Commodities (Crude Oil & Copper) & Macro Outlook

US stock market futures held largely flat in early August 2026 as investors awaited the July Consumer Price Index report scheduled for August 12 at 8:30 a.m. ET, while simultaneously pricing in uncertainty from the ongoing US-Iran conflict that has lasted roughly five months. The S&P 500

Iran removed Mohammad Bagher Zolghadr as secretary of its Supreme National Security Council on August 9, 2026, five months after his appointment on March 24, 2026. The leadership change occurred during ongoing negotiations between Iran and Oman over shipping arrangements through the Strait of

According to ARK Invest, recent U.S. employment data shows weakness, yet the broader economic outlook remains less pessimistic than headlines suggest. Cathie Wood noted the federal deficit currently stands at 5.6% of GDP, potentially declining toward 5% by year-end if productivity and technology

According to Jin10 Futures, Brent crude rebounded to $83.55 a barrel and WTI recovered to $78.18 on Friday, after tumbling to $81.55 earlier in the week in a decline exceeding 7%. The rebound follows shifting market sentiment regarding U.S.-Iran diplomatic negotiations over Strait of Hormuz

According to Jin10 Futures, CBOT soybean oil futures rose 1.5% for the December contract as of the week ended August 7, rebounding from sharp declines in recent weeks. Oil-meal spread trading and gains in external vegetable oil markets supported the move. However, strong crude oil prices,

According to Jin10, CBOT corn December futures slipped 0.43% in the week ending August 7, 2026, pressured by beneficial rains in the Midwest and weaker crude oil prices. However, U.S. corn demand remained active and ongoing Black Sea conflicts continued to disrupt grain exports from the region,

The tokenized real-world asset (RWA) sector reached $38.17 billion in total value on Aug. 6, 2026, according to data from rwa.xyz. The market now sits just $1.83 billion away from the $40 billion threshold. The tokenized RWA sector takes physical and traditional finance assets and puts them

According to Axios, on August 10, U.S. President Trump announced he would increase economic pressure on Iran rather than order new military strikes, despite Iran's ongoing confrontation with the United States. In a brief phone call, Trump stated: "We are handling this quietly. We are only in semi-ne

European stocks hit record highs as corporate earnings surged 22% year-over-year in Q2, the strongest growth since 2022, according to FactSet data reported by the Financial Times. The Stoxx Europe 600, Germany's DAX, the UK's FTSE 100, France's CAC40, and Spain's IBEX all reached all-time highs in r

According to Zhitong Caijing, Heat Link Group's Hong Kong IPO prospectus has expired on August 9, 2026, six months after its filing on February 9, 2026. China International Capital Corporation (CICC) served as the sole sponsor for the listing. The company is a leading global commodity trading and se

Korea Zinc is advancing a strategic metals production project in Tennessee that received US government fast-track approval in April, as economic security considerations increasingly override price in private equity fund cross-border acquisitions. The project, named Project Crucible, focuses on

According to Wall Street Journal reporting, White House officials stated that President Trump is taking a patient approach to the ongoing Iran diplomatic standoff. The administration has completed its stated military objectives against Iran and is now focused on ensuring uninterrupted energy

According to vessel tracking data, Turkey resumed allowing ships to transit through its straits toward the Black Sea on Sunday, following security-related delays in the region. Oil tanker Aegean Dream, which had waited in the area since Thursday, sailed through the Dardanelles Strait on Sunday

According to Cyprus Energy Minister Michael Damianos in recent media comments, Cyprus plans to supply natural gas from the Eastern Mediterranean to Europe starting March 2028. Damianos told the Associated Press that geopolitical tensions including the Ukraine crisis and Middle East conflict have

According to Jin10, next week's economic calendar will feature several closely watched releases. On Wednesday, the U.S. July CPI data is due, including year-over-year and month-over-month figures, closely tracked by global markets. Friday will see China's domestic oil prices enter a new pricing

According to Saudi Arabia's Energy Ministry, the country extinguished a fire at its Jizan refinery early Sunday morning. The ministry said the incident caused no casualties but provided no details on the fire's cause. Hours later, Yemen's Iranian-backed Houthi militant group claimed responsibility f

According to WSJ, the Trump administration is preparing to declare victory over Iran without achieving a new nuclear agreement, provided Iran restores normal shipping through the Strait of Hormuz. The U.S. government views full restoration of the critical energy corridor as a diplomatic

According to Telegram, Iran's Foreign Minister Abbas Araghchi said on August 9 that Tehran and Oman are very close to reaching an agreement on determining shipping lanes through the Hormuz Strait. Araghchi stated that the temporary routes currently under negotiation will serve as the foundation

According to ChainCatcher, U.S. July consumer price index (CPI) data is expected to show core CPI rising 0.2% month-over-month and 2.5% year-over-year, marking the smallest annual increase since February. The report may indicate cooling energy-related price pressures following weakness in the July e

According to UAE state news agency, an ADNOC tanker was struck by missiles while transiting the Strait of Hormuz early yesterday morning (August 8). The National Oil Company of Abu Dhabi confirmed no personnel were injured and the situation remains under control. The UAE Foreign Ministry condemned t