Commodities (Crude Oil & Copper) & Macro Outlook

From 00:00–01:00 UTC on September 22, 2026, BTC’s Return % during the hour was -0.16%, with a price range of 86303.1–86625.2 USDT and an Ampl of 0.37%. In the preceding 24 hours, BTC rebounded approximately 5.01% from its low to $85,758, with volatility reaching 8.1%. After the market digested macro headwinds, including the Fed’s rate hike and the U.S.-Iran conflict, a technical recovery emerged, but the current hourly trend indicates that rebound momentum has already weakened at elevated levels

According to Chaos Chengcheng Futures report from September 21, Saudi Arabia has increased crude oil exports through the Strait of Hormuz, with 14 million barrels already loaded. The country is also rebuilding a pipeline bypass following damage to its east-west pipeline system to restore partial tra

According to Jin10 Futures, on September 22, geopolitical easing pressured crude oil lower from recent highs, reducing ethylene glycol production costs and easing supply tightness concerns. Market participants expect increased downside pressure in the near term. East China spot prices for ethylene

According to Jin10, French President Macron met President Trump in New York on September 22 and announced joint commitments. The two leaders decided to coordinate efforts to ease energy market tensions, protect critical infrastructure in the Middle East, and maintain freedom of navigation in the

According to Saudi Arabia's state television, French President Emmanuel Macron stated he discussed pathways to reopen the Strait of Hormuz with U.S. President Donald Trump.

According to LS Securities analyst Jeong Kyung-hee on September 22, LG Chem's operating profit for Q3-Q4 is forecast to decline 76.3% to 142 billion won, down from 590 billion won in Q2-Q4, as one-time benefits from lower feedstock costs and higher product prices fade. Operating margin is expected t

The USD-KRW exchange rate fell 6.50 won to 1,374.50 as of 6am on the 22nd versus the previous Seoul close of 1,381.00, driven by exporter dollar sales, foreign net stock purchases of 219 billion won between 5:10-5:50pm, and long-stop flows that briefly pushed the rate to 1,370.00 at 5:46pm. Risk

According to Yonhap Infomax, on Sept 22, the USD-KRW exchange rate fell to 1,374.50 won as of 6 a.m., down 6.50 won from the previous Seoul market close of 1,381.00 won. The currency dipped to a session low of 1,370 won earlier due to export hedging flows and foreign stock buying. Separately, WTI

According to DB Securities analyst Kang Hyun-ki on September 22, Iran may adopt asymmetric military tactics to prolong the seven-month conflict with the U.S., similar to North Vietnam's strategy during the Vietnam War. The approach aims to build domestic anti-war sentiment in the U.S. by creating a

According to the USDA weekly crop progress report released Tuesday, U.S. soybean condition was rated 58% as of Sept. 20, matching market expectations but down from 69% year-over-year. U.S. corn condition stood at 57%, below the 58% market forecast and down from 66% in the prior year

According to Commonwealth Bank of Australia, global oil and refined product inventories will be depleted within 5 to 10 weeks, a significant reduction from the 15 to 20-week estimate issued two weeks prior. The bank warned that inventory depletion raises the risk of Brent crude futures climbing to $

According to YonhapInfomax, on September 21 (U.S. Eastern time), New York's three major stock indices surged on expectations of U.S.-Iran talks and hawkish remarks from Federal Reserve officials. The Dow Jones Industrial Average rose 366.19

Samsung Electronics and SK Hynix stocks surpassed the 280,000 won and 1.9 million won marks respectively during pre-market trading (8:00-8:50 AM) on the 22nd, with Samsung Electronics rising 7,500 won (2.74%) to 281,500 won and SK Hynix climbing 34,000 won (1.82%) to 1,902,000 won. The gains came as

According to Yonhapnews, KOSPI recovered to 7,007.72 yesterday (Sept 21), up 1.65% from the previous day, reclaiming the 7,000-point level for the first time in seven trading days. The gains were driven by strength in large semiconductor stocks and overnight rallies in U.S. semiconductor shares:

POSCO International announced on the 22nd the acquisition of non-operating Marcellus shale gas assets in the United States for $550 million (approximately 750 billion won), with Meritz Securities maintaining a 'Buy' rating and target price of 97,000 won for the company's stocks. Analyst Moon Kyung-w

According to Meritz Securities, POSCO International announced on September 22 the acquisition of a non-operated shale gas asset in the U.S. Marcellus region for $550 million. The analyst projects expected production of 124 million cubic feet per day, equivalent to approximately 1 million tonnes of l

Samsung Electronics is expanding DRAM production capacity by double-digit percentages, yet commodity DRAM supply shortages are expected to worsen, according to a September 22 report by KB Securities Research Division Head Kim Dong-won. The capacity increase is concentrated in high-bandwidth

According to the Wall Street Journal, on September 22, the Trump administration proposed investing $5 billion to launch an investment fund aimed at rebuilding energy infrastructure in the Gulf of Mexico.

According to Herald Economy, the Nasdaq Composite surged 2.3% to close at 27,122.09 on Sept 21, marking an all-time high. Meta stock jumped 11.4%, its largest gain since April 2025, after its AI agent Muse ranked first among free apps on Apple's App Store. AMD shares rose 10% to $615.52, pushing the