Commodities (Crude Oil & Copper) & Macro Outlook

China's domestic futures contracts declined broadly during early morning session today (September 29), with No. 20 rubber futures dropping over 3%, containerized freight European route and crude oil (SC) falling nearly 3%. Eggs, polysilicon, rubber, ethylene glycol (EG), platinum, palladium, and

According to Avalanche, Goldman Sachs has introduced its $100 billion Treasury bond fund FTIXX to Avalanche's permissioned chain Lynq. Lynq is a private permissioned layer-1 deployed on Avalanche and currently hosts over 30 institutional participants including B2C2, Wintermute, Galaxy, FalconX, and

According to Algeria's Presidential Palace, OPEC Secretary General Haitham Al-Ghais said on September 28 that the Algiers Agreement, reached a decade ago, remains significant for oil market stability and demonstrates the value of unity and cooperation. Speaking in Algiers following a meeting with Al

According to Jin10 Futures, crude oil prices surged yesterday after reports that U.S. President Trump rejected Iran's interim proposal and indicated preference for resuming military action against Iran following the midterm elections. Oil subsequently retreated from session highs after Saudi

According to Chen Bangxun, spokesperson of China's Ministry of Agriculture and Rural Affairs, the live pig supply-demand situation has continued to improve in the second half of 2026, with prices stabilizing above 11 yuan per kilogram despite recent fluctuations. The ministry plans to monitor

According to Goldman Sachs' September 28 report, the U.S. economy's resilience is underestimated. The bank maintained its 2026 GDP growth forecast at 2.2%, only 0.3 percentage point lower than its January prediction, with third-quarter growth expected at 3.4%, near the potential rate of 2.3%.

According to bond market sources, on Sept 28-29, South Korea's government and public bond money market fund (MMF) negative spreads widened beyond -0.12%, with some major funds among 25 tracked showing negative premiums. A negative spread indicates market interest rates on underlying bonds have

According to Shanghai Steel Union, battery-grade lithium carbonate (MMLC) spot price fell to 120,750 yuan/ton in early trading today, down 1,000 yuan/ton from yesterday's 4:30 PM close.

South Korean government bond futures opened slightly higher on September 29, with 3-year futures rising 4 ticks to 102.07 and 10-year futures gaining 1 tick to 103.36 as of 9:01 AM. The rebound followed an excessive selloff the previous day, when yields surged over 10 basis points and futures

Allianz Group published its 2026-2028 economic forecast on the 28th (local time), projecting the Federal Reserve will raise interest rates once more this year to 4.00-4.25% before beginning cuts late next year once inflation approaches the 2.0% target, with a terminal rate of 3.50% by 2028. The fore

According to Yonhap Infomax, as of 9:01 a.m. today (Sept. 29), South Korea's 3-year bond futures rose 4 ticks to 102.07, while 10-year contracts gained 1 tick to 103.36. The uptick followed yesterday's sharp decline, with foreign investors buying over 2,199 3-year contracts while selling 81 10-year

According to Gate data, Brent crude oil (XBRUSD) broke through $104 per barrel to trade at $104.01, up 0.9% in the last 24 hours.

South Korea's diesel exports from January to August reached $17.708 billion, nearly matching last year's full-year total of $17.78 billion, according to Korea National Oil Corporation's Petronet. The export surge occurred despite government restrictions limiting petroleum product exports to

According to Korean National Oil Corporation's Petronet, South Korea's diesel exports reached $17.78 billion in the first eight months of 2026 as of September 29, approaching last year's full-year total of $17.8 billion. The volume totaled 129.82

UBS forecasts a clear divide between bond market winners and losers as interest rates continue rising, according to a report cited by CNBC on the 28th local time. The bank attributes this divergence to credit spreads widening alongside government bond yields, with higher rates amplifying the gap bet

Brent crude climbed to $99 per barrel today, gaining 0.72% intraday.

According to Jin10, as of 09:30 Beijing time on Sept 29, WTI crude oil futures rose 1.14%, and U.S. natural gas futures gained 0.97%.

According to Jin10 Futures, as of 09:30 Beijing time on September 29, NYMEX gold futures fell 0.15%, silver futures dropped 1.00%, and copper futures declined 0.23%.

Bitcoin (BTC) continued to retreat, trading at around $82,920 on Sept. 29. After spending $143 million to purchase Bitcoin and $152 million to repurchase STRC, Strategy set a record by holding 847,666 Bitcoin. The U.S. Securities and Exchange Commission (SEC) updated its token buyback FAQ, stating that a buyback arrangement without a centralized entity may not constitute an investment contract. Macro Events & Crypto Hotspots According to Cryptopolitan, Strategy spent $142.7 million to purchase 1

According to Jinlian Creative, on Sept 29, China's domestic gasoline and diesel prices are projected to decline by 180 yuan per ton based on a -2.40% change rate in the second working day of the current cycle. The reference crude oil price stands at $99.30 per barrel, with the next pricing