Commodities (Crude Oil & Copper) & Macro Outlook

According to Cathie Wood's forecast shared by Guru Club on September 7, artificial intelligence could drive global real GDP growth of up to 15% over coming years as part of a broader tech revolution spanning AI, robotics, energy storage, blockchain, and life sciences. Wood also projects that global

Sept. 7, Bitcoin recovered to above $80,000, still about 37% below this year's all-time high. Meanwhile, US federal debt has exceeded $40 trillion, the fiscal deficit remains at about 6% of GDP, and long-term borrowing costs remain high. BloFin analysts said in a report that the “currency debasement trade” has not failed but has entered its second phase: the drivers have shifted from simple debt expansion to market assessments of whether the government will take action to lower borrowing costs.

According to Guru Club, BR rubber futures main contract surged over 6% on September 7, trading at 15,815 yuan per ton.

Nouriel Roubini, the New York University professor known as 'Dr. Doom' for predicting the 2008 global financial crisis, warned on the 6th (local time) that while the economic boom from artificial intelligence (AI) industry expansion could continue, a US-Iran war could significantly impact

According to Business Insider, on September 6, economist Nouriel Roubini warned that an escalating Iran-U.S. conflict and prolonged Strait of Hormuz blockade could significantly impact inflation and interest rates, despite potential AI-driven economic growth. He flagged oil supply disruptions,

On Tuesday morning (September 7), Chinese commodity futures traded mostly higher, with synthetic rubber leading gainers by surging over 5%. Caustic soda rose over 3%, while 20 rubber and soda ash each gained nearly 3%. Natural rubber climbed over 2%. Among decliners, Shanghai gold and Shanghai

According to China Jinlian Creative Investment, as of September 7 (the sixth working day of the current pricing cycle), reference crude oil averaged $91.25 per barrel, representing a 4.04% increase. Based on this, domestic gasoline and diesel retail prices are expected to rise by 200 yuan per ton, w

According to U.S. reports, the Kylo tanker sank in the Gulf of Oman today (September 7).

According to Jin10 Futures, Iran announced plans to establish an exclusion zone in waters beyond the Strait of Hormuz in coming days. The country also indicated it will soon sign a related agreement with Oman regarding the strategic waterway. International crude oil prices opened slightly higher in

According to Jin10 Futures, U.S. and Iranian forces escalated military operations near the Strait of Hormuz on September 7, sparking significant attention in global oil markets. Despite heightened tensions, the current conflict has not caused direct damage to Middle East energy infrastructure, and c

According to CCTV News, on September 5, the U.S. military struck three Iranian tankers amid ongoing military tensions. In response, Iran attacked multiple tankers and U.S. vessels in the Persian Gulf, warning ships to avoid unauthorized navigation routes. Regional analysts note that with no

According to NH Investment & Securities and Korea Investment & Securities on September 7, S-Oil's Q3 operating profit is expected to reach 1.2945 trillion won, up 34.1% quarter-over-quarter and exceeding market consensus of 1.0574 trillion won by over 22%. Refining division profit alone is

According to Gate data, Brent crude oil (XBRUSD) broke through $98 per barrel, trading at $98.12, up 0.8% from the previous trading session close.

According to Korean Economy TV, stronger-than-expected U.S. employment data over the weekend lifted market expectations for a Fed rate hike in September to 60% from 49%, pressuring risk assets. Bitcoin tumbled to $79,000 before recovering to test $80,000, while gold dropped below $4,500 per troy

According to Jin10 Futures, CBOT soft red winter wheat futures fell 6.4% for the week ending September 4, retreating from three-and-a-half-year highs reached earlier in the week following signals from Russian President Putin that a peace accord ending the Black Sea conflict may be within reach. Rus

According to reports, as of the week ending September 4, 2026, CBOT soybean oil futures fell 2.5% in the benchmark December contract, primarily driven by the U.S. Environmental Protection Agency's approval of renewable fuel exemptions for small refineries exceeding initial expectations, combined

According to shipping intelligence firm Kpler, the 10-day moving average shows an average of 10 cargo vessels transiting the Hormuz Strait daily, marking the lowest level since May.

US August non-farm payrolls surged to 162,000 new jobs, tripling the market consensus of 56,000, according to data released over the weekend. The unexpected employment strength triggered renewed Federal Reserve rate hike concerns, pushing the probability of a September 0.25 percentage point

According to Jin10, the U.S. attacked three Iranian oil tankers over the weekend on September 6, destroying one vessel in retaliation for Iranian ballistic missile strikes on American naval ships. In response, Tehran announced the establishment of new maritime exclusion zones near the Strait of

NH Investment & Securities raised its target price for S-Oil stocks by 27.3% to 210,000 won, citing favorable refining industry conditions lasting longer than anticipated. Analyst Choi Young-kwang attributed the upgrade to sustained strength in refining margins amid tight supply and structural