Commodities (Crude Oil & Copper) & Macro Outlook

US stock markets rose on August 21 (local time), with the Dow Jones Industrial Average gaining 0.98%, the S&P 500 advancing 0.43%, and the Nasdaq Composite climbing 0.43%. Investors engaged in bargain-hunting after significant declines earlier in the week, despite continued upward pressure on

South Korea's Financial Services Commission twice delayed its plan to expand the Last Liquid Point (LLP) for insurers from 20 years to 30 years, a regulatory change first announced in August 2023. The delays occurred as market interest rates declined initially, then surged unexpectedly, creating

According to Yonhapinfomax, on August 21 (New York time), U.S. equities rose on bargain-buying after days of losses. The Dow Jones advanced 0.98%, while the S&P 500 and Nasdaq each gained 0.43%. The 10-year Treasury yield climbed 4 basis points to 4.738%, and the dollar index fell 0.052 points to 98

According to Guru Club, on August 24, Chicago corn futures hit their highest level since 2023.

According to analysts from Guangfa Futures and Guotai Junan Futures, container shipping rates defied seasonal declines in July-August 2026. Despite typical summer slowdowns, major routes—including U.S., South America, and Middle East-India-Pakistan lines—showed counter-seasonal price gains. Export o

According to Jin10 citing Exxon Mobil's statement, a laundry room fire aboard the Liza Unity floating production, storage and offloading vessel (FPSO) offshore Guyana on August 24 forced the company to temporarily suspend facility operations. The fire was quickly extinguished. The suspension has

According to the New York Times on August 23, Republican lawmakers are distancing themselves from Trump's recent economic and trade policies ahead of the 2026 midterm elections. GOP senators Ashley Hinson, Chuck Grassley, and Tim Sheehy have opposed Trump's plan to reduce beef import tariffs by up t

According to Jin10 Futures, CBOT soybean oil December futures rose 0.9% for the week ending August 21, 2026. The gains reflected surging crude oil prices, declining soybean oil inventories, and disrupted Black Sea vegetable oil exports due to Russia-Ukraine conflict escalation. Crude oil strength t

XTB's Indonesian operation launched commodity CFD trading on August 20. The launch followed SPA Approval No. 01/BAPPEBTI/SPA/07/2026 from Indonesia's Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti). Clients can now trade CFDs on gold, silver, palladium, oil, and natural gas through the XTB

According to XTB, on August 20, the brokerage launched commodity CFD trading in Indonesia following Bappebti approval, enabling clients to trade CFDs on gold, silver, palladium, oil and natural gas through the XTB app. The expansion adds leveraged products to XTB's existing Indonesian platform,

According to overseas brokers, the dollar-won 1-month NDF in New York fell to 1,385.80 KRW (mid-price) on August 21 (UTC), down 0.55 KRW from Seoul's spot market close of 1,386.50 KRW after adjusting for swap points. Bid-ask spreads were 1,385.60-1,386.00 KRW. The decline reflected ongoing

According to U.S. Treasury Secretary Steven Mnuchin, the United States will formally announce unprecedented economic isolation measures targeting Iran on August 24. The sanctions will employ secondary measures against countries and companies conducting business with Iran, focusing on three

According to Jin10, Iran threatened on August 23 to cut oil exports from the Strait of Hormuz and Persian Gulf region if the U.S. implements economic sanctions. U.S. Treasury Secretary Bessent confirmed the specific measures will be announced on August 24.

According to Guru Club, on Monday in Asia-Pacific early trading, WTI crude oil futures fell 0.68% to $86.467 per barrel, while spot gold rose 0.31% to $4,618.86 per ounce.

WTI and Brent crude oil opened lower by 0.3 per barrel on Monday, with prices at $85.97 and $91.96 per barrel, respectively.

According to Iran's Supreme National Security Council Secretary Reza Zaeif, on August 22, any country participating in economic restrictions against Iran will be viewed as an enemy. Zaeif warned the world not to join the United States in an economic war against Iran, describing the Trump

Canadian Prime Minister Chrystien Freeland announced on August 22 that equivalent retaliatory tariffs on U.S. goods will take effect on September 8 in response to American tariffs. The move follows U.S. imposition of 50% tariffs on C$200 billion in Canadian goods. The retaliatory measures will

According to Iranian National Security Council Secretary Rezaei, today (August 23), Rezaei stated that if economic warfare continues, no oil will be exported from the Strait of Hormuz and the Persian Gulf. He added that Iran will consider any country's participation in or support for U.S. economic s

According to Iran's Strait of Hormuz Authority, on August 24, the body announced that vessels violating Iranian regulations for passage through the Strait of Hormuz will face penalties including fines, seizure, or confiscation of cargo on subsequent transits. Cargo owners with destinations or

According to market sources, Russia is set to receive its first shipment of seaborne gasoline from Turkey, with approximately 200,000 barrels en route. Russian seaborne gasoline imports have surpassed 1 million barrels since late