Commodities (Crude Oil & Copper) & Macro Outlook

According to Yonhapinfomax, on July 28 (local time), South Korean President Lee Jae-myung held a business roundtable in São Paulo with over 40 executives from Korean companies including Hyundai Motor, Posco, Korean Air, Samsung Electronics, LG Electronics, Naver, and Hanwha Ocean, as well as

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to Jin10 Futures, China's domestic LPG prices fell to 5,913 yuan/ton as of July 28, down 92 yuan/ton or 1.5 percent from July 22, driven by continued weakness in crude oil futures. International oil prices have been declining steadily, dampening market sentiment and cooling demand for

According to Saudi state news agency, Saudi armed forces conducted airstrikes on Iranian-backed militias in Iraq on Wednesday in coordination with the U.S. Central Command. The militias are linked to previous attacks on Saudi oil facilities. Saudi Arabia stated the strikes exercise its right to

Korean treasury bond yields declined during the morning session as the stock market experienced sharp corrections, triggering risk-off sentiment among investors. The 3-year benchmark yield fell 0.8 basis points to 3.822%, while the 10-year yield dropped 1.2 basis points to 4.280% as of 11:11 AM.

According to the Japan Petroleum Association (PAJ), Japan's commercial crude oil inventories declined by 320,605 thousand liters to 10.8845 million kiloliters for the week ended July 25. Refinery BPSD utilization rate fell to 88.7% from 89.6% the previous week.

According to Allianz Investment, economist Paul Zanghieri recently expects the FOMC to maintain and potentially strengthen its hawkish stance amid persistent inflation and rising oil prices, with internal disagreements potentially opening the door to further tightening measures later this

According to Shanghai Steel Union, MMLC battery-grade lithium carbonate prices rose 600 yuan/ton to 145,400 yuan/ton this morning, compared with the previous day's closing price at 16:30.

According to Iran's state television, three tankers were struck and halted by Iran's Revolutionary Guards in the Strait of Hormuz hours ago after ignoring warnings, the Iranian military claimed.

According to Jin10, on July 24, Russia lifted the ban on Kazakhstan sulfur transit through Russian railways and ports, following an order signed by First Deputy Prime Minister Denis Manturov. Russian Railways notified subsidiaries to resume accepting sulfur shipments from Kazakhstan destined for Rus

SC crude oil main contract rose more than 2% during intraday trading today (July 29), currently trading at 551.20 yuan per barrel.

As of 09:30 Beijing time on July 29, WTI crude oil futures rose 4.18%, while U.S. natural gas futures declined 0.11%.

According to Gate's latest data, WTI crude oil rose 2.86% intraday on July 29, trading at $82.99 per barrel. Brent crude also gained, up 0.77% to $86.07 per barrel.

A survey of eight financial institutions projects South Korea's July exports will reach $97.83 billion, marking a 61.11% year-over-year increase and the second consecutive month exceeding $90 billion. Yonhap Infomax conducted the survey on the 29th, collecting customs-based export and import

According to Yonhap Infomax's survey of eight financial institutions on July 29, South Korea's July exports are projected to reach $97.83 billion, up 61.11% year-over-year and marking the second consecutive month above $90 billion. The forecast reflects sustained strong semiconductor demand driven b