Commodities (Crude Oil & Copper) & Macro Outlook

According to Chaos Chengcheng Futures report on May 20, Indonesia is preparing to establish a new export agency linked to the state sector to manage specific commodity exports, which has sparked market concerns over potential pricing control. Meanwhile, Malaysia's high-frequency data shows

Robert Kiyosaki said his attorney issued a cease-and-desist notice after someone used his name to present investment recommendations. The Rich Dad Poor Dad author said he shares his own holdings, including gold, silver, bitcoin, ethereum, oil, and cattle, but does not give financial advice. Key

According to CITIC Securities, commodities markets may see a bull market environment this year driven by inflation and monetary easing, supported by widespread supply-demand imbalances across most commodities. The brokerage's analysis suggests the Federal Reserve may respond less aggressively to

According to Jin10 Futures, CBOT soybean meal futures fell on Tuesday, with benchmark contracts declining 0.7% amid profit-taking by long positions. The most actively traded July contracts traded between $330.7 and $338.2 per ton. EU data showed soybean imports for 2025/26 at 11.6 million tons,

CBOT corn futures declined 0.2% on Tuesday, with the benchmark contract trading lower as long holders took profits following Monday's rally. The most actively traded July contract ranged between 472 and 481.75 cents. According to the U.S. Department of Agriculture, corn planting progress

According to Jin10 Futures, CBOT soybean oil futures fell 0.3% on Tuesday (May 20), tracking weakness in international crude oil markets. The benchmark contract traded in a range of 75.18 to 75.90 cents per bushel, with crude oil declining after U.S. Vice President Vance indicated progress in

On Tuesday, May 20, according to trader data, commodity funds conducted net sales of CBOT soybean oil, soybean meal, soybean, wheat, and corn futures contracts. The largest position adjustment involved net selling of 2,000 soybean futures contracts.

U.S. equity markets declined on May 20 as long-term Treasury yields surged amid persistent inflation concerns. The S&P 500 and Nasdaq both fell for a third straight day, with Google shares dropping over 2%. The 30-year U.S. Treasury yield approached 5.2% intraday, reaching its highest level

According to IG Group's Q1 2026 earnings update released in May, organic total revenue rose 19% to £331.2 million in the three months ended March 31, 2026, driven by stronger trading activity and customer growth across its core over-the-counter derivatives, stock trading and crypto segments. The

According to its announcement on May 19, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) added 12 individuals from multiple countries and regions to its Specially Designated Nationals List targeting Iran. The sanctions also include 19 oil, liquefied petroleum gas, and

The UK government issued a general trade license on May 19 allowing imports of diesel and aviation fuel refined from Russian crude oil by third-country processors, according to an announcement by the Department for Business and Trade. The license permits the import of specified diesel and aviation f

According to Jin10, on May 20, U.S. President Trump stated the administration may conduct another strike on Iran, giving the country 2-3 days to respond, with a potential window until Friday, Saturday, or early next week. Separately, NATO set a July deadline for reopening the Hormuz Strait, with

U.S. API gasoline stockpiles fell 5.795 million barrels in the week ending May 15, significantly exceeding economist expectations of a 2.11 million barrel decline. The previous week had recorded a build of 502,000 barrels.

According to the American Petroleum Institute (API), U.S. crude oil production declined by 78,000 barrels per day (bpd) for the week ended May 15, down from the previous week's increase of 188,000 bpd.

According to API data, U.S. crude oil inventories at Cushing declined by 1.428 million barrels in the week ending May 15, compared to a decline of 1.755 million barrels in the prior week.

According to the U.S. API, refined oil inventories fell 1.047 million barrels in the week to May 15, below market expectations of a 1.252 million barrel decline. The prior week saw a smaller drawdown of 319,000 barrels.

According to the American Petroleum Institute (API), U.S. heating oil inventories increased by 180,000 barrels for the week ending May 15, reversing the prior week's decline of 116,000 barrels.

According to API data, U.S. crude oil imports fell 88,000 barrels in the week ended May 15, compared to 337,000 barrels in the previous week.

On Tuesday (May 19), gold ETF declined 1.66%, outpacing losses among major U.S. asset class ETFs. Meanwhile, the Brent oil fund gained 2.01%, making it the top performer among major commodity and equity funds