Commodities (Crude Oil & Copper) & Macro Outlook

Plus500 announced a strategic partnership with Canadian fintech Wealthsimple that will allow Canadian retail investors to access U.S. futures markets through Plus500's trading infrastructure. The partnership expands Wealthsimple's product offering while reinforcing Plus500's transformation from a re

Plus500 announced a partnership with Canadian fintech Wealthsimple, granting the platform's over four million customers direct access to U.S. futures markets through Plus500's trading infrastructure. Under the agreement, Wealthsimple will leverage Plus500's institutional clearing, execution, order r

According to Jin10, crude oil prices extended intraday declines on July 30, with both WTI and Brent crude falling 2%. WTI crude traded at $81.8 per barrel, while Brent crude dipped below $86 per barrel.

Hong Kong stocks on July 30 showed a market rotation from technology to traditional economy sectors, with the Hang Seng Index closing at 25,858 points, up 0.2%, while the Hang Seng Tech Index fell 1.3%. The shift was driven by the upcoming August earnings season, where investors are moving toward st

According to China Nonferrous Metals Industry Association Silicon Branch, silicon wafer prices continued to decline this week, as downstream demand remains weak. N-type G10L single-crystal wafers averaged 0.80 yuan per piece, down 3.61% week-over-week, while N-type G12R wafers dropped 3.23% to 0.90

Bank of England Deputy Governor Lombardi stated on July 30 that extreme energy price spikes initially feared when conflicts began are now unlikely to occur.

According to Jin10, on July 30, the Bank of England outlined policy scenarios indicating future monetary decisions hinge on energy price movements. If energy prices hold near current market levels, rate hikes may be necessary to control inflation; if prices fall to early-July levels, gradual rate cu

According to the Bank of England's baseline forecast released on July 30, UK annual inflation is expected to remain above the 2% target through the fourth quarter of 2027 as energy price shocks continue to filter through the broader economy. Under a more benign scenario, the BoE projects inflation

According to Guru Club, China's retail gasoline and diesel prices are expected to rise for the tenth time in 2026 as international crude oil prices remained strong during the current pricing cycle ending

According to Jin10 Futures, copper prices on July 30 face mixed signals as tight supply and low inventory provide support while hawkish monetary expectations and weak demand limit upside. LME copper inventory fell to 262,300 tons, with domestic social inventory also at low levels, offering strong pr

Southbound China Oil Fund (南方原油LOF) will halt trading from market open through 10:30 AM on July 31, 2026.

Brent crude and West Texas Intermediate oil prices rose on Thursday, July 30, as the United States resumed strikes on Iran and U.S. crude inventories posted their largest weekly decline in years. Brent futures gained $1.48, or 1.6%, to $92.22 a barrel at 7:07 a.m. GMT, while WTI added 43 cents, or 0

According to Jin10 and sources briefed on the matter, Pakistan and Iran reached an agreement on July 30 to ensure safe passage of liquefied natural gas (LNG) cargo from Qatar. The Al Areesh LNG carrier loaded cargo in Qatar in early July and passed through the

According to sources, Ukraine conducted drone strikes on Lukoil's Perm refinery in Russia on Wednesday (July 29), triggering a fire at the facility.

Scope Prime, the institutional arm of Rostro Group, launched 24/7 liquidity for Brent and WTI crude oil CFDs. The launch addresses a core challenge in energy markets: oil prices are routinely driven by geopolitical events that occur outside conventional trading hours, creating significant risk for f

The Supreme Court of New South Wales ordered the winding up of Capital Guard AU Pty Ltd after the Australian Securities and Investments Commission presented evidence of alleged investment fraud involving fake bond investments and false documentation. ASIC's investigation found that Capital Guard

Scope Prime, the institutional arm of Rostro Group, launched 24/7 liquidity for Brent and WTI crude oil CFDs on July 30, positioning itself among the first prime of prime providers to offer continuous institutional oil trading. The move comes as CME Group plans to introduce a cash-settled

According to the Australian Securities and Investments Commission (ASIC), the Supreme Court of New South Wales recently ordered the winding up of Capital Guard AU Pty Ltd following findings of alleged investment fraud. The company raised approximately A$17.4 million from around 80 investors

According to market sources, tankers originally scheduled to load cargo at the CPC terminal are departing the Black Sea.