Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10 Futures on October 23, lithium carbonate futures prices continued to decline, with China's Guangzhou Futures Exchange issuing a risk warning on the evening of October 22. Industry analysts attributed the decline to weakening macro expectations and market repricing of long-term

According to Jin10 Futures, China's domestic fuel oil market remained elevated on Oct 23, supported by robust feedstock costs as refineries held back supplies at lower prices. However, downstream deep-processing margins contracted, prompting traders to adopt cautious buying strategies amid mixed mar

From October 22 to 23, 2026 (UTC), BTC fell 3.68% over 24 hours, trading between $80,935.7 and $84,847.5. However, the daily candle closed 0.22% higher, with an amplitude of 0.26%, suggesting overall short-term stabilization. Market interest increased significantly and volatility picked up, but there was no panic selling. The main driver was a continued rise in oil prices amid escalating tensions in the Middle East. Intensifying geopolitical conflicts involving Iran fueled concerns that shipping

According to CITIC Securities, rare earth permanent magnet exports reached a record monthly high this year this month, driven by positive signals from China-EU trade consultations. Combined with peak seasonal demand in the fourth quarter and emerging sector growth including humanoid robots, the rare

According to Jin10 Futures, yesterday (Oct 23), butadiene market costs rebounded firmly while butyrene rubber prices held steady. Market quotes consolidated in a narrow range with cautious terminal purchasing and minimal transaction volumes. Supply remained tight in the spot market, and traders

According to Bloomberg, the Commodity Markets Council, representing derivatives exchanges including CME Group and commodity traders, has urged the U.S. Commodity Futures Trading Commission (CFTC) to reject perpetual oil futures contracts proposed by prediction market platform Kalshi, citing

According to Bloomberg, on October 23, the Commodity Markets Council representing CME Group and other derivatives exchanges urged the U.S. Commodity Futures Trading Commission (CFTC) to reject Kalshi's proposed perpetual oil futures contracts, citing significant risks to market integrity. The

According to Wall Street Journal analysis, on October 23, Iran warned that if the U.S. and Israel restart air military operations, Tehran will retaliate by striking civilian targets in the Persian Gulf region, including airports and oil pipelines. Iran issued the warning through both public

The USD-KRW exchange rate closed at 1,326.50 won at 6 AM on the 23rd, rising 2.30 won from the previous Seoul market close of 1,324.20 won, as safe-haven demand intensified across global markets. The won weakened amid a sharp selloff in US technology stocks triggered by Meta's artificial

Pershing Square CEO Bill Ackman forecasts a strong year for US stocks in 2027, contingent on war resolution and inflation easing, during an October 22 CNBC 'Squawk on the Street' interview. Ackman attributed current market constraints to the Russia-Ukraine war, Iran-related conflicts, and elevated i

According to Yonhap Infomax, on October 23, the USD/KRW exchange rate fell to the mid-1,320 Korean won level, marking its lowest point since October 2, 2024, amid global risk-off sentiment. Meta's AI over-investment concerns triggered a sharp sell-off in tech stocks, with the S&P 500 down 1.21%,

According to international media reports, CBOT soybean oil futures closed higher on Thursday, October 23, with the benchmark contract gaining 1.2%, primarily driven by strength in international crude oil futures. Crude oil reached a five-month high amid concerns over energy supply disruptions

According to a company statement, the Emirates Global Aluminium (EGA), the Middle East's largest aluminum producer, has restored 50% of production capacity at its Al Taweelah smelter in Abu Dhabi after damage sustained during recent regional tensions. The company aims to achieve full production

According to U.S. Central Command, today marks the 100th day of the military's "Steel Wall" naval blockade against Iran. The operation has prevented at least $25 billion in Iranian crude oil exports and restricted the Iranian Revolutionary Guard Corps' ability to fund proxy militias, criminal

According to Jin10 Futures, CBOT soft red winter wheat futures closed lower on Thursday, with the benchmark contract down 0.6%, driven by fund selling and technical selling pressure. Traders are closely monitoring discussions on Russia-Ukraine peace negotiations, which could ease export slowdowns in

According to Jin10 Futures, ICE canola futures in Canada rose 0.74% on Thursday, rebounding from prior losses as crude oil futures strengthened. A tanker attack in the Strait of Hormuz on Thursday heightened concerns about potential escalation in Middle East tensions, supporting crude oil prices. Ca

SK Hynix announced on October 23 that it has halted the review of pre-IPO and IPO plans for its US subsidiary Solidigm. The company stated the decision was made after comprehensive consideration of capital market conditions. Kiwoom Securities analyst Han Ji-young assessed that this move would

On Thursday 22 Oct 2026, US Stock Market News highlighted sharp declines in artificial intelligence sector stocks as oil prices reached their highest levels since May amid concerns about the war with Iran. The S&P 500 fell 1.2% for its worst day since July, while the Nasdaq composite tumbled 2.6%, a

According to Shanghai Securities News, lithium miners reported sequential profit declines in the third quarter despite strong first-half performance, signaling a slowdown in earnings growth. Lithium carbonate prices have fallen continuously since September, with market expectations shifting toward o

According to Yonhapnews, crude oil prices surged on October 22 following attacks by Iran-backed Houthi militants on Saudi territory. West Texas Intermediate (WTI) crude for December delivery closed at $99.47 per barrel, up $2.32 or 2.39% from the previous session, marking its first rise in four