Commodities (Crude Oil & Copper) & Macro Outlook

According to NYMEX, August gasoline futures closed at $3.3273 per gallon, while August heating oil futures settled at $4.1116 per gallon on July 27.

According to Shanghai Futures Exchange, crude oil futures for September 2026 delivery fell 4.5% to 539.60 yuan per barrel during overnight trading on July 27. Gold futures (Au99.99) declined 0.11%, while silver futures (Ag99.99) dropped 0.72% during the same

According to Bank of America, on May 29, the U.S. Commodity Futures Trading Commission (CFTC) approved perpetual futures trading in the regulated American market. Kalshi launched perpetual futures in June with over $1 billion in weekly trading volume. BofA estimates global perpetual futures annual t

According to the EU's Monitoring Agricultural Resources (MARS) center, heat and drought conditions across Western and Central Europe have forced sharp downward revisions to crop yield forecasts. EU corn yields were cut 6% and now sit 2% below the five-year average, with France—the bloc's largest cor

The US national debt reached $39.68 trillion at the Treasury's 23 July close, setting another record driven by persistent federal deficits and rising refinancing costs. The debt has grown by roughly $3.2 trillion over the past year, with daily increases running between $7 billion and $10 billion,

On Monday morning at about 11:25 a.m. ET, the S&P 500 eased near 7,409.63, almost unchanged for the session after climbing as high as 7,480.57 at market open. The Dow Jones Industrial Average held onto a modest gain of about 0.35% at 52,133.20, while the Nasdaq Composite fell roughly 0.6%, as

U.S. Strategic Petroleum Reserve crude oil inventory fell by approximately 3.7 million barrels last week, declining to 307.7 million barrels, the lowest level since 1983.

According to Bahrain News Agency, on July 27, Bahrain condemned unmanned drone attack attempts originating from Iraqi territory and targeting oil facilities in Saudi Arabia, describing them as terrorist

UK natural gas futures (ICE) fell 10.75% to 137.550 pence/therm during Monday's European close on July 27, while Dutch TTF benchmark futures dropped 9.52% to 57.005 euros/megawatt-hour. Asia-Pacific trade opened lower and continued to decline, with TTF extending losses through 22:00 UTC. EU carbon a

On Monday (July 27), ICE UK natural gas futures fell 10.75% to 137.550 pence/therm during European market close. TTF Dutch natural gas futures dropped 9.52% to 57.005 euros/MWh. EU carbon emission allowances (futures) declined 1.30% to 81.78

Italian Prime Minister Giorgia Meloni announced on July 27 that the government has implemented a decree to immediately reduce diesel prices, citing international geopolitical tensions as the driver of rising fuel

From 2026-07-27 16:30 to 16:45 (UTC), BTC edged slightly higher within 15 minutes, with a yield of +0.29%. The price range was 64,734.6–64,967.4 USDT, with an amplitude of 0.36%. The daily chart closed nearly flat (-0.03%), with a filled amount of only 377.4 BTC. Ahead of the Fed’s July rate decision, the market is in a wait-and-see mode, and both long and short forces are temporarily balanced. The main driver behind this move is the macro hedging effect stemming from a pause in attacks in the I

According to LME data, multiple base metals closed with mixed moves on July 27. Copper rose $88 to $13,732 per ton, while tin surged $560 to $54,341 per ton. Aluminum gained $8 to $3,168, zinc climbed $20 to $3,612, and lead added $4 to $1,891. Nickel declined $166 to $17,213, while cobalt closed

According to Bloomberg sources, Egypt's state-owned energy company EGPC locked in LNG shipments for August delivery yesterday amid soaring temperatures and peak summer electricity demand. The company also purchased additional cargoes from existing suppliers to meet urgent needs as domestic

According to Al Jazeera, Kuwait condemned drone attacks on Saudi Arabia's oil facilities. The statement reflects regional concerns over escalating security incidents in the Gulf region.

According to Yonhapinfomax, U.S. Treasury prices surged on July 27 as oil prices declined sharply following a ceasefire between the U.S. and Iran. The 10-year Treasury yield fell 3.10 basis points to 4.648%, while the 2-year yield dropped 0.70 basis points to 4.324%. WTI crude oil futures for

SC crude oil futures contract fell 4.00% during intraday trading on July 27, with the main contract now trading at 542.40 yuan per barrel.

Average yields on the Bloomberg Global Treasury Index climbed to 3.68%, the highest level since the 2008 global financial crisis, days before rate decisions from the Federal Reserve, Bank of Japan, and Bank of England. Strong US employment and growth data flipped rate expectations from cuts to

In the night trading session, fuel oil fell approximately 3.5%, leading losses among commodities tracked. Soda ash and coking coal declined over 2%, while LPG dropped 1.7% and iron ore fell 0.3%. In contrast, japonica rice closed flat, and rubber and natural rubber futures rose as much as 0.27%.