Commodities (Crude Oil & Copper) & Macro Outlook

According to BlockBeats, citing Hyperinsight monitoring, a whale at address 0xc278 was liquidated in Brent crude oil trading on August 3, exiting its position after 61 total rounds of trading. The latest liquidation closed 47,600 BRENTOIL long contracts with a settlement value of

Fed Chair Kevin Warsh maintained silence on future monetary policy direction during a press conference held on the 29th following the Federal Open Market Committee (FOMC) meeting, adopting a strategy to let markets independently assess economic conditions rather than providing explicit guidance.

According to Guru Club, polysilicon futures main contract surged over 6% today (August 3), trading at 34,925 yuan per ton.

According to Jin10, as of 09:30 Beijing time on August 3, WTI Crude Oil Futures fell 7.37%, while US Natural Gas Futures rose 0.76%.

S-Oil returned to profitability in Q2 with revenue of 11.3435 trillion won and operating profit of 965 billion won, though results fell short of market consensus estimates of 12.633 trillion won in revenue and 980.3 billion won in operating profit. The lubricants segment achieved a record operating

According to Guru Club, on August 3, lithium carbonate futures fell over 3% to 136,100 yuan per ton, hitting a new stage low.

The Baltic Exchange Container Freight Index EU route main contract intraday gains expanded to 2.00% today, trading at 1,784.5 points.

Bitcoin gave back the weekend gains on Aug. 3, trading around $63,340, as the market digested concerns from Strategy’s (MSTR stock) Q2 2026 earnings. Strategy posted a net loss of $8.22B in Q2, mainly due to an unrealized loss of $8.32B on its Bitcoin holdings; by comparison, Q2 2025 recorded a profit of $10B. Strategy’s $8.22B net loss and changes in its Bitcoin holdings According to Strategy’s filed Q2 2026 financial report and its 8-K filing, the spot Bitcoin price fell by more than 40% year-

SC crude oil futures fell 4.00% intraday on August 3, trading at 527.70 yuan per barrel.

According to Sinophem Energy and Jin10 Futures, as of August 3, the reference crude oil price stands at $87.40 per barrel with a change rate of -2.24%, suggesting China's retail gasoline and diesel prices should decline by 120 yuan per ton. The next pricing adjustment window is scheduled for August

According to Jin10, crude oil's upward movement on August 3 provided support for fuel oil costs, with traders maintaining higher pricing expectations. Middle East tensions and downstream risk aversion drove spot demand, though market buying sentiment remained subdued. Fuel oil trading was expected t

According to a regulatory filing on August 3, South Korean energy company S-Oil reported second-quarter consolidated revenue of 11.34 trillion won and operating profit of 965 billion won, marking a return to profitability compared with a loss in the same period last

According to Yonhap Infomax, South Korea's benchmark KOSPI index surged 1,001.89 points to 6,595.45 today, while the KOSDAQ rose 74.98 points to 719.76. In the U.S., major indices also advanced, with the Dow Jones climbing 276.97 points to 52,485.03, the S&P 500 gaining 52.09 points to 7,489.72,

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to China Securities (CITIC), rare earth prices showed mixed performance in July, with praseodymium-neodymium oxide declining 11% month-over-month due to tight raw material supplies at recycling facilities, according to Shanghai Metals. Demand weakened as downstream motor factories

According to Yonhap Infomax citing consensus from seven major South Korean brokerages, CJ CheilJedang's Q2 earnings forecast (released August 3) shows consolidated revenue of 6.99 trillion won and operating profit of 275.8 billion won, down 3.39% and 21.87% year-over-year respectively. The food

According to Jin10 Futures citing agricultural reports, CBOT soybean futures fell 5.27% for the week ended July 31, retreating from two-year highs as favorable rainfall is expected in the U.S. Midwest over the coming days. The U.S. Department of Agriculture crop progress report showed soybean