Commodities (Crude Oil & Copper) & Macro Outlook

On Monday (October 26), spot gold rose 0.53% to $4,017.14 per ounce at the New York close, with trading range between $3,978.32 and $4,029.84. The metal has held steady near the $4,000 psychological level over the past two trading days. Spot silver gained 0.17% to $5,398.33 per ounce, while COMEX

Iran announced the Strait of Hormuz could reopen within four to five days if its conditions are met, according to the country's state broadcaster on October 26. The revised timeline shortens the previously proposed seven-day reopening period. Iran's government is discussing a proposed agreement with

On Monday (October 26), ICE raw sugar futures fell 5.63% to close at 19.10 cents per pound, with declines widening through Beijing time 20:00-23:40. ICE white sugar futures declined 4.11% during the same period. ICE Arabica

According to Jin10 data, crude oil futures fell on October 27 at market close. December WTI crude oil futures declined $1.51 to $101.76 per barrel, down 1.46%, while December Brent crude oil futures fell 91 cents to $115.81 per barrel, down 0.78%.

According to Bloomberg commodity data, on Monday (Oct 26), CBOT wheat futures fell 1.52%, soybeans dropped 1.16%, and soybean meal declined 1.88%. The Bloomberg grain classification index fell 0.90% to 30.5453 points. CBOT corn futures decreased 0.22%, while soybean oil futures

According to the TD Cowen/AFS Freight Index, ground shipping prices in the fourth quarter are expected to increase 5.8% compared to the same period last year, driven by soaring diesel costs. UPS and FedEx have raised their fuel surcharges further, pushing

Shanghai Exchange crude oil futures 2612 contract closed down 0.87% at 733.30 yuan per barrel in the night session. Shanghai gold rose 0.4%, while Shanghai silver gained 0.31%.

According to ConocoPhillips, the company announced on Tuesday, October 27, that it will reduce its Canadian workforce, including both employees and contractors. The oil and gas company notified its staff of the reduction, which takes effect on that

From 16:45 to 17:00 (UTC) on October 26, 2026, BTC rose a cumulative 0.43% over 15 minutes, trading between 79,882.2 and 80,271.0 USDT, with an amplitude of 0.49%. The previous candle closed at $79,698.5, down 0.79%; the current price has rebounded about 0.94% from that close, indicating a recovery from short-term oversold conditions. The 24-hour change is -0.32%, with the broader market under pressure ahead of the Fed decision. The main drivers of this move were macroeconomic uncertainty and th

On Monday (October 26), European energy futures closed higher. ICE UK natural gas futures rose 3.43% to 238.75 pence/therm, reaching an intraday high of 241.06 pence. TTF benchmark Dutch natural gas futures climbed 3.40% to 96.62 euros/MWh, with a peak of 97.64 euros. ICE EU carbon emission

From 15:45 to 16:00 on October 26, 2026 (UTC), BTC fell 0.35% over 15 minutes, trading between 80,405.2 and 80,774.5 USDT, with a 0.46% range. It was trading at $80,455.9, down 0.28% over 24 hours. The order book showed a bid-to-ask ratio of 0.31, with sellers in control. The market was under short-term pressure, while technical signals remained neutral; the movement appeared more like consolidation than a trend breakout. The main driver of this move was a tug-of-war between opposing macro risks

According to Guru Club, on October 26, Brent crude recovered 2.2% of intraday losses to trade at $116.8 per barrel.

The U.S. Strategic Petroleum Reserve fell to 282.6 million barrels last week, marking the lowest level since 1982. Walter Bloomberg reported the figure on October 26, noting that emergency crude stockpiles have dropped below the 300 million barrel threshold. The report did not specify the size of th

According to Jin10, Houthi militant attacks on Saudi Arabia killed dozens and disrupted economic activity on October 26, forcing the Riyadh financial district into near paralysis. The strikes limited aviation travel and postponed major events. Saudi Arabia's stock market plunged sharply, becoming on

According to data from AAA, U.S. gasoline prices reached $4.286 per gallon as of October 25, marking the highest average price Americans have paid at this time of year. The record for a single day remains $5.02 per gallon set in June 2022, according to AAA

According to the U.S. Energy Information Administration (EIA), crude oil inventories in the U.S. Strategic Petroleum Reserve declined to 282.6 million barrels last week, marking the lowest level since 1982.

According to Reuters, the U.S. Strategic Petroleum Reserve crude oil inventory fell to 282.6 million barrels last week, reaching its lowest level since 1982.

From 14:45 to 15:00 (UTC) on October 26, 2026, BTC staged a short-term rebound over the 15-minute period, ending 0.44% higher, with a price range of 79,948.2–80,420.3 USDT and an amplitude of 0.59%. The current price has recovered to $80,472.1, above the previous hour’s close of $79,698.5, indicating some improvement in short-term sentiment, though overall volatility remains limited. The move was mainly driven by short-term fund adjustments amid shifting expectations for macro interest rates and

Overnight, caustic soda futures fell 4.5% in night trading, while soybean oil declined approximately 3%. Asphalt gained 3.3%, and LPG rose 2%.