Commodities (Crude Oil & Copper) & Macro Outlook

BlackRock highlighted that rising government bond yields in developed economies are creating new income opportunities for investors. The investment management firm shared this commentary via its social media channel, noting that yields have risen throughout

According to Iran's Islamic Revolutionary Guard Corps, on September 10, Iran attacked a U.S. military Saildrone unmanned vessel in the Strait of Hormuz, claiming to have thwarted its "invasion mission." Meanwhile, Iran-backed Houthis captured the strategic port city of Mocha in western Yemen from Sa

According to Goldman Sachs, agricultural commodity price risks may be significantly underestimated, with escalating geopolitical tensions, strong El Niño, and trade protectionism driving upside pressure on food prices, as reported on September 11. The BCOM commodity index and long-end yields have mo

OPEC reduced its forecast for global oil demand growth in 2026 to 400,000 barrels per day, down from the previous estimate of 600,000 barrels per day in August. The adjustment follows a series of downward revisions in previous months, reflecting a cautious outlook on future oil consumption. The

OPEC revised its 2026 global oil demand growth forecast to 400,000 barrels per day, down from 600,000 barrels per day projected in August. The downward adjustment reflects a series of recent forecast reductions and a more cautious outlook on future oil consumption amid market

According to Shanghai Securities News, ICE sugar futures rallied to 19.69 cents per pound on September 10, up 34% since early August due to El Niño-driven production concerns in major sugar-producing nations. Over the same period, domestic Chinese white sugar futures gained only 7%, with spot

According to Taiwan Machinery Association, Taiwan's machinery exports reached $34.46 billion in August, up 19% year-over-year, marking the 19th consecutive month of growth. Cumulative exports for the first eight months totaled $245.44 billion, also up 19.1% annually. The association projects full-ye

The US dollar strengthened as international oil prices surged and US wholesale inflation data raised concerns, coinciding with a sharp rise in Treasury yields. The euro weakened despite the European Central Bank's rate hike, pressured by soaring energy prices. According to Yonhap Infomax, the dollar

According to a statement released Thursday, Nathan Trotter & Co., a U.S.-backed tin refiner, signed a multi-year purchase agreement to acquire all tin concentrate produced by Australia-based Huntore's mining and processing operations in Queensland. STG Metals provided financing for the

According to Guru Club, WTI crude oil rose 1% intraday to $104.2 per barrel on September 11.

According to Cecafé, Brazil exported a record 4.155 million bags of coffee in August, up 31% year-over-year. Green coffee (unprocessed) shipments reached 3.82 million bags, growing 32% compared to the same month last year, signaling that the country's abundant crop has finally entered the market

According to U.S. Bureau of Labor Statistics data released Thursday (September 10), August producer prices accelerated with annual PPI rising 5.4% versus market expectations of 5.3%. The stronger-than-expected inflation reading boosted market odds of a Federal Reserve rate hike at its September 16 m

West Texas Intermediate (WTI) crude oil broke the $100 per barrel threshold on September 10 (US Eastern Time), following Brent crude's earlier breach of the same level. WTI October delivery closed at $102.48 per barrel, up $6.43 (6.69%) from the previous session, marking the eighth consecutive

WTI crude oil and Brent surged past the $100 per barrel mark on September 10 (U.S. Eastern Time). WTI October futures closed at $102.48 per barrel, up 6.69%, marking the eighth consecutive trading day of gains and the highest closing price since May 19. Brent November futures rose 6.34% to $107.63,

On Thursday, Sept 10, spot gold fell 1.91% to $4,314.82 per ounce in New York close, while spot silver declined 5.43% to $63.60 per ounce. COMEX copper futures dropped 5.24% to $6.5275 per pound. The declines were triggered by the European Central Bank's rate hike announcement and media reports on T

According to Jin10 and financial website Fxstreet, spot gold fell 1.9% to $4,316 per ounce at the end of U.S. session on September 11, while spot silver declined 5.5% to $63.56 per ounce. WTI crude oil broke the $100 per barrel mark for the first time since mid-May, putting pressure on

Robinhood Markets' derivatives subsidiary has petitioned the U.S. Supreme Court to review a ruling issued last month by the Ninth Circuit Court of Appeals that favored state regulators in a legal dispute over sports event contracts. The core disagreement centers on whether sports contracts should

According to Gate data, Brent crude oil (XBRUSD) rose above $110 per barrel over the past 24 hours, trading at $110.00 per barrel with a 24-hour gain of 7.1%.

Brent crude oil broke the pivotal resistance level of 95.0 and is targeting the next resistance level at 112.80, a former strong resistance from March and May. The breakout occurred at the intersection of the 95.0 level, which had been reversing prices from the start of June, and the 50% Fibonacci c