Commodities (Crude Oil & Copper) & Macro Outlook

South Korea's exports surged 45.3% year-over-year to $21.3 billion during August 1-10, according to customs data released on August 11. The growth was driven by a 155.4% spike in semiconductor exports, which accounted for 46.8% of total exports during the period. The August 1-10 export figure

According to the National Development and Reform Commission and National Energy Administration, on August 10, China released the 'Coal Industry Development 15th Five-Year Plan,' setting key targets for 2030: large-scale modern coal mines to represent 87% of production capacity, intelligent mines to

According to Yonhapinfomax, the USD-KRW exchange rate closed at 1,418.30 won on August 11, down 0.10 won from the previous Seoul session close of 1,418.40 won but up 9.80 won from the prior day's 6 a.m. level of 1,408.50 won. The currency rallied as international crude oil prices surged amid

According to Yonhap Infomax, South Korea's 3-year government bond futures declined 4 ticks to 103.30 overnight on August 11, while 10-year futures fell 13 ticks to 106.12. The declines followed a sharp surge in international crude oil prices, with WTI September contracts climbing 5.05% to $82.13

According to Jin10 Futures, overnight on August 10, the 30-year U.S. Treasury yield hit 5.27%, reaching its highest level in 19 years. The 10-year Treasury yield climbed to 4.75%, approaching the 5% mark, as U.S. Treasury Secretary Beasent coordinated with Japan on yen

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