Commodities (Crude Oil & Copper) & Macro Outlook

US consumers face mounting pressures from essential living costs despite strong August retail sales figures, according to KB Securities analysis. August retail sales in the US rose 1.2% month-over-month, with core retail sales excluding volatile items like gasoline, automobiles, and building

According to KB Securities, U.S. retail sales rose 1.2% month-over-month in August, with core retail sales (excluding volatile items) climbing 1.4%. However, rising energy prices and rent burdens—accounting for an increasing share of household income—are eroding real purchasing power in other

According to Guru Club, on Sept 23, China's crude oil futures fell below 680 yuan per barrel during intraday trading, down over 20% from recent highs and declining more than 4% for the day. The main contract dropped below the 700 yuan per barrel level after touching a record high on Sept

According to Jin10, the Trump administration is considering approving 30 of approximately 300 stalled wind energy projects awaiting Pentagon review on Sept 24, in exchange for Democratic support on broader energy approval reform legislation. Senate Environment Committee ranking Democrat Sheldon

According to Guru Club, U.S. Treasury Secretary Bessen stated on September 24 that as much as 17 million barrels of crude oil pass through the Hormuz Strait daily.

According to Guru Club, U.S. diesel prices rose 1.2% on September 24, as traders weigh the potential impact of possible U.S. export restrictions on the fuel market.

According to Bloomberg, India lifted its wheat export ban in late August, prompting Bangladesh to resume large-scale purchases from its western neighbor. Importers have ordered over 200,000 tons of Indian wheat since the ban's removal—marking the first significant wheat sales from India to Banglades

According to SMM data, rare earth element (REE) prices surged on September 22-23, driven by supply tightness. Praseodymium-neodymium oxide prices rose ¥5,000 per ton, while praseodymium-neodymium metal prices increased ¥7,500 per ton on September 22. Prices eased slightly on September 23 but

On September 23, the People's Bank of China announced an 800 billion yuan medium-term lending facility (MLF) operation alongside daily reverse repo injection capacity of up to 1 trillion yuan. Simultaneously, the U.S. Treasury planned to repurchase long-term government bonds, driving U.S. Treasury y

While South Korean markets close for the Chuseok holiday, U.S. equities will remain active, with a slate of key economic indicators set to influence global markets and Korean stocks upon reopening. On September 24, the U.S. will release initial jobless claims and new home sales data. Of particular f

US Treasury prices fell sharply on September 23 (US Eastern time), with the 10-year yield rising 14.70 basis points to 5.1140%—the first time above 5.10% since July 2007. The selloff was driven by S&P Global's September composite PMI jumping to a 62-month high of 58.4, a poorly received 5-year Treas

According to Jin10, Houthi forces claimed on September 23 that 408 commercial vessels transited the Bab al-Mandeb Strait between September 11 and 21, despite ongoing fighting in the strategic waterway connecting the Red Sea and the Gulf of Aden. According to a statement carried by

On September 23, U.S. Treasury Secretary Bessent stated that oil prices will decline significantly over time. According to the official disclosure, energy prices have not yet transmitted to core inflation metrics. Data from the Purchasing Managers Index (PIM) released on the same date indicated tha

On Thursday Asian trading session, WTI crude futures opened 0.7% higher, trading near $93 per barrel. Market participants are closely monitoring renewed tensions involving Iran.

US stock indices declined on September 23 (local time) as oil prices and Treasury yields surged, with the Dow falling 0.68%, the S&P 500 dropping 0.75%, and the Nasdaq declining 1.13%. Brent crude oil futures surpassed $100 per barrel after US-Iran negotiations at the UN General Assembly on Septembe

On Sept. 23, the U.S. stock market declined as Treasury yields and crude oil prices surged. The Dow Jones fell 0.68%, the S&P 500 dropped 0.75%, and the Nasdaq Composite slid 1.13%, with tech stocks leading the selloff. Brent crude futures broke above $100 per barrel amid geopolitical tensions,

The Trump administration is preparing a plan to ban diesel exports for 90 days, according to a Politico report citing five sources on the 23rd (US Eastern Time), while Iranian President Masoud Pezeshkian declared at the UN General Assembly that Iran will not yield to Trump's threats. The reported di

According to Politico on Sept 23, the Trump administration is preparing to ban diesel exports for 90 days to lower energy prices ahead of midterm elections, citing five sources. WTI crude for November delivery rose $1.64 (1.81%) to $92.16 per barrel, while Brent crude climbed $3.83 (3.86%) to $103.0

On Wednesday September 23, U.S. equity and commodity ETFs retreated broadly, with Emerging Markets ETF sliding 2.01%, Russell 2000 Index ETF declining 1.84%, and Gold ETF falling 1.8%. Broader equity indices also weakened, including Nasdaq 100 ETF down 0.84%, S&P 500 ETF off 0.72%, and Dow ETF

Following a worker fatality on Wednesday, BHP's Escondida copper mine in Chile has suspended all mining operations, according to a company statement. The employee died while performing maintenance work at the site. Escondida, the world's largest copper mine by production, supplies a significant