Commodities (Crude Oil & Copper) & Macro Outlook

US stocks closed mixed on 8/11 Tuesday as the Philadelphia Semiconductor Index dropped 2.94% while the Dow Jones fell 0.11%, Nasdaq declined 0.32%, and S&P 500 lost 0.06%. The semiconductor sector weakened after Microsoft announced mass production plans for its proprietary Maia 300 AI chip, while

US stocks traded mixed on 08/10 10:21 EDT as the S&P500 rose 0.11%, the Nasdaq gained 0.05%, and the Dow slipped 0.12%. Energy stocks surged 3.01% on a sharp rally in crude oil, with WTI jumping 3.38% to $80.82 and Brent climbing 3.21% to $86.23, driven by supply-disruption concerns in the Hormuz

Germany's transport ministry is monitoring surging fuel prices as summer heat has reduced water levels, pushing costs higher in some regions, according to the ministry. Low water levels have restricted shipping capacity on key inland waterways, contributing to elevated fuel prices in affected

Brent crude oil surged back above $90 per barrel today, marking a notable recovery in global energy prices.

Oil prices rose 2% to more than one-week highs on August 11 as geopolitical tensions between the U.S. and Iran escalated, dimming hopes for diplomatic resolution. The uptick reflects market concerns over potential supply disruptions amid strained U.S.-Iran

Trump Media charges trading firms up to $1.2 million annually for early access to posts on Truth Social through a product called Truth API, according to reports. The service provides hedge funds with millisecond-level advance access to presidential communications before public release, with Trump

According to Jin10 Futures, copper concentrate spot TC prices hit near 5-year lows on August 11, 2026, amid persistent supply tightness. Grasberg's integrated smelter halted operations over the weekend due to boiler leakage, adding to supply disruptions. Shanghai and London copper inventory

The U.S. Department of Commerce's Bureau of Industry and Security (BIS) recently issued a temporary final rule restricting exports of black mass and tungsten scrap without a license.

According to the Wall Street Journal, the Trump administration would consider withdrawing from potential Iran conflict if Tehran fully reopens the Strait of Hormuz without requiring a nuclear agreement, based on private discussions with senior staff revealed yesterday. Iran has raised its

According to a Twitter post, Bessent's crude oil trading team began their shift at 1:30 AM EST, indicating the team does not take summer holidays and continues operations during the summer period.

On 08/10 at 13:31 KST, the KOSDAQ index surged 6.24% to 848.62, triggering the year's 31st buy-side sidecar circuit breaker. The KOSPI rose 0.65% to 6,299.64. The rally stemmed from Fed rate cut expectations after US July jobs data weakened, driving buying in semiconductors and biotech.

According to market data, US stock indices declined on August 11, with the Nasdaq Composite down 0.32%, the S&P 500 down 0.06%, and the Dow Jones Industrial Average down 0.11%. The Philadelphia Semiconductor Index fell 2.94%, pressured by concerns over semiconductor sector circular rotation

According to Egyptian authorities, the Mellieha natural gas facility located in the Western Desert will commence operations next month with a production capacity of 100 million cubic feet per day.

Oil prices surged over 5% overnight as the US strategic petroleum reserve fell below 300 million barrels, its lowest level since 1983. Iran demanded six conditions for reopening the Hormuz Strait—including lifting maritime blockades, removing sanctions, and providing damage compensation—bringing

According to Jin10 on August 11, Deutsche Bank economists predict U.S. July gasoline prices will fall approximately 2%, with both headline and core CPI year-over-year growth declining by about 0.1%. Headline CPI is forecast to drop from 3.53% to 3.45%, while core CPI is expected to fall from 2.59% t

According to a Twitter user report, Iran hit another oil tanker in the Strait of Hormuz right before oil futures resumed trading. The incident comes as traders express optimism about a potential full reopening of the strategic

During its latest earnings call, Saudi Aramco's CEO stated the company suffered no material damage from Houthis attacks, according to the official statement.

Commodity markets displayed mixed performance as precious metals and energy advanced while copper declined 1.76%. The Korean won strengthened, creating favorable exchange rate conditions for Korean equities, while rising long-term interest rates in Korea introduced pressure on growth stocks. US mark

According to Javier Blas, German chemical companies including Covestro and BASF are now issuing force majeure letters to clients due to ultra-high energy costs, citing inability to fulfill contractual obligations.

During SpaceX's earnings presentation, Elon Musk highlighted a significant chip memory supply-demand imbalance, stating that DRAM supply is growing at an annual rate of 20% while demand surges over 200% annually, predicting prices will rise. SpaceX itself projects computing capacity demand of 10GW b