Commodities (Crude Oil & Copper) & Macro Outlook

US liquefied natural gas (LNG) export companies are profiting from a widening price gap between American and European natural gas markets as Middle East conflict disrupts global energy supply. European benchmark TTF prices recently reached $24 per million British thermal units (MMBtu), more than

According to LNG Price Index as of September 23, European natural gas benchmark TTF prices hit $24 per million British thermal units (MMBtu), more than double the $10/MMBtu level seen in early 2026, driven by Middle East geopolitical tensions and constrained supply from Qatar. Meanwhile, U.S. natura

According to Saudi Foreign Minister Faisal at the 81st UN General Assembly on September 26, the Strait of Hormuz must be restored to its state before February 28, with no fees or restrictions imposed. Faisal emphasized that Gulf security is inseparable from regional and global

KODEX200, a Korean exchange-traded fund tracking the KOSPI200 index, delivered an 80.76% return from January 2 to September 20, rising from 60,460 won to 109,285 won and outperforming all major investment categories tracked by Daishin Securities. The ETF maintained its lead despite the KOSPI200 inde

According to Daishin Securities, KODEX 200 ETF, which tracks South Korea's KOSPI 200 index, delivered an 80.76% return through September 20, 2026, ranking first among major investment products year-to-date. The ETF's gain is 40.6 times higher than the 1.99% return on one-year fixed deposits. WTI

According to the CFTC, on September 24, the agency updated its crypto asset FAQ to permit futures commission merchants to invest client funds in licensed tokenized assets, provided the assets grant holders equivalent legal and economic rights to traditional forms and are held in compliant custody in

Sui announced that CME Group's micro futures now cover SUI and Sui ecosystem DeFi, according to Sui's X post today. The micro futures product provides the same risk management tools traditionally used in traditional commodity markets to crypto and DeFi

According to Jin10, on Monday, September 29, the U.S. Department of Transportation will finalize regulations significantly lowering fuel economy standards through 2031, reversing Biden administration policies that encouraged automakers to produce more electric vehicles. President Trump approved the

South Korean exporters are expected to see continued improvement in the fourth quarter, with the Export Business Survey Index (EBSI) rising to 111.3, up 4.3 points from the previous quarter and marking the fifth consecutive quarter above the baseline of 100, according to a report released on the 26t

According to the Korea Trade Association's International Trade and Commerce Institute on Sept 26, South Korea's Export Business Survey Index (EBSI) for Q4 2026 reached 111.3, up 4.3 points from Q3, marking the fifth consecutive quarter above the baseline of 100, which indicates improving export

According to Jin10, on September 27, Iran's Foreign Minister Araghchi stated that Iran will not compromise on its conditions and the opening of the Hormuz Strait depends on whether Iran's proposed conditions are met. He emphasized that Iran will not make concessions on these issues. Separately, U.S.

The KOSPI recovered to 7080.92 on September 23, erasing losses from a 3.26% drop on September 14, as AI investment sentiment improved despite foreign investors net selling 9.18 trillion won over eight trading days. Analysts attribute the rebound to easing Middle East tensions and interest rate

According to Financial News, South Korea's KOSPI index closed at 7,080.92 on September 23, recovering above the 7,000 level after a 3.26% drop to 6,684.37 on September 14. Foreign investors sold 9.18 trillion won in net over the past eight trading days, while semiconductor giants Samsung

According to Swiss Broadcasting Corporation SRF, Swiss National Bank (SNB) Chair Martin Schlegel stated on September 26 that this year's record temperatures have affected food prices, but are not driving inflation in Switzerland. Schlegel noted the SNB is closely monitoring heat impacts on food pric

According to Forbes and the Institute of International Finance, global debt surged by $10 trillion in the first half of 2026, reaching $365 trillion total, while U.S. dollar purchasing power has declined 23% since 2020. U.S. debt now exceeds $40 trillion, with annual interest payments reaching $1.27

According to Galaxy Research, the U.S. Commodity Futures Trading Commission (CFTC) released guidance this week on "Mention Markets"—prediction contracts tied to specific individuals' public statements and actions. Galaxy Research highlighted that such contracts carry structural manipulation risks di

According to Bloomberg, Trump administration officials are exploring measures on September 26 to address surging diesel prices, including suspending fuel taxes and removing sales restrictions on dyed diesel. Vice President Vance, Energy

According to Shanxi Radio and Television, on September 26, Shanxi Provincial Governor Lu Dongliang chaired a meeting on coal safety and stable production. He emphasized the need to reverse the declining coal output trend and accelerate the restart of coal operations while maintaining safety

Gassco, the operator of Norway's gas transport system, raised its forecast for planned gas outages from Sep 25 to 28 to 5.5 million cubic meters, up from a previous estimate of 4.7 million cubic meters.