Commodities (Crude Oil & Copper) & Macro Outlook

Bitcoin (BTC) experiences extreme short-term volatility; as of July 13, it is temporarily trading around $63,780. The Bank of Thailand requires that personal cash deposits above 5 million Thai baht need proof of source, and it will strengthen monitoring of stablecoin transactions. Pakistan’s crypto-asset regulator has met with scholars who issued a ruling banning digital assets, and believes that stablecoins, tokenized assets, and unsecured tokens should be judged separately. Macroeconomic Event

According to Guru Club, coke futures main contract fell 2% to 1,874.50 yuan/ton on July 13.

From 01:00 to 02:00 UTC on July 13, 2026, BTC traded within a narrow range of $63,658.1–$64,069.0 USDT, with a low volatility of 0.64%, a return of -0.33%, and an overall weak consolidation pattern. Market attention has increased compared to the previous few days, but trading activity remains thin; in the short term, neither bulls nor bears show clear directional intent. The main driver behind this movement is a sharp escalation of Middle East geopolitical conflict, which has triggered broader m

From 01:45 to 02:00 (UTC) on July 13, 2026, BTC fell 0.44% within 15 minutes. The price dropped from $63,698.6 USDT to $63,397.9 USDT, with a 0.47% amplitude. Overall market volatility increased but remained limited: the 24-hour move was only +0.24%. Price action stayed within a narrow $63,572–$64,433 range, suggesting both bulls and bears are waiting amid macroeconomic uncertainty. The main driver behind this abnormal move is a sharp escalation in Middle East geopolitical conflict. After the U.

According to Guru Club, on July 13, China's energy-related futures rose broadly, with SC crude oil jumping over 3% to 483 yuan per barrel, fuel oil up nearly 5%, benzene up over 4%, styrene (EB) up over 3%, and ethylene glycol (EG) and butadiene rubber each up nearly 4%.

According to Barclays on July 13, inflation forecasts have deteriorated despite oil prices falling sharply from peaks during Iran conflicts. The bank said the Federal Reserve's policy path of maintaining steady rates rather than raising them has narrowed significantly in recent months, though this r

According to Jinlianhuangrun, China's gasoline and diesel are expected to rise by 5 yuan per ton on July 13, with a change rate of 0.14% and reference crude oil at $73.56 per barrel. The next price adjustment window closes on July 17 at 24:00.

According to Chuangyuan Futures, over the weekend (July 11-12), US-Iran tensions escalated around the Strait of Hormuz with multiple military strikes and attacks on oil infrastructure. The US launched its third and fourth rounds of strikes against Iran on July 11-12, while Iran retaliated with attac

The Seoul bond market is forecast to weaken on July 13 as investors digest a 2.8 trillion won 10-year treasury auction amid heightened geopolitical risks in the Middle East. The US Central Command announced additional airstrikes in the Hormuz Strait at 6am Korean time on the 13th, targeting

Bitcoin experienced volatile fluctuations around $64,000 on July 13; according to Onchain Lens monitoring, a Bitcoin whale address that had been dormant for seven years moved 2,931 BTC (approximately $188 million) to a new address. The escalation of the Iran–U.S. conflict over the Strait of Hormuz continued on Sunday: Iran again announced the closure of the Strait of Hormuz, expanding the strike range to Qatar and the UAE, while the United States carried out a new round of airstrikes against Ira

From 00:30 to 00:45 (UTC) on July 13, 2026, BTC experienced a sharp decline of 0.61% within 15 minutes. The price ranged from $63,572.3 to $64,202.5 USDT, with a volatility of 0.98%. Escalation of geopolitical conflict boosted risk-off sentiment. BTC was up about 0.54% over the past 24 hours to $64,146, but the short-term gains were given back, and trading volume did not see significant expansion. The market response remained relatively restrained. The primary driver behind this movement is the

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.