Commodities (Crude Oil & Copper) & Macro Outlook

According to Guru Club, U.S. gasoline retail price fell below $4 per gallon on June 16, marking the first time since mid-April. The decline was driven by U.S.-Iran accord signed on Monday, which prompted a sharp drop in crude oil prices, with a decline exceeding $4 per barrel. The market views the $

The U.S. dollar weakened on Monday (June 15) after the U.S. and Iran announced a temporary peace agreement, with the dollar index (DXY) falling 0.1% to 99.68. The accord, which aims to end a conflict lasting over three months, sparked reduced safe-haven demand and boosted risk appetite, lifting

New Zealand's food price index increased 1% on a monthly basis in May, compared with no change in the previous month, according to official economic data.

According to Bloomberg, on June 15, global hedge funds have repositioned portfolios ahead of the anticipated U.S.-Iran peace agreement signing on Friday (June 19), shifting capital into short-duration U.S. Treasuries, Asian currencies, and emerging market equities that were oversold during the

According to NOAA estimates, there is a 90% probability that El Nino will occur this year, with a 25% chance of an extremely strong episode. The phenomenon is expected to disrupt global agricultural production and push commodity prices significantly higher, potentially undermining investment

According to Guru Club, during Tuesday's Asia-Pacific early trading on June 16, WTI crude oil futures climbed 0.45% to $79.799 per barrel. Spot gold prices rose 0.05% to $4,311.01 per ounce, while U.S. equity index futures showed modest gains, with Dow Jones futures

According to Guru Club, on June 15, U.S. crude futures declined sharply. WTI July contracts fell 4.87% to $80.75 per barrel, while Brent August contracts dropped 4.76% to $83.17 per barrel. Abu Dhabi Murban futures fell 7.48% to $76.81 per barrel, approaching its March 3 low

According to Bloomberg, IG4 is seeking to acquire enough debt to gain control of over 50% of Raizen, a Brazilian sugar and ethanol producer in financial distress.

According to Jin10, U.S. inflation accelerated to its fastest pace in over three years in May, though economists believe the trend has likely peaked. Following news of a temporary Iran-U.S. agreement, oil prices fell and equity markets rallied. "The overall trend is downward," said Andrew

According to Jin10 Data, the spot delivery price at the Waha hub in Texas, a key indicator of shale basin natural gas prices, turned positive at 35 cents per million British thermal units on Monday, marking the first time since February that prices have moved above zero. The price had been

On Monday, Latin American equities and currencies diverged as markets digested the U.S.-Iran framework peace agreement, which boosted global risk appetite and lowered oil prices. Brazil's real depreciated 0.2% against the dollar, while the country's main stock index fell 0.4%, dragged down by

According to Iranian authorities on June 16, five Iranian vessels, including three oil tankers and two cargo ships carrying essential supplies, successfully breached the U.S. maritime blockade. Tracking data confirmed that a super-tanker is en route from international waters to Iranian ports after p

South Korea's export price index rose 46.9% year-on-year in May, according to official data released in June. The prior month's figure was revised upward to 41.3% from the previously reported 40.80%.

On Monday (June 15), emerging markets ETF surged 3.29%, leading major U.S. equity asset classes. Nasdaq-100 ETF gained 3.14%, followed by Barclays U.S. Convertible Bond ETF up 2.70%, and Gold ETF up 2.59%. The S&P 500 ETF rose 1.76%, Dow Jones ETF climbed 1.05%, and Russell 2000 Index ETF

On Monday, June 15, Emerging Markets ETF led major U.S. ETF classes with a gain of 3.29%, followed by Nasdaq-100 ETF up 3.14%, Barclays U.S. Convertible Bond ETF up 2.70%, gold ETF up 2.59%, and S&P 500 ETF up 1.76%. Russell 2000 Index ETF and Dow Jones ETF gained 0.82% and 1.05% respectively. On th

On June 15, the Bloomberg Commodity Index rose 0.49% to 29.4444 points, according to Bloomberg data. Chicago Wheat futures gained 0.76% to close at $6.0025 per bushel. Arabica Coffee futures surged 2.37%, while Robusta Coffee rose 0.34%. New York Cocoa futures jumped 3.36% to $3,998 per ton, with

According to Bitstamp data, Bitcoin breached $67,000 for the first time in nearly two weeks on June 15, with an intraday high of $67,253, triggering $198 million in short liquidations in 24 hours. The move followed a U.S.-Iran agreement that saw Tehran pledge to reopen the Strait of Hormuz, easing g

WTI July crude futures fell $4.13, or 4.87%, to close at $80.75 per barrel today. Abu Dhabi Murban crude futures dropped 7.48% to $76.81 per barrel, approaching a 3-month low of $76.26 set on March 3.

Shanghai Futures Exchange crude oil contract (2608) fell 1.96% in the night session to 531.20 yuan per barrel. Shanghai gold gained 1.77% while Shanghai silver rose 2.49% overnight.