Commodities (Crude Oil & Copper) & Macro Outlook

On September 29, during a speech at the Andrew W. Mellon Auditorium in Washington, D.C., Trump stated the U.S. will not cooperate with China on artificial intelligence, saying the country is already ahead and must maintain that advantage. "If we do a joint venture with China or cooperate with

According to Reuters, citing two sources familiar with the matter, the White House has urged the European Union to release emergency diesel reserves to lower global fuel prices on September 30. The Trump administration is exploring multiple measures to reduce fuel costs before November's midterm ele

According to LME data, copper futures closed up $26 at $14,438 per ton today, while tin surged $412 to $54,198 per ton—the strongest gains on the day. Nickel fell $221 to $15,958 per ton, aluminum dropped $38 to $3,214 per ton, and lead declined $4 to $1,898 per ton. Zinc rose $18 to $3,870 per ton,

The US-China tariff agreement reported on September 29 excluded liquefied natural gas, leaving major LNG price benchmarks largely unaffected. Walter Bloomberg reported that the agreement did not include LNG provisions, resulting in minimal immediate impact on JKM, the Northeast Asia LNG spot benchma

From 15:00 to 16:00 UTC on September 29, 2026, BTC declined approximately 0.39% in the short term, with its price ranging from 83,363.8 to 83,762.6 USDT and an Ampl of 0.48%. Market volatility was limited, but multiple bearish macro signals combined to put overall risk assets under pressure. The main driver of this move was a marked contraction in macro risk appetite. On the one hand, expectations of a Fed rate hike in October rose rapidly, with CME FedWatch data showing that the probability of

According to the U.S. Department of Energy, on September 29, the agency announced it will release up to 40 million barrels from the Strategic Petroleum Reserve.

US Treasury bond prices rose on the morning of September 29 (US Eastern Time), pushing yields lower across maturities. The 10-year Treasury yield fell 2.00 basis points to 5.220%, while the 2-year yield dropped 0.60 basis points to 4.918%, according to Yonhap Infomax's overseas interest rate

The European Union confirmed on September 29 that crude oil supply across the bloc remains stable despite elevated diesel and jet fuel prices. Walter Bloomberg reported that the Oil Coordination Group held a meeting that day to review regional crude supply conditions. The review found no supply

From 15:00 to 15:15 (UTC) on September 29, 2026, BTC’s 15-minute candle closed 0.39% lower, with prices fluctuating between 83,363.8 and 83,762.6 USDT—a 0.48% range. Its 24-hour gain stood at 1.30%, amid generally low-volatility, low-volume trading. The move lacked a crypto-native catalyst and was driven primarily by macroeconomic and geopolitical factors, combined with a technical rebound. Trump rejected Iran’s proposal to reopen the Strait of Hormuz, pushing Brent crude above $105 per barrel a

According to Yonhap Infomax, on September 29 (U.S. Eastern Time), the U.S. 10-year Treasury yield fell 2.00 basis points to 5.220% from the previous trading day's 3 p.m. close, while the 2-year yield declined 0.60bp to 4.918%. The 30-year yield dropped 1.60bp to 5.546%. The decline was driven by a

ICE cotton futures for December delivery fell 4% today, breaking below 80 cents per pound and marking the lowest intraday level since July 30.

North Sea crude varieties supporting the Brent benchmark are expected to supply an average of 514,000 barrels per day in November, up 3.2% from 498,000 barrels per day in October, according to shipping

As of 23:00 close on September 29, China's futures market showed mixed performance across major contracts. Synthetic rubber led gains with a 5% surge, followed by No. 20 rubber and rubber up over 3%, and soybean oil and soybeans up nearly 2%. On the downside, low-sulfur fuel oil (LU), liquefied

According to state news agency Xinhua, Kuwait International Petroleum Company (Q8) announced on September 29 that it will implement price caps on gasoline products at its Italian gas stations starting October 1 for one month. Italian energy company Eni and Azerbaijan's State Oil Company (SOCAR)

US stock market's three major indices showed mixed trading in a narrow range as of 9:47 AM local time on September 29, with the Dow Jones Industrial Average up 68.40 points (0.13%) to 51,413.11, the S&P 500 rising 0.52 points (0.01%) to 7,684.21, and the Nasdaq Composite gaining 7.53 points (0.03%)

U.S. President Donald Trump stated on September 29 that Iran is collapsing badly and the situation will soon be over. Trump made the remarks as reported by BlockBeats, a cryptocurrency-focused media outlet. He added that oil prices would fall sharply in response to the deteriorating situation in Ira

According to BlockBeats, on September 29, U.S. President Donald Trump stated that Iran is in serious collapse and will be resolved soon. Trump added that oil prices will fall sharply.

According to Yonhapinfomax, as of 9:47 a.m. local time on September 29, the three major U.S. stock indices showed mixed movements, with the Dow Jones Industrial Average gaining 68.40 points (0.13%) to 51,413.11, the S&P 500 up 0.52 points (0.01%) to 7,684.21, and the Nasdaq Composite rising 7.53 poi

According to Morgan Stanley Chief Economist Xing Ziqiang on September 29, the global macroeconomy has reached a critical turning point. The U.S. faces a policy predicament: fiscal dependency on debt, persistent inflation pressures, and geopolitical entanglement in technology regulation. Xing