Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10 Futures, Malaysian crude palm oil futures may fall at Tuesday morning opening on July 28, tracking losses in global commodity markets. Crude oil futures plunged nearly 9% following the U.S. suspension of airstrikes on Iran, with Brent crude sliding further during electronic

According to Yonhap Infomax on July 28, S-Oil's second-quarter operating profit is forecast to reach approximately 980 billion won, swinging to profitability from a loss in the same period last year, based on consensus from 10 securities firms. Revenue is projected at 12.63 trillion won, up 56.96% y

According to Axios, citing U.S. officials, on July 28, American officials stated that economic sanctions may ultimately inflict greater damage on Iran's government than military strikes. U.S. intelligence and open-source reports indicate deepening economic crisis within Iran, including gasoline

Korean corporate bond yields reached their highest levels in 2 years and 8 months on the 24th, with AA- rated 3-year bonds hitting 4.653% — the peak since November 14, 2023. The surge followed the Bank of Korea's rate increase from 2.50% to 2.75% on the 16th and escalating Middle East geopolitical r

From 23:30 to 23:45 (UTC) on July 27, 2026, BTC fell 0.31% within 15 minutes. The price ranged from 63,636.3 to 63,924.6 USDT, with a range of 0.45%. Over the past 24 hours, BTC dropped from a $65,744 high to around $63,741.9, for a cumulative decline of 2.59%, as market volatility intensified. The main driver behind this abnormal move was that Michael Burry expanded his short positions in chip stocks, prompting a retreat in hedging for risk assets. This well-known investor—famous for shorting t

According to traders, U.S. wheat futures fell on Monday (July 28) amid a crude oil crash, with Chicago wheat futures hitting a two-week low. KCBT hard red winter wheat futures held within Friday's trading range. The decline reflects easing market concerns about Black Sea port and shipping

On Monday, CBOT soybean futures closed sharply lower, with the benchmark contract declining 3.4% and erasing most of last week's gains. The decline was driven by a steep near-9% plunge in crude oil futures following the United States' decision to pause airstrikes against Iran over the weekend. The d

According to Baichuan Yingfu data, ethylene carbonate (VC), a key electrolyte raw material, surged 10% to hit a fresh high of 220,000 yuan/ton on July 27. Month-to-date, VC has gained 37.5%, reflecting continued supply-demand tightness in the

Korean Treasury futures declined in overnight trading on the 28th, with 3-year contracts down 3 ticks to 102.85 and 10-year contracts falling 9 ticks to 105.08, despite a sharp drop in international oil prices. The decline occurred as US Treasury bonds showed limited gains amid auction supply

According to Yonhap Infomax, South Korea's 3-year government bond futures fell 3 basis points to 102.85 overnight on July 28, while 10-year bond futures dropped 9 basis points to 105.08. International crude oil prices triggered the move, with Brent crude (September contract) plummeting 8.7% to $88.3

According to Guo Tai Hai Tong's research report, DRAM contract prices are expected to rise 13-18% and NAND contract prices 10-15% in the third quarter of 2026, extending a prolonged supply shortage across the storage industry. Based on TrendForce data, Q2 2026 saw DRAM contract prices jump 58-63% an

According to reports, Ukrainian grain exports remain in strong international demand despite transport halting at the Port of Greater Odesa on July 27, as Russia-Ukraine tensions escalated. Alternative shipments are being rerouted through the Danube River and Romania's Constanta Port, though the

From 22:30 to 22:45 (UTC) on July 27, 2026, BTC’s 15-minute candlestick saw a sharp drop of 0.60%, with a trading range of 64,157.2–64,598.3 USDT and an Ampl of 0.68%. Although BTC was up slightly over the past 24 hours—up 0.42% to $64,932 USDT—there was a significant pullback within this period. Trading volume was only about 190 BTC, the order book bid/ask depth ratio was 0.10, severe sell pressure dominated, and overall market participation was extremely low. The primary driver behind this sud

According to Guru Club on July 28, key market movements across Asian and global markets included: Apple regained the world's largest company by market capitalization as the semiconductor index fell over 2%; crude oil plummeted more than 8%, marking the steepest single-day decline in nearly two

According to Ukrainian officials and Russia's Defense Ministry, Ukraine conducted strikes on Russian oil facilities and export terminals in the Rostov region on July 28, killing two people and damaging infrastructure in the Yaroslavl and Udmurtia regions. Russian forces claimed to have shot

According to Guru Club, WTI crude oil fell 8.2% to approximately $81.96 per barrel on July 28, marking the largest single-day decline in two months. Brent crude also dropped to around $89. U.S. President Trump announced a pause on airstrikes against Iran to allow room for negotiations. In

The S&P 500 ended flat on Monday, while the Nasdaq 100 slipped 0.3% and the Dow Jones Industrial Average added 0.5%, as weakness in oil prices supported industrial stocks but AI concerns weighed on chip equities. ASML Holdings tanked 6% and the VanEck Semiconductor ETF fell 2% following a report th

Korean stocks showed muted response on the 27th despite announcements of $1.4 trillion in AI investment partnerships, with the KOSPI closing 0.97% higher at 6755.75. The limited market reaction stemmed from foreign investor profit-taking and investor caution ahead of US Big Tech earnings releases, c