Commodities (Crude Oil & Copper) & Macro Outlook

Bitcoin (BTC) continued its downward trend, trading at around $78,850 on September 9. In its latest reporting period, Strategy announced that it would suspend Bitcoin purchases and instead repurchase $176.3 million worth of its own STRC preferred stock. Since 2025, U.S. President Trump’s envoy Steve Witkoff has profited $107 million from a crypto-related holding company. Macro Events & Crypto Hotspots According to BlockTempo, U.S.-listed Bitcoin treasury giant Strategy (formerly MicroStrategy) c

Hypurrscan on-chain data monitoring showed on Sept. 9 that “Machi Big Brother,” Huang Licheng, had again opened a 40x leveraged Bitcoin Long Position, holding 200 BTC worth approximately $15.75 million, with an unrealized profit of about $48,000. On the same day, Bitcoin was trading at approximately $78,524, down 0.72% over 24 hours. The Aug. NFP employment report released last Friday showed an increase of 162,000 jobs. Details of Huang Licheng’s 40x Leveraged BTC Long Position According to on-c

According to China National Offshore Oil Corporation (CNOC), China's first centennial-depth oil and gas in-situ expansion platform officially entered operation today (September 9), with the initial expansion adjustment well of the Enping 24-2 oil field successfully put into

According to AP, on September 8, U.S. President Donald Trump instructed the General Services Administration (GSA) to exclude Canadian products from large-scale and long-term federal procurement contracts until Canada provides "complete and fair reciprocity" on American goods. The move responds to Ca

According to Jin10, methanol futures jumped higher than 6% during early trading on September 9, driven by escalating U.S.-Iran geopolitical tensions. Houthi attacks on multiple Saudi locations pushed crude oil prices higher and disrupted shipping through key maritime straits, limiting methanol

The USD-KRW exchange rate is expected to continue trading around the 1,340 won level on September 9th, with potential attempts to break into the 1,330 won range during intraday sessions driven by selling inflows, though strengthening support at lower levels is anticipated to provide a solid floor. T

According to Yonhap Infomax, on September 9, South Korea's bond market faced upward pressure on yields as Brent crude oil prices approached $100 per barrel amid Middle East tensions. Overnight, international oil prices continued their upward trend following reports of multiple explosions near

According to Jin10 and South Korean media reports, South Korea confirmed a $22 billion natural gas-fired power project in Encinal, Texas on September 9, marking its first major U.S. investment under last year's bilateral trade agreement. The project will have a total capacity of 6.3 gigawatts,

According to Jin10 Futures, on September 9, crude oil prices rose and domestic fuel oil market sentiment improved. Refinery ex-factory pricing increased in stages, while downstream inventory demand remained strong, driven by dual support from market conditions and supply-demand

According to Jin Lian Chuang, as of September 9, China's refined oil prices should rise 260 yuan/ton based on reference crude oil averaging $92.16/barrel with a change rate of 5.07%. The next adjustment window is scheduled for September 11 at 24:00, following the "ten working days" pricing

According to Yonhap News, U.S. stock index futures declined overnight on September 9 as geopolitical tensions in the Middle East drove oil prices higher. E-mini S&P 500 futures fell 0.02% to 7,678.75, while E-mini Nasdaq 100 futures dropped 0.05% to 29,522.00. Brent crude futures traded above $99 p

According to the U.S. Central Command (CENTCOM), the command destroyed five Iranian oil tankers on September 8 in response to two ballistic missile attacks by Iran's Islamic Revolutionary Guard Corps (IRGC) against U.S. Navy

Japanese stocks rose at 9:15 AM on the 9th despite overnight declines in US markets driven by escalating Middle East tensions. The Nikkei 225 index gained 59.55 points (0.09%) to 65,328.88, while the TOPIX index advanced 3.64 points (0.09%) to 4,053.97. The gains occurred as pro-Iran Yemeni Houthi r

According to Yonhapinfomax, Japan's Nikkei 225 index rose 59.55 points to 65,328.88 on Sept 9 as of 9:15 a.m. JST, while the TOPIX gained 3.64 points to 4,053.97. The gains came despite weakness in U.S. stock markets, which fell as Middle East tensions escalated, pushing crude oil prices higher

According to Mexico's Finance Ministry budget proposal released recently, the average price for crude oil exports in 2027 is projected at $61.8 per barrel.

In the New York NDF market on Sept 9, the USD-KRW 1-month contract closed at 1,339.60 won (MID) overnight, declining 5.65 won from Seoul's previous spot rate of 1,345.60 won after adjusting for the latest swap point of minus 0.35 won. Bid was set at 1,339.40 won and ask at 1,339.80 won. The

SK Hynix rose 1.12% in premarket trading on May 9 as the KOSPI prepared to retest the 7000 level after closing at 6954.52 the previous day, down 0.58%. The gains came despite overnight US market declines driven by Middle East tensions

According to Seoul Economic Daily, on September 8, SK Hynix ADR rose 4.83% and Samsung Electronics gained 0.37% despite broad weakness in U.S. markets, as geopolitical tensions in the Middle East escalated. The Philadelphia Semiconductor Index advanced 1.30%, with memory chip makers outperforming am

According to Jin10 Futures, CBOT soybean oil futures closed up 2.1% on Tuesday (Sept 9), tracking international crude oil market gains. Crude oil futures surged to a six-week high following Houthi armed attacks on Saudi energy facilities that sparked fires, providing support to the Chicago soybean o

According to Jin10, Chicago Board of Trade (CBOT) soft red winter wheat futures closed up 1.8% on Tuesday, primarily driven by persistent concerns regarding the Black Sea region.