Commodities (Crude Oil & Copper) & Macro Outlook

Indonesia's President announced that state-owned enterprise Danantara Sumberdaya will soon manage all strategic commodity exports, beyond its current mandate of overseeing palm oil, coal, and ferroalloy.

According to Jin10 Futures, China's asphalt national average price this week reached 4,513.86 yuan/ton, up 4.26 yuan/ton or 0.09% week-over-week. Oil prices rallied amid ongoing geopolitical tensions in the Middle East, with the Strait of Hormuz remaining closed, providing cost-side support for asph

On August 14, Russian agricultural authorities tightened oversight of genetically modified rapeseed, tightening expectations for future edible oil supplies and driving gains in edible oils and oilseeds. Concurrently, precious metals declined notably as hawkish central bank commentary offset

According to Vice President Vance's interview with Fox News on Thursday, the U.S. has shifted its primary war objective in Iran from preventing nuclear weapons development to lowering fuel costs for American consumers. Vance stated that ensuring affordable gasoline for Americans is now the "top

According to European Energy Exchange (EEX) data released on August 14, Japan's electricity futures trading volume surged in July, with short-term contracts on the country's largest trading platform posting over 10,000 lots—nearly double compared to the same period last year. The exchange marked

Jeremy Siegel of WisdomTree said the Federal Reserve will likely skip a September rate hike if oil holds near $80 a barrel. Siegel, a professor emeritus of finance at the Wharton School, spoke as the S&P 500 topped 7,800 for the first time this month. The outlook followed this week's inflation

According to Jeremy Siegel, senior economist at WisdomTree and professor emeritus at the Wharton School, the Federal Reserve will likely skip a rate hike in September if oil remains near $80 a barrel. Siegel's assessment follows this week's softer inflation reports, with the Consumer Price Index rel

Daiwa Institute of Research released findings on the 14th analyzing Donald Trump's policy reversals through a composite 'TACO Index' (Trump Always Caves Out), concluding that the pattern represents a structural response mechanism to market and public pressure rather than inconsistent behavior. The i

According to Shanghai Steels, battery-grade lithium carbonate (MMLC) prices hit 151,600 yuan/ton in early trading today, up 2,250 yuan/ton from yesterday's 16:30 closing level.

Meralco chairman Manuel V. Pangilinan expressed skepticism about nuclear energy economics in the Philippines on Thursday, August 13, despite political momentum for its revival. Pangilinan cited high capital costs as a barrier, estimating nuclear construction at around $7 million per megawatt

WTI crude oil fell below $80 per barrel today (August 14), declining 0.57% in intraday trading.

According to Jin10, Guizhou released a three-year action plan on August 14 to boost unconventional natural gas production, targeting output exceeding 9 billion cubic meters in 2026, 17 billion in 2027, and 22 billion in 2028, with self-sufficiency reaching 60% by 2030. The province plans to

Coffee futures emerged as a standout investment in financial markets, gaining 13% over the recent 3 months and outperforming semiconductor ETFs and the S&P 500, according to CNBC on August 13. The surge was driven by persistent demand despite record-high production levels, compounded by supply

According to CNBC on August 13, coffee futures surged 13% over the past three months, outpacing the Vaneck Semiconductor ETF (up 2.2%) and the S&P 500 (up 4.1%). Jefferies analyst Kalamil Gazroualla noted Arabica coffee prices have rebounded, rising roughly 30% since June amid supply constraints. A

According to Fox News, on August 13, Chicago Federal Reserve President Austan Goolsbee stated that recent U.S. inflation indicators have shown "some improvement." Goolsbee said that if headwinds from tariffs and rising oil prices linked to the Iran conflict subside, inflation could return to a

As of 9:30 AM Beijing time on August 14, WTI crude oil futures rose 0.11%, while U.S. natural gas futures gained 0.66%.

According to Vice President JD Vance in a Fox News interview yesterday (August 13), maintaining low oil prices for American consumers is the top priority in addressing Iran, while preventing Tehran from acquiring nuclear weapons ranks as the second objective. Vance noted that recent oil prices

Today’s Summary: The S&P 500 hit a new all-time high as PPI cooled, but the bond market was unimpressed—$25 billion in 30-year Treasuries was auctioned at a 5.216% yield, the highest financing cost since 2001. AI hardware capital shifted from optical modules to memory, with SanDisk’s long-term contracts supporting an 80% gross margin and igniting the sector. Silver Lake is in talks to acquire Workday, as private equity begins picking up “AI-discounted” software. Three threads point to the same a

The Korean government upgraded its economic assessment on August 14, stating that the recovery trend is strengthening as exports surged and domestic demand improved, according to the Ministry of Economy and Finance's August Green Book report. June data showed industrial production rose 2.3% month-ov

According to South Korea's Ministry of Economy and Finance on August 14, the country's economic recovery strengthened in recent months. June production, consumption, and investment all increased simultaneously, while July exports surged 62.8% year-over-year driven by semiconductors, computers, and s