Commodities (Crude Oil & Copper) & Macro Outlook

CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara clashed over prediction-market regulation during a Commodity Futures Trading Commission meeting on Thursday. Duffy raised concerns that some prediction-market contracts could be manipulated and questioned why Kalshi could offer a

According to Korean Economic TV's analysis on August 21, the U.S. dollar index fell to 98, marking a three-month low, despite rising Treasury yields globally. The dollar weakening amid higher rates signals renewed investor concern over fiscal sustainability rather than economic strength, prompting a

According to Kpler data, container shipping rates on the Europe line surged over 10% today (August 21), marking the highest level since early June, driven by escalating geopolitical tensions. Vessel transits through the Strait of Hormuz fell sharply to 7 on Thursday from 14 the previous day, with

According to Jin10 data, spot gold recovered to $4,500 per ounce overnight, rising 0.08%, while Shanghai futures gold gained 1.03%. U.S. initial jobless claims came in at 206,000 for the week, beating expectations of 210,000, signaling labor market strength. Earlier gains prompted some

According to Ukraine's railway company, grain shipments for export have declined 68% since August, totaling 324,000 tonnes. Ukraine's agricultural ministry warned that global wheat prices could rise by as much as $80 per tonne due to supply shortages in the Black Sea region. Meanwhile,

According to CME data, on Aug 20, energy and precious metals futures showed divergent performance in trading volume and open interest. WTI crude oil volume and open interest both increased—volume rose by 41,043 contracts to 768,271, while open interest grew by 10,686 contracts to 1,897,813. Brent cr

According to the China Non-ferrous Metals Industry Association Silicon Branch and AnTaike data, silicon wafer prices surged significantly this week. N-type G10L single-crystal wafers rose 40% to 1.12 yuan per piece, while N-type G12R wafers climbed 26.67% to 1.14 yuan per piece, and N-type G12 wafer

On August 21, Shanghai International Energy Exchange (subsidiary of Shanghai Futures Exchange) completed its first cross-border delivery of No. 20 rubber futures. A foreign standard warehouse receipt for 600 tons of No. 20 rubber was generated by offshore depository Taihua Natural Rubber (Public)

According to Daiwa Capital Markets analysts, the European Central Bank has benefited from limited indirect spillovers of energy shocks to other commodity prices, but this respite faces growing risks. As oil and gas wholesale prices have risen sharply in recent weeks, the likelihood of intensified in

US Stock Market News: On Thursday, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all closed lower. The decline followed what the source described as Bessent's one-day intervention, higher oil prices, Walmart's Q2 earnings miss, and pressure from rising Treasury yields.

According to BlockBeats, Bitget's TradFi derivatives contracts reached 150 million cumulative trades in August as of August 20, with a single-day peak of 13.64 million trades. The surge in trading volume reflects growing demand across traditional finance assets including equities, foreign

According to Kpler data, on Thursday (Aug 21), Hormuz Strait vessel traffic dropped to 7 tankers, down from 14 on Wednesday, amid escalating regional security concerns as US-Iran peace negotiations remain stalled. Among the vessels transiting the chokepoint, 4 entered the strait while 3

According to Jin10, on August 21 at 11:31 AM, Chinese futures markets saw mixed fund flows. Lithium carbonate 2701 recorded inflows of 1.916 billion yuan, while silver 2610 and gold 2610 attracted 1.729 billion yuan and 624 million yuan respectively. On the outflow side,

From 02:00 to 03:00 (UTC) on August 21, 2026, BTC experienced a slight one-hour pullback, posting a return of -0.34%. It traded within a range of 74,683.1–75,193.9 USDT, with an amplitude of 0.68%. Over the preceding 24 hours, BTC rebounded from $68,907 to a high of $75,784, gaining 7.52%, while heightened volatility drew significant market attention. The primary driver of this move was the continued escalation of geopolitical risks stemming from the US-Iran war. The Iranian military shifted fro

US stock futures edged higher in overnight trading late Thursday after a sharp selloff driven by rising Treasury yields. Dow futures climbed 0.01%, while S&P 500 futures and Nasdaq-100 futures gained 0.08% and 0.22% respectively at 10:09 PM EDT Thursday. The recovery followed Thursday's close

According to shipping data, traffic of vessels through the Strait of Hormuz slowed compared to the previous day, holding at single-digit levels.

According to Guru Club, on August 21, container shipping rates on the Europe route (main contract) rallied over 10% intraday to 1934 points, marking a new high since June 3.

According to Jin10 Futures, styrene prices in Jiangsu rose on August 21. The market rally was driven by strength in crude oil and benzene prices, with holders raising quotes. Current spot and quasi-spot quotes stood at 9,100-9,150 yuan/ton, according to Longzhong

According to Korea Customs Service, South Korea's exports reached 55.2 billion dollars in the first 20 days of August 2026, up 56% year-over-year and marking an all-time high for the August 1-20 period. On a daily average basis adjusted for 14.5 working days, exports rose 61.5% compared to the

Bloomberg reported on August 21 that code embedded in the U.S. iPhone version of TikTok’s app revealed that TikTok is developing a “DM-to-DM payments” feature that would allow U.S. users to send money directly through direct messages (DMs). Rival platform X is building a super app that includes cryptocurrency and stock trading, and some creators have tested financial features such as X Money. Feature Details Discovered in TikTok’s iPhone Code According to Bloomberg’s code analysis, TikTok’s P2P