Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, ICE Canadian canola futures closed higher on Tuesday, with the benchmark contract up 2.02%, reflecting weather worries in parts of Canada's prairie region and strength in crude oil markets. Middle East tensions lifted global crude and vegetable oil prices, boosting Chicago

South Korean stocks fell on the 8th as the KOSPI index closed at 6,954.52, down 40.87 points or 0.58%, failing to hold the psychologically significant 7,000 level despite opening higher at 7,045.79 and reaching an intraday peak of 7,171.52. The decline was driven by escalating Middle East

Korean government bond futures showed mixed results in overnight trading on the 9th, with trading volumes sharply lower than usual. The 3-year bond futures closed unchanged at 103.11 while 10-year futures fell 3 ticks to 105.10, as trading activity declined significantly from previous sessions.

According to reports on September 8 (US Eastern time), Middle East conflict intensified as U.S. forces targeted Iran's Kharg Island oil facility, its critical crude export hub. The Houthi-aligned Yemeni

U.S. officials confirmed on Sept. 8 that plans to impose a 50% tariff on Canadian automobiles starting Jan. 1 remain in place. The policy announcement reflects ongoing trade tensions between the two countries amid broader tariff

According to senior Trump administration officials, import tariffs targeting Canadian products will take effect in roughly three weeks, as reported on September 8.

According to Jin10, U.S. stocks fell overnight on September 9, with the Dow dropping 1.18% to 52,786.07 points, the S&P 500 declining 0.58% to 7,673.52 points, and the Nasdaq falling 0.32% to 26,421.41 points. The tech sector showed divergence: optical communication stocks surged with Lumentum

IBK Securities maintained S-Oil as its top pick in the refining sector, arguing that rising interest rates—typically viewed as a headwind for refining stocks—may instead raise the scarcity value of existing refining capacity. Analyst Lee Dong-wook stated that high rates constrain new refinery

According to IBK Investment & Securities on September 9, higher interest rates, typically viewed as negative for oil stocks, may actually increase the relative value of S-Oil's existing refining infrastructure. The firm maintained S-Oil as its top pick in the refining sector. Analyst Lee Dong-wook n

According to Korea Securities Depository, Korean retail investors net bought $110.15 million in iShares 0-3 Month Treasury Bond ETF (SGOV) during the week of August 29 to September 4, ranking first among retail investor purchases. The product also ranked third globally for net inflows at $2.031

According to the White House, products imported before September 29, 2026 but not yet consumed or withdrawn from warehouses will continue to be subject to a 50% tariff.

According to Guru Club survey data, OPEC member crude oil supply fell by 900,000 barrels per day (B/D) in August, dropping to an average of 19.91 million B/D. Saudi Arabia's August crude production declined to 6.98 million B/D, marking the lowest level since May. The declines were driven by

According to CNBC, on September 3, major online travel platforms fell sharply following a roughly 2% surge in October gasoline futures on the New York Mercantile Exchange. Expedia Group (NAS: EXPE) declined 7.88% to $274.55, while Booking Holdings (NAS: BKNG) dropped 6.72% to $180.30, as investors c

Canada applied counter-tariffs of 15%, 25% and 50% to C$27.6 billion of US-origin goods at 12:01 a.m. on September 8, according to the Department of Finance Canada. The measures match US Section 338 tariffs "dollar for dollar" with additional products from sectors affected by Section 232 duties.

According to the Department of Finance Canada, Canada began applying counter-tariffs of 15%, 25%, and 50% to C$27.6 billion of U.S.-origin goods at 12:01 a.m. on September 8. The measures match U.S. Section 338 tariffs dollar-for-dollar, with additional products from sectors affected by Section 232

U.S. Secretary of State Marco Rubio warned on September 8 that any Iranian attempt to attack American naval vessels will result in strikes against Iranian oil tankers. The statement represents an escalation of existing tensions between the two nations over maritime security in contested

According to U.S. Central Command, on September 8, U.S. forces destroyed five Iranian oil tankers. The action followed two ballistic missile attacks on a U.S. Navy warship by Iran's Revolutionary Guards over the preceding two days. The American vessel successfully evaded both Iranian attacks and co

US Treasury prices fell for a second consecutive trading session on September 8, with the 10-year yield rising 2.10 basis points to 4.8050% as of 3:00 PM Eastern Time. Oil prices climbed 1.69% to $93.03 per barrel for West Texas Intermediate October futures—the sixth straight trading day of gains

Korean stock market margin trading balances surged 15% in August as the KOSPI benchmark approached the 7000 level, according to data from the Korea Financial Investment Association released on September 8th. Credit-financed stock purchases reached 33.2

Iranian state media reported multiple explosions at Kharg Island and the Jask region on the 8th local time, with one outlet attributing a tanker strike to US forces. Semi-official Mehr News Agency said explosion sounds were heard in the anchorage area of Kharg Island, Iran's primary oil export hub t