Commodities (Crude Oil & Copper) & Macro Outlook

From 05:15 to 05:30 UTC on September 3, 2026, BTC plunged 0.56% in 15 minutes, with its price falling from 77,653.6 USDT to 77,103.6 USDT and with an amplitude of 0.71%. The Short-term chart showed a “Bart Simpson” technical pattern, with a sharp rise followed by a sharp decline. Risk-averse sentiment intensified, while overall trading sentiment remained cautious. The core driver of this volatility was the continued escalation of the US-Iran military conflict. The US military launched a new roun

According to Larry Holzenthal, senior portfolio manager at Catalyst Funds, on September 3, global bond markets are being driven by different factors across regions. U.S. corporate earnings remain relatively strong compared to other developed markets,

Brent crude oil declined 1.0% intraday, trading at $94.67 per barrel on September 3.

According to Jin10 data on September 3, Europe's natural gas storage remains insufficient as summer ends, with a potential global supply competition that could drive up winter prices. To meet the minimum 75% storage target, Europe currently needs to add over 100 terawatt-hours (TWh) of natural gas,

According to Jin10 data, approximately 90,000 tons of South Korean diesel will be shipped to northwest Europe this month via the tanker Priamos, with likely destinations being the UK or Rotterdam. The trade, facilitated by Trafigura, marks a rare route spanning over 12,000 nautical miles and likely

According to a National Economic Conditions report released by the Federal Reserve on September 2, U.S. economic activity maintained slight to moderate growth from early July through August 24, but increased uncertainty emerged from rising energy prices, policy changes, and international

According to Newtalk, citing Nikkei Asia Review, Malaysia is considering lifting its ban on rare earth ore exports to attract foreign investment as China prepares to potentially reimpose restrictions on critical minerals in November 2026. Southern Alliance Mining chief operating officer Lim Wei

Pfizer Inc. (PFE), GitLab Inc. (GTLB), and ConocoPhillips (COP) stocks reached 52-week highs on Wednesday. PFE closed up 1.65% after the U.S. Food and Drug Administration cleared its updated COVID-19 vaccine. GTLB gained nearly 10% following fiscal second-quarter revenue of $286.3 million and

According to CNN, citing two U.S. officials familiar with the operation, the U.S. military escorted 40 commercial vessels carrying 18 million barrels of oil through the Strait of Hormuz on Tuesday (September 3), marking a record high during wartime. Separately, according to CCTV, Iran launched a mi

According to Chevron, the U.S. oil giant announced on Wednesday (September 2) plans to invest over $7 billion to double its crude oil production in Venezuela to approximately 600,000 barrels per day over the next five years. Chevron, currently the only major U.S. oil company with large-scale

U.S. stock futures traded higher in the overnight session late Wednesday as markets focused on earnings results from major technology companies and looked past ongoing tensions in the Middle East. Dow futures climbed 0.11%, while S&P 500 and Nasdaq-100 futures gained 0.07% and 0.14%, respectively, a

According to The Block, on Wednesday the U.S. Commodity Futures Trading Commission filed a motion in federal court seeking to dismiss CME Group's lawsuit challenging the agency's approval of cryptocurrency perpetual futures. In the motion, the CFTC argued that CME's claims lack legal standing,

US stock indices ended higher on Wednesday, with the S&P 500 rising 0.5%, the Nasdaq 100 gaining 0.2%, and the Dow Jones Industrial Average adding 0.6%. The rally followed a stabilization in oil prices, with West Texas Intermediate crude steadying at the $90-a-barrel level, as investors assessed

According to Shanghai Vice Secretary-General Zhu Min at a city government briefing on September 3, Shanghai will strengthen pricing, transshipment, and risk management functions during the 15th Five-Year Plan period by building a multi-tiered 'Shanghai Price' system. The framework will span

On Wednesday, U.S. stock indices ended higher after oil prices halted their advance, with the S&P 500 gaining 0.5%, the Dow Jones Industrial Average rising 0.6%, and the Nasdaq 100 adding 0.2%. West Texas Intermediate crude stabilized near the $90-a-barrel threshold as Treasury yields retreated

According to Jin10, as of September 3 at 11:32 AM, China's major futures contracts showed mixed capital flows. Shanghai Gold 2610 led inflows with 1.327 billion yuan, followed by Soybean Meal 2701 at 624 million yuan. On the outflow side, CSI 1000 2609 led with 6.851 billion yuan, CSI 500 2609 at 4.

According to Jin10, Asia's liquefied natural gas spot prices surged to $25.908 per million BTU on Wednesday evening, Sept 3, marking the highest level since December 2022. The rally was driven by escalating U.S.-Iran hostilities, which sparked concerns over potential long-term disruptions to

According to Jin10 Futures, on September 3, PTA spot prices rose above 6,500 yuan/ton, driven by surging crude oil costs amid escalating U.S.-Iran tensions. Brent crude oil briefly rallied to 97 per barrel, offsetting supply pressures from

According to Guru Club, on September 3, Brazil's Congress passed a critical minerals law granting the government expanded authority to review mining transactions. Brazil holds the world's second-largest rare earth reserves after China and possesses significant deposits of key minerals essential