Commodities (Crude Oil & Copper) & Macro Outlook

South Korean stocks traded mixed on the 13th morning, with KOSPI falling at open then turning volatile. SK Hynix dropped over 3% while Samsung Electronics gained. Geopolitical tensions escalated as US President Trump ended Iran ceasefire, Iran blocked Strait of Hormuz, and US airstrikes began at 6

According to Guru Club, crude oil prices surged on July 13, with Brent crude futures rising 4% to $79.076 per barrel and WTI crude climbing 4% to $74.27 per barrel.

According to Yonhap Infomax's aggregation of six major domestic brokerages, POSCO Future M is forecast to post operating profit of 29.5 billion won in the second quarter of 2026, up 37-fold from a year earlier. Revenue is expected to reach 814.4 billion won, growing 23.23 percent year-over-year.

According to Jin10, international crude oil opened higher and fluctuated during early morning pre-market trading on July 13.

According to BlockBeats, U.S. military operations against Iran on July 13 triggered a spike in international crude oil prices and elevated U.S. Treasury yields, while escalating uncertainty in the Strait of Hormuz. The surge in oil prices bolstered inflation expectations, prompting markets to

South Korea's exports surged 53.9% year-over-year during July 1-10, reaching $29.8 billion according to customs data released on the 13th. The growth was driven by a 193% spike in semiconductor shipments, which accounted for 37.6% of total exports during the period. This marks the highest export

According to Yonhap Infomax's consensus of 11 major South Korean securities firms, POSCO Holdings' operating profit for the second quarter is forecast at 709.6 billion Korean won, up 16.88% year-over-year as of July 13. The steelmaker is expected to post sales of 18.06 trillion Korean won and net pr

Economist Nouriel Roubini is entering the digital asset market by launching a token backed by an exchange-traded fund (ETF) as its underlying asset, according to Business Insider on May 11 (local time). The token, based on Roubini's Atlas Americas Fund, recently received approval from United Arab

According to official customs data, South Korea's exports climbed 53.9% year-over-year during July 1-10, while imports grew 17.4% over the same period.

According to Business Insider, economist Nouriel Roubini launched a token backed by his Atlas Americas Fund on July 11, with regulatory approval from the United Arab Emirates. The token, set to debut within weeks, invests in short-term U.S. Treasury securities, gold, REITs, commodities, and

According to Jin10, Iran's Islamic Revolutionary Guards announced the closure of the Strait of Hormuz until the United States ceases its interference in the region. The statement indicated that a vessel attempted to transit the waterway along an unauthorized route, prompting Iranian forces to

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to the U.S. Department of Agriculture, CBOT soybean futures climbed 3.75% in the week ending July 10 as buyers accelerated purchases of American soybeans. The USDA confirmed sales of 472,000 tonnes to China on July 9, followed by 136,000 tonnes on July 10 and 264,000 tonnes on July 11,

According to Jin10 Futures, CBOT soybean oil futures surged 5.4% in the week ended July 10, primarily reflecting strong gains in international crude oil futures and strength in external vegetable oil markets. The U.S. Department of Agriculture supply and demand data had a neutral market impact.

According to China Securities Journal, Baotou Steel and China Northern Rare Earth recently cut their third-quarter rare earth concentrate pricing to 38,600 yuan per ton, a 0.62% sequential decline. The price adjustment ends a seven-quarter winning streak for the two rare earth

According to Shanghai Securities News, major listed Chinese aluminum companies including Tianshan Aluminum, Shenghuo Co., and Zhongfu Industrial disclosed that their earnings in the first half of 2026 doubled year-over-year, driven by elevated aluminum prices and lower aluminum oxide costs. The comp

According to China National Petroleum, on July 13, Tarim Oilfield reached a milestone by exceeding 400 billion cubic meters in cumulative gas supply to the West-East Gas Pipeline network, securing energy supply for nearly 500 million people

US stock markets rose over the weekend as President Donald Trump announced that negotiations with Iran 'ended,' though expectations of continued behind-the-scenes dialogue drove oil prices lower. WTI crude traded at $71 per barrel and Brent crude at $76 per barrel. Analysts at Pepperstone and Citi s

According to Kuwait's Defense Ministry spokesman, three military border posts in northern Kuwait and an offshore drilling platform operated by Kuwait National Petroleum Company came under attack on the evening of July 12. The border facilities sustained damage from the attack, while the oil rig

WTI crude oil surged to break through $74 per barrel intraday, with a daily gain of 3.63%.