Commodities (Crude Oil & Copper) & Macro Outlook

China's night-session futures opened with gains outpacing losses on September 8. Para-xylene, short-staple fiber, metallurgical coal, methanol, and PTA led gainers, all up over 2%, while crude oil, pure benzene, and propylene rose nearly 2%. Soybean oil and soybean futures II posted modest

On Tuesday morning US premarket, reports indicate Brent crude oil is approaching the $100 mark following Houthi strikes on Saudi energy facilities, while the Bank of Japan plans to raise its policy rate to 1.25% at this month's meeting. Yields on German 10-year government bonds have reached their hi

According to Reuters, Kalshi reported on September 8 that its commodities prediction market achieved over $400 million in monthly trading volume, four times the platform's cryptocurrency trading volume of approximately $100 million recorded seven months after launch. The surge in retail trading

According to Jin10, the APEC Energy Working Group's 72nd meeting was held in Beijing on September 8, with China's National Energy Administration Deputy Director Wang Jianbo in attendance. Wang emphasized that APEC cooperation thrives through participation from all economies, and called for member ec

According to Seoul Economic, on September 8, the Korean won-dollar exchange rate closed at 1,345.6 won, up 5.1 won from the previous trading day's 3:30 p.m. benchmark. The currency fell to 1,336.3 won in late morning before reversing course. U.S.-Iran military tensions in the Strait of Hormuz

According to Jin10, as of 20:30 Beijing time on September 8, WTI crude oil futures rose 0.83%, while U.S. natural gas futures declined 0.13%.

According to Jin10, as of 20:30 Beijing time on September 8, New York crude copper futures rose 1.97%, while gold futures fell 0.13% and silver futures fell 0.14%.

According to Xinhua, UAE Foreign Trade Minister Sani Zeyoudi announced on September 8 that the country has activated multiple alternative logistics corridors to address challenges from Strait of Hormuz transit disruptions. The UAE is establishing regional logistics routes connecting the Arabian

According to Citi's earnings revision index, U.S. corporate earnings forecasts have been revised upward for 21 consecutive weeks as of early September 2026, marking the longest such streak since September 2021. The trend comes as WTI crude oil remains above $90 per barrel and suggests strong earning

According to UAnalyze, on September 8, U.S. stock futures opened after Labor Day with significant headwinds: Dow Jones futures fell nearly 400 points while Nasdaq-100 futures held near flat, signaling selective profit-taking in equities. Brent

According to Reuters, citing three sources familiar with the matter, the Trump administration is pursuing expanded access to Venezuelan mineral resources, including gold, beyond existing oil interests. The move aims to increase U.S. control over and influence on South America's resource-rich

The Trump administration awarded $500 million in August to seven companies related to battery minerals, materials, manufacturing or recycling, as part of efforts to build up the U.S. battery supply chain and reduce reliance on China. The funding represents the first round under two $3 billion

The U.S. Department of Energy awarded $500 million this August to seven companies focused on battery minerals, materials, manufacturing, and recycling, as the Trump administration seeks to reduce dependence on China's battery supply chain. The funding is part of the first round under two $3

Brent crude oil futures rose 2.20% to $99.16 per barrel for November delivery as of 5:25 PM on the 8th, approaching the $100 threshold amid escalating US-Iran tensions. The price surge this month stems from ongoing geopolitical conflicts, though Brent remains below its April peak of $126 per barrel.

According to HSBC, the bank has raised its TTF natural gas price forecasts for the second half of 2026 to $22.5 per million British thermal units (MMBtu), and its 2027 forecast to $17 per MMBtu.

Asian stock markets declined on September 8 as technology stocks faced profit-taking pressure, with Japan, Hong Kong, and Taiwan falling while Chinese mainland indices showed mixed results. The Nikkei 225 dropped 1,130.51 points (1.70%) to 65,269.33 and TOPIX fell 75.47 points (1.83%) to 4,050.33, d

According to Bloomberg's LatAm Pulse survey, Venezuelan public opinion on the oil agreement reached between the Trump administration and the country's interim authorities remains deeply divided. The poll, released Tuesday, showed that 38% of respondents opposed the deal, 35% supported it, and 27% we

According to Yonhapinfomax (YNA), pro-Iran Houthi forces attacked Saudi Aramco energy facilities in southern Saudi Arabia today (Sept 8) using drones and ballistic missiles, according to statements from the group and Saudi military. A Houthi spokesman described the operation as large-scale and

According to a report released today (September 8), the United Nations Conference on Trade and Development (UNCTAD) warned that disruptions to shipping through the Strait of Hormuz are impacting global small and medium-sized enterprises. The agency noted that SMEs have limited ability to diversify s