Commodities (Crude Oil & Copper) & Macro Outlook

US West Texas Intermediate (WTI) crude oil October futures fell 2.27% to $98.03 per barrel during intraday trading, despite continued attacks on Saudi Arabian facilities. Yemen's Houthi rebels announced last weekend they attacked key facilities in the Saudi capital and Aramco installations in the

According to Yonhap Infomax, WTI crude oil futures for October delivery fell 2.27% to $98.03 per barrel on September 21, as markets anticipated a recovery in crude supplies despite continued attacks on Saudi Arabia by Houthi militants. The Houthis conducted missile and drone strikes over the

According to Guru Club, lithium carbonate futures main contract surged 4% on September 21, with the spot price reaching 133,600 yuan per ton.

The Bank of Korea released its 2024 Input-Output Tables on the 21st, revealing that exports accounted for a larger share of South Korea's total and final demand compared to the previous year. The export share in total demand rose from 14.7% in 2023 to 16.1% in 2024, while its proportion of final dem

According to the Bank of Korea's September 21 release of the 2024 Input-Output Tables, exports' share in South Korea's total demand increased to 16.1% in 2024 from 14.7% in 2023. The share in final demand rose to 31.8% from 29.4%, driven primarily by strong growth in computer, electronic, and

According to Yonhap Infomax, on September 21 morning as of 10:01 a.m. KST, E-mini S&P 500 futures rose 0.34% to 7,739.00, while E-mini Nasdaq 100 futures gained 0.58% to 30,090.00. The gains were driven by strength in U.S. semiconductor stocks, with the Philadelphia Semiconductor Index

According to Newsis, Hong Kong's H-share index gained 0.58% on September 21 as investors bought into the market following a decline in oil prices and amid expectations for Chinese artificial intelligence industry support policies. The H-share index reached 8,272.83 as of 10:59 a.m., while the

According to China Nonferrous Metals Industry Association Lithium Branch, China's lithium carbonate output in August reached approximately 96,000 tonnes, down 2.5% month-on-month. Lithium hydroxide production rose 2.5% to 33,000 tonnes, while overall lithium salt output (measured as lithium carbonat

According to Shanghai Longquan Metals, MMLC battery-grade lithium carbonate midprice reached 130,450 yuan/ton today, up 200 yuan/ton from yesterday's 16:30 closing price.

Jeffrey Gundlach, Chief Investment Officer of DoubleLine Capital, warned on the 20th (local time) that US interest rates could rise further. Speaking at a Manhattan event, Gundlach said the market may be entering a 'collision course' with recession and corporate defaults as Treasury yields climbed t

According to Xinhua Finance, China's grain market remains overall stable despite recent fluctuations in international grain prices, Liu Huanxin, director of the State Administration of Grain and Strategic Reserves, said at a press conference of the State Council Information Office on September 21. L

According to CIMB analysts Chew Khai Yen and Michelle Chia, Malaysia's inflation rate is expected to remain around 1.9% to 2.0% in September 2026, despite recent upward pressure from rising oil prices. Broader inflation prospects are likely to remain moderate, with softening core inflation

US gasoline prices reached $4.32 per gallon as of May 14, marking the highest level for this stage of an election cycle since data collection began in 1990, according to Energy Information Administration (EIA) data cited by Yahoo Finance on May 20 (local time). The price climbed

According to Yahoo Finance citing U.S. Energy Information Administration data, U.S. gasoline prices hit a record high of $4.32 per gallon on September 14, marking the highest level for an election cycle since data collection began in 1990. The average price rose approximately 25 cents over the

UBS Wealth Management Chief Investment Officer Mark Haefele sent a report to clients last week stating that geopolitical risks do not always negatively impact stocks, according to Yahoo Finance on local time. Haefele cited ongoing crises including US President Donald Trump's tariff implementation in

According to Guru Club, U.S. President Donald Trump stated on September 21 that oil prices during Biden's administration were far higher than during his own presidency. Trump also claimed that nearly all other commodity prices followed the same

According to NH Investment & Securities, credit spreads in South Korea's corporate bond market widened last week as general bank bond issuance surged to 3.6 trillion won (3.6 billion USD equivalent), the largest volume this year. The research firm attributed the expansion to increased net issuance o

According to Jin10, WTI crude oil futures fell 2.38% and U.S. natural gas futures declined 1.51% as of 09:30 Beijing time on September 21.

According to Jin10 Futures, as of 09:30 Beijing time on September 21, New York gold futures declined 0.26%, while silver futures rose 0.05% and copper futures gained 0.32%.