Commodities (Crude Oil & Copper) & Macro Outlook

According to Petrobras executives, the oil discovered in the Amazon region shows high quality, though further analysis is required. The company has identified three additional drilling locations in the

On Monday, August 17, at the New York close, spot gold rose 0.91% to $4,416.25 per ounce, holding near the $4,400 level. Spot silver surged 1.72% to $65.7945 per ounce, having broken above its 50-day moving average on August 7. Meanwhile, COMEX copper futures declined 0.11% to $6.7070 per

According to Iran's semi-official Pars News, a UAE tanker was detained in the Hormuz Strait on August 17. The vessel was halted near Keshm Island, based on maritime navigation data cited by the news agency. Pars News did not disclose which entity detained the tanker or the specific reason for the de

US President Donald Trump expressed dissatisfaction with Iran negotiations on the day the Memorandum of Understanding (MOU) between the two countries expired, stating Iran wants an agreement but not the kind he requires. Speaking to reporters at the White House, Trump responded to questions about re

According to이데일리, on August 17, U.S. stock indices fell sharply as oil prices surged above $90 per barrel amid stalled U.S.-Iran negotiations. The spike in crude drove up inflation concerns, pushing 30-year Treasury yields to 5.31%, the highest level in 19 years. Middle East tensions

US stocks fell on August 17 (local time) as the 60-day ceasefire between the United States and Iran expired without a diplomatic breakthrough. Iran rejected extension talks for a memorandum of understanding, with a senior Iranian official telling Reuters the country would shift to an aggressive

On Monday, August 17, U.S. real estate ETF fell 0.88% and the Treasury 20+ year ETF dropped 0.84%, leading declines across major U.S. asset class ETFs. The Dow Jones ETF, S&P 500 ETF, and Russell 2000 ETF each fell up to 0.49%, while the Nasdaq 100 ETF declined 0.16%. Among gainers, gold ETF

Crypto stocks including Strategy and MARA Holdings gained on Aug. 17 as bitcoin held above $63,000, separating from broader U.S. equity indexes that declined during midday trading. Near midday Aug. 17, the Nasdaq Composite was down about 56 points, the Dow Jones Industrial Average had shed

On Monday, August 17, ICE cocoa futures surged 5.28% to $6,078 per ton, while London cocoa futures climbed 4.69%. The broader commodity complex also advanced, with ICE raw sugar up 1.81%, ICE white sugar up 2.37%, and Arabica coffee futures

According to Bloomberg, CBOT soybean futures rose 1.97% to $12.16 per bushel on August 17, while soybean oil futures surged 2.62% on the day. The Bloomberg Commodity Index grain classification climbed 1.14% to 32.4651 points. CBOT corn futures gained 1.19% to $4.89 per bushel.

U.S. Energy Secretary Pete Wright said the government will announce measures in the coming days to help refineries increase fuel production.

According to Shanghai Futures Exchange data, the SGX crude oil futures contract 2609 rose 4.91% during the overnight session on August 17, closing at 596.50 yuan per barrel. Shanghai gold rose 0.41% and Shanghai silver rose 0.82% in the same session.

According to Jin10, at the overnight close on August 18, Shanghai gold futures rose 0.41% to 958 yuan/gram, Shanghai silver futures gained 0.82% to 16,134 yuan/kg, and SC crude oil futures surged 4.91% to 597

The Federal Reserve, US Treasury, and Bank of Japan have driven the US Dollar Index (DXY) below its 200-day Exponential Moving Average near 99.50 following a collapse in market expectations for a September interest rate increase, the expiration of a 60-day diplomatic framework for the Strait of

According to FinanceFeeds data, the US Dollar Index (DXY) fell below its 200-day Exponential Moving Average near 99.50 on August 17, driven by three converging factors. First, softer domestic economic reports—including retail sales contraction and cooling Consumer Price Index and Producer Price Inde

Mark Cuban declared over the weekend that 'chips as an asset class will be the new crypto.' The Dallas Mavericks owner and Cost Plus Drugs founder referred to high-end semiconductor chips, particularly the GPUs powering artificial intelligence systems, which have become critical infrastructure for t

WTI crude oil climbed 3.0% today to $83.97 per barrel, while Brent crude oil advanced 3.0% to $91.18 per barrel.

Oman has intensified efforts to contain an oil spill from the stranded tanker Caroline Bezengi, which is grounded off the coast of the Dhofar/Hallaniyat Islands. The spill originated following an apparent explosion on the vessel, a sanctioned tanker carrying Russian crude. The oil has reached the ma

According to Middle East Eye, Omani authorities recently intensified containment efforts for an oil spill originating from the stranded Russian crude tanker Caroline Bezengi off the Dhofar/Hallaniyat Islands. The spill has already reached Oman's mainland coast, prompting focused efforts to

WTI crude oil futures intraday gains reached 2.00% today, with prices trading at $84.05 per barrel.