Commodities (Crude Oil & Copper) & Macro Outlook

According to Bahrain News Agency, on July 27, Bahrain condemned unmanned drone attack attempts originating from Iraqi territory and targeting oil facilities in Saudi Arabia, describing them as terrorist

UK natural gas futures (ICE) fell 10.75% to 137.550 pence/therm during Monday's European close on July 27, while Dutch TTF benchmark futures dropped 9.52% to 57.005 euros/megawatt-hour. Asia-Pacific trade opened lower and continued to decline, with TTF extending losses through 22:00 UTC. EU carbon a

On Monday (July 27), ICE UK natural gas futures fell 10.75% to 137.550 pence/therm during European market close. TTF Dutch natural gas futures dropped 9.52% to 57.005 euros/MWh. EU carbon emission allowances (futures) declined 1.30% to 81.78

Italian Prime Minister Giorgia Meloni announced on July 27 that the government has implemented a decree to immediately reduce diesel prices, citing international geopolitical tensions as the driver of rising fuel

From 2026-07-27 16:30 to 16:45 (UTC), BTC edged slightly higher within 15 minutes, with a yield of +0.29%. The price range was 64,734.6–64,967.4 USDT, with an amplitude of 0.36%. The daily chart closed nearly flat (-0.03%), with a filled amount of only 377.4 BTC. Ahead of the Fed’s July rate decision, the market is in a wait-and-see mode, and both long and short forces are temporarily balanced. The main driver behind this move is the macro hedging effect stemming from a pause in attacks in the I

According to LME data, multiple base metals closed with mixed moves on July 27. Copper rose $88 to $13,732 per ton, while tin surged $560 to $54,341 per ton. Aluminum gained $8 to $3,168, zinc climbed $20 to $3,612, and lead added $4 to $1,891. Nickel declined $166 to $17,213, while cobalt closed

According to Bloomberg sources, Egypt's state-owned energy company EGPC locked in LNG shipments for August delivery yesterday amid soaring temperatures and peak summer electricity demand. The company also purchased additional cargoes from existing suppliers to meet urgent needs as domestic

According to Al Jazeera, Kuwait condemned drone attacks on Saudi Arabia's oil facilities. The statement reflects regional concerns over escalating security incidents in the Gulf region.

According to Yonhapinfomax, U.S. Treasury prices surged on July 27 as oil prices declined sharply following a ceasefire between the U.S. and Iran. The 10-year Treasury yield fell 3.10 basis points to 4.648%, while the 2-year yield dropped 0.70 basis points to 4.324%. WTI crude oil futures for

SC crude oil futures contract fell 4.00% during intraday trading on July 27, with the main contract now trading at 542.40 yuan per barrel.

Average yields on the Bloomberg Global Treasury Index climbed to 3.68%, the highest level since the 2008 global financial crisis, days before rate decisions from the Federal Reserve, Bank of Japan, and Bank of England. Strong US employment and growth data flipped rate expectations from cuts to

In the night trading session, fuel oil fell approximately 3.5%, leading losses among commodities tracked. Soda ash and coking coal declined over 2%, while LPG dropped 1.7% and iron ore fell 0.3%. In contrast, japonica rice closed flat, and rubber and natural rubber futures rose as much as 0.27%.

According to AgRural, Brazil's central-southern region corn harvest reached 60% as of last Thursday (July 24), below the year-ago pace of 68%. The agricultural consultancy cited rain returning to key producing regions including Paraná, Mato Grosso do Sul, and southern São Paulo as the primary

According to a pricing notice released by Yinwei Lithium Energy today (July 27), China will resume consumption tax on lithium batteries and lithium-ion accumulators effective September 1, 2026. The company announced it will pass the new tax cost to customers, marking the first formal

According to Bloomberg Intelligence analysts Alon Olsha and Salma Belmaachi, a recent power outage in Chile may result in approximately 10,000 tons of copper production losses. Unless production rebounds in the fourth quarter, Caserones copper mine's annual production guidance of 130,000 to 140,000

According to Lundin Mining, on July 18, the Caserones copper mine in Chile was disconnected from power after a severe storm damaged two transmission towers supplying the facility. The company announced on Monday that heavy rainfall and snowfall caused the infrastructure damage. Lundin Mining

From 14:15 to 14:30 (UTC) on July 27, 2026, BTC saw a sharp drop of 0.75% within 15 minutes. The price fell from 65,395.9 USDT to 64,878.5 USDT, with an amplitude of 0.79%. The daily candle was nearly flat (-0.03%), with trading volume of only 377.4 BTC. Ahead of the Fed’s interest rate decision meeting, the market was characterized by thin liquidity, and both bulls and bears were temporarily balanced. The main drivers behind this move are a two-way struggle between macro policy expectations and

According to Saudi Ministry of Defense statement on July 27, Saudi air defenses intercepted multiple unmanned drones attempting to target oil facilities in eastern regions and Riyadh. Defense Ministry spokesman Turki Al-Maliki said the drones were launched from

Rate futures show Federal Reserve hike odds have surged to 32% this week, up from 10% two weeks ago, as crude oil prices spike and Middle East tensions intensify. Brent crude briefly broke $100 per barrel last week, deepening market concerns about renewed inflation momentum. While most major Wall