Commodities (Crude Oil & Copper) & Macro Outlook

S-Oil's operating profit for the third quarter of 2025 is forecast to surge 461.86% year-over-year to KRW 1.2877 trillion, according to a survey of six major domestic securities firms conducted by Yonhap Infomax. The projected earnings jump is driven by tight global oil market supply, sustained

According to Citic Futures research report and China Baobao data, China's smelting profit declined to 83.6 yuan/ton as of October 23, down notably from the previous period. The spread between scrap and virgin aluminum has hit a near 5-year low, while refined aluminum inventory continues to decline a

According to the National Development and Reform Commission, China has set the minimum purchase price for grade-3 wheat produced in 2027-2028 at 119 yuan per 50 kilograms. The pricing takes into account grain production costs, market supply and demand, domestic and international market prices, and i

According to reports, CBOT corn futures (December contract) fell 3.9% over the week ending October 23, hitting a three-month low. Dry weather in the U.S. Midwest accelerated harvest activity, while expectations of Russian-Ukrainian peace negotiations—with talks potentially resuming in early

According to overseas brokers, USD/KRW one-month forwards fell to 1,322.30 won on October 23 (New York time), down 1.20 won from Seoul's previous close of 1,324.60 won. The decline occurred amid Middle Eastern tensions that drove Brent crude December futures up 3.14% to $116.72 per barrel—its

According to China National Pipeline Corporation, the China-Myanmar crude oil pipeline has surpassed 1 billion tons in cumulative throughput. The pipeline, which commenced operations in June 2017, spans 618 kilometers within China and runs from Ruili in Yunnan province to the Anning refinery, also i

According to Guru Club, Brent crude slipped below $116 per barrel on October 26, pulling back from a six-month high after surging over 6% the previous week, while WTI crude hovered near $102. The pullback reflects geopolitical tensions in the Middle East as the U.S. expanded evacuations of

U.S. stock markets closed predominantly lower on Thursday, October 23, 2026, as artificial intelligence trade plummeted amid concerns about the sustainability of massive spending on AI data centers. The S&P 500 and Nasdaq Composite ended sharply lower while the Dow managed a marginal gain. Stock

According to reports, U.S. and Brent crude opened lower by 1.2% on Monday as Qatar's mediator traveled to Tehran to coordinate efforts aimed at de-escalating regional tensions.

According to Nomura strategist Charlie McElligott, recent market turbulence reflects a fundamental shift in AI investment sentiment, with reassessment of capital spending plans triggering widespread volatility across multiple asset classes. During peak trading days, 47 of 124 tracked equity pairs tr

European natural gas prices reached their highest level since 2022 during Monday's Asian trading session, according to market data.

The Federal Reserve announces its rate decision at 2:00 p.m. ET on October 28 with 94 of 100 economists expecting the central bank to hold its target range at 3.75%-4.00%, according to a Reuters poll conducted October 16-20. Market pricing shifted dramatically from approximately 73% probability of a

According to a Reuters poll conducted October 16-20, 94 of 100 economists expect the Federal Reserve to hold rates unchanged at 3.75%-4.00% on October 28, while all 100 respondents forecast a rate increase at the December meeting. Market odds have shifted dramatically, with October hike

In US Stock Market News, the Dow Industrials gained 509.19 points, or 0.98%, to end at 52,573.29 on Friday (Sep 11 2026, 4:15 PM EDT / 1:45 AM IST), as oil prices retreated and traders looked past August's consumer inflation report. The S&P 500 advanced 0.86% to 7,656.98, and the Nasdaq Composite

Wall Street is bracing for a crucial week with the US Federal Reserve's interest rate decision scheduled for Wednesday (1:00 PM ET / 11:30 PM IST), alongside quarterly earnings from major technology companies and economic data releases, as US Stock Market News continues to focus on inflation

On October 25, U.S. Central Command (CENTCOM) Commander General Brad Cooper visited the Strait of Hormuz to assess current operational conditions. According to CENTCOM, U.S. military support has enabled Gulf partners to export over 1.5 billion barrels of crude oil since summer, with more

According to statements from the Houthis, the group conducted military strikes against multiple Saudi Arabian targets, including Saudi Aramco's Yanbu facility, the Rabig refinery, and international airports in Riyadh and

According to FinanceFeeds, Robinhood Markets (NASDAQ: HOOD) stock closed at $95.07 on October 23 ahead of Q3 earnings results scheduled for October 27, as rapid expansion in prediction-market products, particularly 15-minute bitcoin contracts, reshapes the company's revenue mix. JB Mackenzie, Robinh

According to Jin10, Iran's parliamentary speaker Majid Qalibaf on Sunday called for a nationwide campaign to reduce natural gas consumption by at least 10% as winter approaches. The country faces anticipated gas shortages during the cold months, exacerbated by damage to key infrastructure