Commodities (Crude Oil & Copper) & Macro Outlook

Hong Kong stocks traded mixed in morning session as of 10:25am, with the Hang Seng Index rising 16 points or 0.1% to 25824 after opening 67 points higher at 25875. The index reached an intraday high of 25971 before retreating to a low of 25695 amid mixed sectoral performance. Chip stocks faced

According to Shanghai Staple Wire, MMLC battery-grade lithium carbonate's midpoint price reached 146,050 yuan/ton today (July 30), up 250 yuan/ton from yesterday's 4:30 p.m. closing level.

WTI crude oil futures fell more than $1 intraday on July 30, trading at $83.27 per barrel.

Citi forecasts the Bank of Korea will raise its base rate again at the August Monetary Policy Committee meeting despite the sharp KOSPI decline, according to economist Kim Jin-wook in a report released on the 30th. BOK Governor Shin Hyun-song instructed to monitor semiconductor prices rather than me

According to China's National Energy Administration, announced today via CCTV, coal power generation accounted for 49.7% of total electricity generation in the first half of 2026, marking the first time it fell below 50%. Meanwhile, renewable energy expansion accelerated. Wind and solar power gener

According to British maritime security firm Ambrey, a U.S.-owned floating liquefied natural gas (LNG) storage and transfer facility at Egypt's Damietta port came under drone attack on July 29, causing a fire. A Greek-flagged vessel was also targeted in the incident. Reuters and other wire services r

From 01:30 to 01:45 UTC on July 30, 2026, BTC edged up slightly by 0.36% over the short term. The price ranged from 63,829.4 to 64,066.6 USDT, with an amplitude of 0.37%. The rise is moderate, but market attention remains high. Under pressure from multiple macro negative factors, BTC has shown relative resilience. The main driver behind this move is the combined effect of escalating geopolitical tensions and the Fed’s interest-rate decision. The conflict between Iran and the U.S. continues to he

According to Asia Economy, South Korea's KOSPI index plunged 39.3% on July 30 from its July 19 intraday record of 9,385.59 to 5,681.77, marking the largest single-month decline in history. The index fell 33% in July alone. The sharp selloff was triggered by Meta's second-quarter earnings missing

According to Jin10, China's Ministry of Commerce stated on July 30 that power inverters are normal international commodities from which all parties, including the United States, benefit through trade. The ministry rejected the U.S. move to add the equipment to its covered list, characterizing it

As of 9:30 a.m. Beijing time on July 30, WTI crude oil futures declined 0.74%, while U.S. natural gas futures gained 0.33%.

Australia's second-quarter export price index rose 1.1% quarter-on-quarter, accelerating from the previous quarter's 0.5% increase, according to the latest economic data.

Bitcoin (BTC) gives back the overnight gains, trading at around $63,719 as of July 30. Trump’s crypto adviser Patrick Veitch rejected a developer proposal for the “CLARITY Act,” adding new clauses that delete provisions that could protect developers from criminal prosecution in certain situations. Tether’s compliance stablecoin USA₮ (USAT) has officially launched on the Celo mainnet, marking its second mainnet deployment after Ethereum. Macro Events & Crypto Hotspots 1、According to CryptoPotato,

The Federal Reserve voted to hold interest rates steady on Wednesday, triggering the Dow Jones Industrial Average's worst single-day decline since April 2025 with a 1,153-point drop (2.19%). Three of the twelve Federal Open Market Committee members dissented and advocated for a rate hike instead. Th

According to Jin10 Futures on July 30, the Federal Reserve maintained interest rates at current levels. Fed official Waller emphasized that the central bank references a broader range of inflation data beyond traditional PCE and focuses on inflation trends, maintaining a cautious, neutral policy

According to Jin10, Galaxy Securities reported that domestic raw milk prices rose 0.3% year-over-year in July, marking the first positive growth in nearly five years. The shift reflects an improving supply-demand balance in the dairy sector. Fresh milk prices began rising as early as March,

According to Yonhapinfomax, the USD/KRW exchange rate fell to 1,446.70 won on July 29, marking its lowest level since late February, as the Federal Reserve held interest rates steady at 3.5%-3.75% and Fed Chair Kevin Walsh signaled dovish messaging. Powell stated that market-driven financial

According to Foresight News, the U.S. District Court for the Eastern District of Wisconsin rejected the Commodity Futures Trading Commission's (CFTC) motion for a preliminary injunction on July 30, refusing to halt Wisconsin state enforcement of sports event contracts under state gambling law. The c