Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, Galaxy Securities reported that domestic raw milk prices rose 0.3% year-over-year in July, marking the first positive growth in nearly five years. The shift reflects an improving supply-demand balance in the dairy sector. Fresh milk prices began rising as early as March,

According to Yonhapinfomax, the USD/KRW exchange rate fell to 1,446.70 won on July 29, marking its lowest level since late February, as the Federal Reserve held interest rates steady at 3.5%-3.75% and Fed Chair Kevin Walsh signaled dovish messaging. Powell stated that market-driven financial

According to Foresight News, the U.S. District Court for the Eastern District of Wisconsin rejected the Commodity Futures Trading Commission's (CFTC) motion for a preliminary injunction on July 30, refusing to halt Wisconsin state enforcement of sports event contracts under state gambling law. The c

According to Japan's Cabinet Office statement released Thursday (July 30), the government cut its fiscal 2026 real GDP growth forecast to 0.9%, down from 1.3% predicted in January, citing oil price increases linked to Middle East tensions. The higher energy costs are pressuring household spending a

According to Japan's Cabinet Office on July 30, the government cut its fiscal year 2027 real GDP growth forecast to 0.9% from 1.3% projected in January, citing surging oil prices linked to Middle East tensions that have squeezed household spending and corporate profits. Private consumption growth is

According to market reports, on July 30, Japan lowered its 2026 fiscal year economic growth forecast to 0.9% from 1.3%, citing rising oil prices.

From 00:30 to 00:45 (UTC) on July 30, 2026, ETH fell 0.75% within 15 minutes, trading between 1896.7 and 1911.31 USDT, with an amplitude of 0.76%. The overall market is in a wait-and-see mood ahead of the Fed Interest Rate Decision. Trading volume is only 8,335 units, with low participation. This is a mild pullback rather than panic selling. The main driver behind this move is the spread of market risk-avoidance sentiment ahead of the Fed Interest Rate Decision. Wall Street expects the Fed to ke

South Korea's carbon emission allowance prices reached 25,900 won per ton, marking a 2.5-fold increase from the sub-10,000 won levels seen at the end of last year. The surge stems from the government's strengthened decarbonization policy under the 4th planning period (2026-2030), which reduced

According to Yonhapinfomax, South Korea's carbon emission allowance prices for 2025 contracts hit 25,900 won per ton on July 29, surging more than 2.5 times from late 2025 levels around 10,000 won. The contract briefly peaked at 29,700 won in early June, approaching the 30,000 won mark. Daily

According to reports on July 30, Malaysia Derivatives Exchange crude palm oil futures are likely to open higher on Thursday morning, tracking international crude oil gains. Brent crude oil surged nearly 8% on Wednesday as escalating Middle East airstrikes renewed tensions among the U.S., Israel,

According to Shenyin Wanguo Futures, the Federal Reserve held rates unchanged at its July 30 FOMC meeting, easing pressure on precious metals. Meanwhile, escalating U.S.-Iran tensions pushed oil prices higher. China's central bank has extended its gold reserve accumulation to 20 consecutive

According to Jinlian Creative, as of July 30, China's reference crude oil averaged 88.24 U.S. dollars per barrel with a change rate of 13.32%, prompting retail gasoline and diesel prices to rise 680 yuan per ton. The pricing adjustment window opens on July 31 at 24:00.

According to Jin10 Futures, the U.S. military confirmed strikes on Iran earlier today, sending crude oil higher. International oil markets remained volatile on the news, with prices climbing as geopolitical tensions weighed on energy markets.

According to Gate data, WTI crude oil fell 1.00% to $82.75 per barrel today.

According to Gate data, WTI crude oil fell 1.00% intraday on July 30, trading at $82.75 per barrel.

According to China International Capital Corporation (CICC) research report, tungsten prices in China showed signs of recovery in July after stabilization, with overseas premium rates hitting record highs. The report noted that downstream and midstream segments of the domestic tungsten supply

According to Huatai Securities citing Xingluo Lithium Battery data, August battery production among sampled enterprises is projected at 198.8 GWh, up 8.9% month-over-month. Cathode material output is expected to reach 244,000 tons (up 3.5%), anode material 214,000 tons (up 4.9%), separator 2.23