Commodities (Crude Oil & Copper) & Macro Outlook

According to Goldman Sachs, effective global oil pipeline transmission capacity is expected to increase by 3.8 million barrels per day by the end of 2027, with cumulative gains reaching 7.3 million barrels per day by the end of 2028.

Japanese stock indices rose in morning trading, with the Nikkei 225 gaining 238.68 points (0.35%) to 68,796.41 and the Topix advancing 26.78 points (0.66%) to 4,062.86 at 9:19 AM. The gains followed strength in US artificial intelligence and semiconductor stocks on the 10th (local time), which

According to Yonhap Infomax, on July 13, Japan's Nikkei 225 index rose 238.68 points or 0.35% to 68,796.41, while the Topix index gained 26.78 points or 0.66% to 4,062.86. The rally followed strength in U.S. technology and semiconductor stocks on July 10 (local time). SK Hynix's American

According to researcher Han Ji-young of Kiwoom Securities, South Korea's KOSPI has triggered circuit breakers (trading halts) 6 times in 9 trading days this month as of July 13, marking unusual market volatility. The frequency has reached roughly once every four days, driven by a combination of

According to Shanghai Steel Union, MMLC battery-grade lithium carbonate spot price (midpoint) declined to 153,950 yuan/ton this morning (July 13), down 500 yuan/ton from July 12 at 16:30.

According to Economic Observer, about 20 global power semiconductor companies raised prices during the first half of 2026, driven by surging demand from AI data centers and new energy vehicle 800V platforms, combined with shrinking 8-inch wafer capacity and rising raw material costs. The price

The USD/KRW exchange rate fell 1.60 won to 1,499.80 won at 9:05 AM on May 13 in the Seoul foreign exchange market, compared to the previous trading day's Seoul close. The decline occurred despite escalating US-Iran military tensions, as improved supply-demand expectations exerted stronger downward p

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.