Commodities (Crude Oil & Copper) & Macro Outlook

According to Yonhapinfomax, the USD-KRW exchange rate traded at 1,343.40 won on October 6, down 0.60 won from the previous Seoul market close, as the U.S. dollar strengthened against major global currencies. The dollar index reached approximately 102, marking an 18-month high. The euro weakened to

According to the World Bank, on Tuesday, the bank released its East Asia and Pacific Economic Outlook warning that economies in the region adopted more aggressive energy subsidy measures than other areas in response to rising global oil prices driven by the U.S.-Iran conflict, but these measures are

According to Jin10, U.S. Vice President Vance said on Monday that the Alaska natural gas project will proceed despite South Korea conditioning its participation on commercial viability. "I think this is definitely going to happen. Of course, some details still need to be finalized, and South Korea h

According to Bloomberg, on Monday, October 5, President Trump signed an executive order to relax restrictions on tax-exempt red-dyed diesel fuel, allowing any person to purchase it for any reason as a pre-election measure to address

According to market intelligence firm Kpler, crude oil transiting the Strait of Hormuz averaged 10.3 million barrels daily over the past 7 days as of Saturday, representing just 76% of pre-war baseline

As of 9:30 AM Beijing time on October 6, gold futures on the New York Mercantile Exchange rose 0.16%, while silver futures fell 0.20% and copper futures gained 0.31%.

According to Quantum Global CEO Kim Jun-young, U.S. 10-year Treasury yields recently broke above 5%, with potential to reach 8.1% if multiple adverse conditions converge—including accelerating inflation expectations, rising oil prices, and additional Federal Reserve tightening. The analyst

According to Nikkei, Vietnam's government extended multiple tax exemptions through December 31 to address energy supply disruptions caused by Middle East conflicts and help curb inflation. The exemptions on environmental tax, aviation fuel tax, value-added tax, and import duties will result in a

Daesin Securities issued a report on October 6 projecting KOSPI could reach 7500-7700 if the index stabilizes above the 7100 level, following its recovery to 7000 on October 2 after five trading days. The securities firm identified oil price stability as the remaining key variable after Micron's

According to Daishin Securities' report on October 6, South Korea's KOSPI index could surge to 7500-7700 if it breaks above and settles at 7100, with oil price stability as the critical variable. Samsung Electronics' Q3 operating profit is expected around 104.6 trillion won, following Micron's

West Texas Intermediate traded near $89 a barrel on Oct. 6, extending its decline for a second day after falling 3.7% over the previous two sessions, while Brent closed around $100 a barrel. The drop followed recovery in crude exports from the Persian Gulf and a sharp selling price cut by Saudi

According to State Pipeline Corporation, Ningxia's crude oil export pipeline exceeded 2 billion tonnes of cumulative oil shipments on October 6. The energy corridor has operated safely for 48 years, continuing to support optimal allocation of oil and gas resources and high-quality regional

WTI crude fell to $89 per barrel today, while Brent traded near $100, both down roughly 2%, after the G7 announced the release of strategic petroleum reserves over the weekend. The move provides near-term relief to oil markets amid Middle East tensions. Meanwhile, the euro weakened to a 17-month

According to CNBC, Saudi Aramco CEO Amin Nasser said on October 5 at the Energy Intelligence Conference in London that global crude oil inventory could take up to two years to rebuild after supply disruptions from the U.S.-Iran conflict. Nasser stated that since February, approximately 3 billion

The three major US stock indices closed higher on local time 5th despite rising long-term Treasury yields, driven by strong buying in artificial intelligence-related stocks. The Dow Jones Industrial Average rose 0.18% to 51,267.90, the S&P 500 gained 0.66% to 7,773.95, and the Nasdaq Composite

West Texas Intermediate (WTI) crude oil for November delivery fell $1.68 (1.84%) to close at $89.43 per barrel on October 5 (US Eastern time) on the New York Mercantile Exchange, while Brent crude for December delivery dropped $1.93 (1.89%) to $100.32. The decline marked the second consecutive day o

Korean Air and South Korean low-cost carriers (LCCs) are projected to report diverging Q3 operating results, driven by the presence or absence of cargo operations amid sustained high oil prices. According to Q3 estimates compiled by FnGuide, Korean Air's operating profit is expected to reach 305.3 b

On Monday, October 5, spot gold rose 0.03% to $4,142.46 per ounce, displaying an M-shaped intraday pattern with a high of $4,170.41 and low of $4,123.44. Spot silver climbed 1.18% to $61.0753 per ounce, while COMEX copper futures gained 1.36% to $6.6380 per pound. State Street Metals & Mining ETF a