Commodities (Crude Oil & Copper) & Macro Outlook

International gold futures experienced a sharp decline on the afternoon of the 23rd (US Eastern Time), with August delivery contracts falling 2.54% amid rising oil prices and Treasury yields. The August gold futures contract (GCQ6) on the COMEX exchange dropped $105.60 to $4,046.30 per troy ounce as

The German 10-year Bund yield, serving as the eurozone government bond market benchmark, reached a 15-year high on July 23 (local time) amid surging international oil prices. The yield closed at 3.2304%, up 2.81 basis points from the previous session — the highest level since May 2011. The rise

According to Yonhapnews, German Bund 10-year yields reached 3.2304% on July 23, their highest level since May 2011, driven by surging international oil prices and monetary policy expectations. Brent crude briefly exceeded $100 per barrel for the first time since May 26, amid escalating U.S.-Iran

According to Kitco, spot gold fell to $4,066.82, down 1.52%, while silver dropped to $58.06, down 2.75% Thursday morning, as rising Treasury yields, a firmer U.S. dollar, and crude oil prices above $90 a barrel offset safe-haven demand from escalating U.S.-Iran tensions in the Strait of Hormuz.

From 20:00 to 20:15 UTC on July 23, 2026, BTC saw a slight short-term uptick of 0.32%, with a price range of 64,835.0–65,057.9 USDT and an amplitude of 0.34%. Ahead of next week’s Fed rate decision, the market largely stayed on the sidelines, with trading volume remaining on the low side. BTC fell from the 24-hour high of $66,314.9 to $65,167.6, down about 1.16% cumulatively over the past 24 hours. The main driver behind this move was the ongoing escalation of the military conflict between Iran

According to Southwest Airlines CFO Tom Doxey, the Dallas-based carrier shipped 12.6 million gallons of jet fuel from Houston to Los Angeles on May 28, marking the airline's first such cargo shipment. The vessel traveled through the Panama Canal to address supply concerns on the West Coast, where

According to ICE Futures and NYMEX data, Brent crude oil futures for September delivery closed at $100.69 per barrel on July 23, surging 7.04% on the day. This marked the first time the international benchmark has exceeded $100 per barrel in roughly two months, driven by escalating tensions in the M

According to Jin10, OPEC+ is likely to agree on August 2 to raise its September production target by approximately 188,000 barrels per day, the same increase pace as June, July, and August, despite Iranian conflict disruptions. Current OPEC+ output stands significantly below quota due to export

According to Yonhapinfomax, the USD/KRW exchange rate fell 5.2 won to 1,474.90 won in overnight trading on July 24 (Korea time), rebounding from intraday lows but remaining up 8.1 won from the previous session's close of 1,466.80 won. The currency movement was driven by strong U.S. labor market

According to Bloomberg data, CBOT wheat futures fell 1.59% to $6.9450 per bushel at the close of New York trading on July 23. The Bloomberg Grains Index declined 0.08%, settling at 32.97 points.

On Thursday, Bitcoin slid below $64,700, triggering $42.3 million in long liquidations, as U.S. Senate progress on the CLARITY Act stalled and crude oil surged past $101 per barrel. The cryptocurrency declined 2%

The Joint Maritime Information Center (JMIC), a multinational maritime surveillance body led by the US Central Command, upgraded the threat level for the southern Red Sea and Bab el-Mandeb Strait from 'Moderate' to 'Substantial' on the 23rd (local time). The decision followed an attack on a

On July 23, WTI September crude futures closed up 5.36 dollars, or 6.17%, at $92.19 per barrel. Abu Dhabi Murban crude futures surged 20.71% to $108.00 per barrel. NYMEX August natural gas futures settled at $2.9160 per million British thermal units, while August gasoline futures closed at $3.4964 p

Shanghai gold futures closed down 2.25% to 884 yuan per gram, while Shanghai silver futures fell 4.22% to 14,110 yuan per kilogram in overnight trading at 2:30 a.m. on July 23. SC crude oil futures rose 7.11% to 604 yuan per

Shanghai Futures Exchange crude oil contract 2609 closed up 7.11% overnight (July 23), ending at 604 yuan per barrel. Shanghai gold futures fell 2.25%, while Shanghai silver futures declined 4.22% in the same

According to Jin10 Data, international oil prices rallied sharply on July 24. WTI crude oil surged 8.00% to $93.87 per barrel, while Brent crude oil climbed 6.00% to $96.11 per barrel, both posting significant intraday

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 8% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to Iran's Tasnim News Agency, an Iranian oil tanker entered the Oman Sea from international waters minutes ago, disregarding U.S. claims of a blockade.