data showed that the top-five buy-to-sell depth ratio reached 7.74, with an extremely high concentration of Bids, providin

On September 11, 2026, from 13:00 to 14:00 (UTC), BTC opened at $77,037.3, fell to a low of $76,022.7, and then rebounded to close at $78,032.2, with a candlestick Return % of -0.40% and an Ampl of 0.60%. Despite the daily candlestick closing lower, BTC still maintained a 2.69% 24-hour Rise %, indicating intensified Short-term volatility while overall Bids remained supportive. The main drivers of this move were the combined effects of escalating geopolitical risks and hotter-than-expected US inf

According to Wind data, Northern Copper's stock price fell to 14.74 yuan per share with a 10.01% decline on September 11. The company attributed the drop to multiple factors, particularly the decline in international copper prices, as its primary product is cathode copper. Northern Copper noted it h

The European Central Bank unanimously raised its three key policy rates by 25 basis points on September 10, according to Yonhapinfomax. Bundesbank President Joachim Nagel told CNBC the central bank remains at the upper end of a neutral policy zone and does not rule out entering a gradual

According to Jin10, the Dutch government lowered its natural gas storage target on September 11 in response to Middle East tensions and to ease wholesale price pressures. The Dutch climate ministry set the new target at 64% of storage facility capacity, down from 74% previously. The new lower target