Commodities (Crude Oil & Copper) & Macro Outlook

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

Japan's Marine Research and Development Organization (JAMSTEC) announced on July 24 analysis results showing rare earth mud recovered from waters near Minamitorishima contains approximately 54% medium-heavy rare earth elements including yttrium, gadolinium, and dysprosium. The samples were recovered

Economist Peter Schiff warned this week that Japan's bond market crisis could trigger selling pressure on the country's $1.1 trillion holdings of US Treasuries, describing the situation as a potential pin that pricks the larger US economic bubble. Schiff made the comments on The Peter Schiff Show

According to Peter Schiff speaking on The Peter Schiff Show Podcast this week, Japan's surging bond yields and weakening currency pose a systemic threat to U.S. financial markets. Japan's 30-year government bond yield hit near 4%, a record for that maturity, while the yen fell to its lowest level

According to Shanghai Steel Union, MMLC battery-grade lithium carbonate's mid-price reached 144,550 yuan per ton today, up 250 yuan per ton from yesterday's 4:30 p.m. close.

JP Morgan analysis shows global oil supply dropped by approximately 11.1 million barrels per day since the US-Iran conflict began in February, yet Brent crude prices remain about $20 below the April-May highs despite trading above $101 per barrel recently. The investment bank attributes this price s

South Korean government bond futures surged on January 27 as international oil prices reversed course and declined, driven by expectations that tensions between the United States and Iran may ease. The 3-year bond futures rose 16 ticks

According to JP Morgan strategist Natasha Kaneva on July 26, global crude oil supply has fallen 11.1 million barrels per day since February amid the US-Iran conflict, pushing global inventories to historical lows. However, Brent crude remains near $101 per barrel, approximately $20 below early-war h

According to Yonhap Infomax, on July 27, South Korea's 10-year government bond futures surged 59 ticks to 104.79 as crude oil prices fell sharply on expectations of easing U.S.-Iran tensions. The 10-year benchmark yield declined 7.4 basis points to 4.375%. WTI crude fell 5.17% to $84.69 per barrel a

South Korean bond market participants are raising terminal rate expectations amid growing forecasts for back-to-back interest rate hikes in August. Market consensus had anticipated the base rate reaching around 3.5% by mid-next year through gradual quarterly increases. Following last week's GDP grow

According to China's National Bureau of Statistics, large-scale industrial enterprises' revenue grew 6.5% year-on-year in the first half of 2026, accelerating 1.5 percentage points from the first quarter. Profit growth surged to 18.7%, gaining 3.2 percentage points. Mining and manufacturing

As of 9:30 a.m. Beijing time on July 27, WTI crude oil futures fell 5.92%, while U.S. natural gas futures dropped 1.80%.

According to Gate data, silver rose to $59.583 per ounce, up 2.24% intraday on July 27. Gold climbed to $4,100.78 per ounce with a 0.22% gain. Cryptocurrency volatility indices also showed movement: BVIX (Bitcoin volatility index) rose 0.57% to 38.52, while EVIX (Ethereum volatility index)

According to Korea Securities Depository, derivative-linked securities (DLS) issuance in the first half of 2026 reached approximately 15.9 trillion won, up 18.7% from the prior half. Despite a decrease in the number of products issued, the total issuance volume expanded as average deal sizes grew, p

According to Guangda Futures, SC crude oil fell over 7% in early morning trading on July 27, while low-sulfur fuel oil (LU) and fuel oil declined over 6%. The declines came as escalating U.S.-Iran conflict and intensifying Red Sea tensions restrict Middle East energy exports, constraining crude

According to Yonhap Infomax, on July 27, the USD/KRW rate is expected to test the downside around 1,450 won, driven by SK Hynix's ADR fund conversion selling and easing geopolitical tensions. The U.S. and Iran halted reciprocal airstrikes overnight, reducing Middle East risk premium and supporting w

According to Business Insider, Neil Dutta, chief economist at Renaissance Macro Research, predicted yesterday that the Federal Reserve could execute a surprise rate hike at this month's FOMC meeting. Dutta cited persistent inflation pressures, including a June consumer price index of 3.5%

According to Chuangyuan Futures report on July 27, the US did not launch strikes against Iran for two consecutive nights, and Iran has halted retaliatory attacks. Iranian officials stated that Iran will continue ceasefire if the US maintains its current stance. Both nations have responded

According to Jin10 Futures, as of 8:30 AM on July 27, WTI crude oil and international spot silver were among the most volatile commodities overnight, with corresponding theoretical impact on domestic futures

According to Jin10 Futures, on July 27, Middle East tensions eased, triggering a decline in international oil prices. With weakening cost support, PX prices are expected to follow crude oil lower today.