Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, Deutsche Bank rate strategist Hauke Siemssen warned on August 24 that global bond markets remain vulnerable due to elevated oil prices and mounting fiscal concerns, with yield curves across all tenors testing multi-year highs. Siemssen expects upcoming U.S. PCE inflation data an

According to multiple strategists, U.S. Treasury yields face mounting pressure heading into Fed Chair Kevin Warsh's speech at the Jackson Hole economic symposium on Friday. The 30-year Treasury yield has surged to its highest level since 2007, despite Treasury Secretary Scott Bessent's

The Philippines' Department of Energy announced fuel price increases starting August 25, with gasoline rising by P1.08 per liter, diesel by P2.31 per liter, and kerosene by P0.95 per liter. The adjustments were disclosed during a press conference on August 24. The increases stem from global crude pr

According to the Department of Energy, fuel prices in the Philippines are set to increase starting Tuesday, August 25, marking the second consecutive week of hikes. The DOE announced on August 24 the following adjustments: gasoline will rise by 1.08 pesos per liter, diesel by 2.31 pesos per liter, a

Raw sugar prices reached 17.99 cents per pound on August 20, their highest level in more than a year, amid tightening global supplies. Benchmark raw sugar traded at 17.61 cents on August 21, up nearly 20% over the past month. India announced on August 20 it would allow 1 million metric tons of raw s

Shanghai Futures Exchange Europe-Asia shipping futures main contract rose 8% today, closing at 2,040 points.

According to Jin10, on August 24, Japan's nationwide power prices surged 20% from the previous week to reach 25.18 yen per kilowatt-hour on Monday, marking the highest level since January 2023, according to the Japan Electric Power Exchange. The spike is driven by extreme heat boosting electricity d

Iran threatened to target US private oil companies operating in the Middle East on the 23rd (local time), marking the first time Tehran has explicitly named civilian energy firms as potential attack targets. Mohsen Rezaei, Secretary of Iran's Supreme National Security Council, stated the threat

Norway's Energy Minister announced today that the country plans to maintain its current levels of oil and gas production and exports until at least 2035.

According to The Telegraph, Iranian security official Mohsen Rezaei threatened on August 23 to directly attack U.S. private oil companies in the Middle East, marking the first time Iran has explicitly targeted American energy firms. Rezaei stated through state media that if the Trump

According to Jin10 Futures, China's methanol market prices rose in August as international crude oil prices climbed throughout the month. Middle Eastern supply chain instability and reduced oil-based olefin output combined with increased coal-based olefin demand recovery drove domestic methanol pric

According to Kazakhstan's national oil company, the Pavlodar refinery maintenance plan has been postponed from 2026 to 2027, the state oil company reported via international news agency.

According to Financial Times, Saudi Arabia has discussed a state-backed war and political risk insurance program with London insurance brokers on August 24, aimed at protecting regional maritime trade amid conflict threats. The proposed insurance pool would provide vessels and cargo assets

Korean government bonds showed mixed performance on August 24 as foreign investors drove futures market gains while a bond auction produced split results. At 11:04 AM, the 3-year benchmark bond yield traded at 3.857%, up 0.2 basis points from the previous session's closing average, while the 10-year

At the beginning of this week, the energy market received a set of seemingly contradictory yet logically consistent signals: Traffic through the Strait of Hormuz surged nearly 400% within two weeks, while WTI and Brent crude oil prices fell by more than 1% in response. This price movement clearly shows that the market is pricing in a marginal easing of supply disruption risks. However, when we shift our focus from the headline figure of “400%” to the detailed traffic data released by the United

According to Guru Club, U.S. Treasury Secretary will hold a press conference on Aug 25 at 02:00 Beijing time to announce what has been described as the "most severe sanctions in history" against Iran. Oil prices fell over $1 per barrel on Monday as investors sold off ahead of the expected

According to Financial Times, Shell is seeking to sell its underperforming U.S. chemical assets valued at up to $8 billion, significantly below the $14 billion the company has invested. The assets include a major chemical complex in Monaca, Pennsylvania that began operations in 2022. Potential

US Stock Market News: Last Friday, U.S. stocks rebounded as the Dow Jones Industrial Average rose 0.98% to 53,277.01. The move came after the U.S. composite PMI for August rose to 56.0, a four-year high, easing concerns about an economic slowdown. Stock Market News Today also centered on Nvidia's earnings report and the Jackson Hole central bank symposium, after the S&P 500 and Nasdaq posted their first weekly losses in four weeks and the Dow fell for a second consecutive week.

According to Guru Club, on August 24, China's domestic futures markets closed mostly higher in morning trading, with container shipping routes to Europe rising over 7%. Ethylene glycol surged over 5%, coke gained nearly 4%, and coking coal, lithium carbonate, caustic soda, and Shanghai gold each

U.S. stock futures traded mixed late Sunday night, with Dow futures up 0.04%, S&P 500 futures up 0.05%, and Nasdaq-100 futures down 0.07% at 10:31 PM EDT. The movements came as investors awaited a Monday announcement of Iran sanctions by U.S. Treasury Secretary Scott Bessent, who posted over the