Commodities (Crude Oil & Copper) & Macro Outlook

U.S. stock indices ended lower on Monday (August 9) as oil prices jumped, stoking rate hike concerns ahead of key inflation data this week. The S&P 500 fell 0.1%, the Nasdaq 100 slipped 0.3%, and the Dow Jones Industrial Average declined 0.1%, while related futures remained largely unchanged.

Lithium carbonate futures stabilized on August 10, with the LC2609 contract closing at 146,360 yuan per ton, up 6.24% over six trading days, according to traders familiar with the market. The price recovery marks a stabilization following July's sharp decline of nearly 20%, driven by bearish

The US dollar strengthened against the Japanese yen on August 10 afternoon, with USD/JPY reaching 159.301 yen—the highest level since the US-Japan joint intervention on July 31. Kyodo News reported that Japanese government sources identified Bank of Japan Governor Kazuo Ueda's September rate hike si

The USD/JPY exchange rate climbed to 159.301 yen on August 10, marking the first breach of the 159-yen level since the US-Japan coordinated intervention on July 31. Kyodo News reported that Bank of Japan Governor Kazuo Ueda's signal for a September rate hike was the decisive factor enabling US

According to Kyodo News, the dollar-yen exchange rate surged to 159.301 yen on August 10 (EDT 4 p.m.), up 1.739 yen (1.104%) from the previous close, marking the first time it exceeded 159 yen since the U.S.-Japan joint intervention on July 31. The U.S. Dollar Index (DXY) rose 0.259

According to White House spokesman Taylor Rogers, President Trump extended the Jones Act waiver by 90 days on Monday, August 10, allowing foreign vessels to transport energy products between U.S. ports through mid-November. The measure aims to stabilize fuel supplies and ease oil price pressure

According to Libya's National Oil Corporation, the Zawiyah oil blending facility came under drone attack over the weekend, with no casualties or losses reported. This marks the third attack on the Zawiyah oil asset in recent

Oil prices surged approximately 5% as US-Iran negotiations over reopening the Strait of Hormuz remained deadlocked with no clear resolution in sight. On the 10th (US Eastern time), West Texas Intermediate (WTI) crude for September delivery jumped $3.95 (5.05%) to close at $82.13 per barrel on the

According to Yonhap Infomax, on August 10, WTI crude oil for September delivery surged 3.95 dollars to $82.13 per barrel, up 5.05% and marking a fourth consecutive day of gains. Brent crude for October delivery rose 4.17 dollars to $87.72, up 4.99%. The rally was driven by investor concerns as

According to the U.S. Department of Energy, the Strategic Petroleum Reserve (SPR) fell to 298.7 million barrels as of Aug 7, dropping below the 300 million barrel threshold for the first time since 1983. The weekly draw-down totaled 6.1 million barrels, marking a continued depletion of the nation's

Gold prices declined modestly while silver prices firmed in early U.S. trading Monday, as precious metals markets consolidated Friday's payroll-driven rally ahead of this week's U.S. inflation data releases. Spot gold traded near $4,329.20 an ounce, down 0.28%, while spot silver traded at $63.800, u

US stocks closed lower on the 10th (local time) as the Dow Jones Industrial Average fell 60.95 points (0.11%) to 53,975.98, the S&P 500 declined 4.53 points (0.06%) to 7,753.11, and the Nasdaq dropped 85.25 points (0.32%) to 26,605.35. The declines followed stalled US-Iran negotiations over

Bitcoin traded between $63,000 and $65,400 in August after declining 49% from its early October 2025 peak above $126,000. The prolonged decline absorbed multiple sources of selling pressure, including Strategy's sale of 1,690 BTC, over $8 billion in US spot bitcoin ETF outflows across eight

On Monday, Aug. 10, U.S. equity and asset-class ETFs posted mixed results. Real estate ETF fell 1.34%, while dollar-index fund rose 0.25%, gold ETF gained 1.02%, and agricultural commodities advanced 0.72%. Brent crude oil fund led gainers with 6.78% appreciation. U.S. Treasury bonds, emerging

On Monday, August 10, U.S. industry ETFs closed mixed. Global Aviation ETF fell 3.38%, while Semiconductor ETF declined 2.28%. Energy sector ETF rose 4.68%, and Internet stocks ETF gained 1.29%. Among the S&P 500's 11 sectors, Energy climbed 4.63%, while Real Estate fell 1.23% and Technology decline

On August 10, the S&P 500 index fell 0.1% at market close, with real estate, utilities, and technology sectors each declining at least 1%. The energy sector led gains, surging 4.4%. The Nasdaq-100 index dropped 0.4%, while the semiconductor index fell 2.9%.

On Monday (August 10), according to ICE and WCE data, New York commodity futures closed with mixed performance. NY cocoa futures rose 2.09% to $6,018/ton, while London cocoa futures gained 0.57%. ICE raw sugar futures advanced 0.06% and white sugar futures climbed 0.50%. Arabica coffee futures

On Monday, August 10, CBOT soybean meal futures fell 0.57% to $397.50 per short ton, while soybean oil futures climbed 1.71%, according to data from the Bloomberg Commodity Index. CBOT soybean futures gained 0.35% to $11.8025 per

Global financial markets faced heightened uncertainty on August 10, 2026, driven by ongoing delays in Strait of Hormuz negotiations, shifting Federal Reserve rate expectations following weaker-than-expected US Nonfarm Payrolls data, and persistent Japanese Yen weakness. Iran's strict conditions