Commodities (Crude Oil & Copper) & Macro Outlook

According to OECD, the organization revised down its global economic growth forecast to 3% for 2026 (from 3.1% predicted in June), as artificial intelligence-driven infrastructure investment offsets near-term headwinds from Middle East-related commodity price shocks. However, OECD warned that

According to Yonhapnews, on September 23, South Korean government bond yields fell across the board as international oil prices declined overnight. The 3-year maturity yield closed at 4.006% annually, down 3.4 basis points, while the 10-year yield fell 6.9bp to 4.392%. Brent crude futures

According to Zhengzhou Commodity Exchange, the exchange recently released a public consultation on new sunflower oil futures and options contracts and futures business rules. The official announcement was published on the exchange's

According to U.S. Trade Representative Jamieson Greer this week, China's fulfillment of key commitments under the U.S.-China trade truce is advancing at markedly different speeds ahead of the Trump-Xi summit scheduled for Thursday. China has purchased approximately 12

According to OECD, energy prices have risen recently due to production and export disruptions in Gulf economies, while elevated refining margins have further pushed up consumer prices and business costs. Agricultural prices have also surged in recent months, partially driven by extreme weather

According to the OECD, near-term inflation is expected to rise due to climbing commodity prices, reflecting broad price pressures in the near period. The organization forecasts a gradual moderation by 2027 as energy prices decline and monetary policy tightening helps contain broader inflationary pr

According to Tickmill analyst Patrick Munnelly, the Bank of England may still raise interest rates in November on September 23, as elevated oil prices continue to fuel inflation concerns. LSEG data shows investors price a 66% probability of a rate hike at the central bank's November meeting,

According to Reuters and Longzhong Information, methanol futures declined sharply on September 23 as escalating U.S.-Iran negotiation signals fueled expectations of easing geopolitical tensions. MA2611 contract fell over 4% by midday, with nightly losses of 0.78% in prior session, as Brent oil

According to Dalian Commodity Exchange (DCE) data released by Jin10 Futures on September 23, chemical futures warehouse receipts showed mixed movements: polyethylene fell 52 units to 4,245 units; polyvinyl chloride (PVC) declined 730 units to 119,590 units; polypropylene decreased 426 units to 27,42

The OECD global economic outlook interim report, Eurozone September manufacturing PMI flash estimate, and UK LME copper, aluminum, and nickel inventory changes as of September 23 will be released shortly.

According to Jin10 Futures, today China's energy sector futures fell sharply, with crude oil and asphalt futures contracts declining over 4%. The main driver is easing geopolitical tensions in the Middle East, particularly signals that Saudi Arabia is set to restore half of its crude oil shipping ca

According to Bloomberg, on Tuesday Saudi Arabia loaded supertankers carrying approximately 12 million barrels of oil at its major Persian Gulf export facility. Satellite imagery confirmed that the loading activity occurred at the kingdom's primary offshore oil terminal, marking another phase in

The dollar index rose against major currencies on the 23rd, reaching 100.712 with a 0.18% gain as of 1:48 PM, marking its highest level since July 30th. The dollar strengthened as declining international crude oil prices reduced tightening expectations for major central banks outside the United

According to Yonhap Infomax, on September 23 in Asian trading, the dollar index rose to 100.712, up 0.18% from the previous close, marking its highest level since July 30. The intraday peak reached 100.729. The dollar strengthened as crude oil prices fell, reducing expectations for monetary

CFTC Chairman Michael Selig said on 22 September that U.S. markets must be readied for mass tokenisation, telling the U.S. Treasury Market Conference in New York that the next decade will likely bring more change to financial markets than the previous several decades combined. Selig stated this

According to CFTC Chairman Michael Selig on September 22, U.S. markets must be readied for "mass tokenisation", onchain finance and 24/7 trading. Speaking at the U.S. Treasury Market Conference in New York, Selig said the next decade will bring more change to financial markets than the previous

European natural gas futures fell 3.7% on Wednesday (Sept. 23), trading near three-week lows amid concerns over low inventory levels ahead of the end of the refilling season. Market sentiment shifted following signals that U.S.-Iran diplomatic talks are advancing, lifting expectations for a

According to Ukrainian Agriculture Minister Taras Vysotskyi on September 22, Ukraine has suspended grain exports through Black Sea ports due to port blockades. In a video statement, Vysotskyi said grain exports from the Odesa region have halted completely as of that date, according to CCTV

According to Jin10 and Shanghai Futures Exchange data released on September 23, most metal futures warehouse inventories decreased on the day. Aluminum warehouse inventories fell 12,067 tons to 157,328 tons, marking the largest decline among major contracts. Copper, zinc, lead, nickel, and tin inven