Commodities (Crude Oil & Copper) & Macro Outlook

The US dollar weakened slightly on the 8th afternoon as President Donald Trump stated he does not want a prolonged conflict with Iran, causing international oil prices to moderate their earlier surge. At 4pm ET on the 8th, the dollar index (DXY) fell 0.083% to 100.972, reversing from an intraday

According to a joint statement issued on Wednesday, the International Energy Agency, International Monetary Fund, World Bank Group, and World Trade Organization said the global economy has demonstrated considerable resilience to the shocks from the Middle East conflict. The four organizations

According to Yonhapinfomax, on July 8, U.S. 10-year Treasury yields hit 4.567%, the highest level since late May, as geopolitical tensions and Trump's threats against Iran drove oil prices sharply higher. West Texas Intermediate crude oil futures climbed as much as 8% intraday following Trump's

WTI crude oil futures opened 2.2% higher on Thursday morning Asia-Pacific session, trading at $75.13 per barrel, following reports of the United States conducting fresh military operations against Iran.

Gold prices dropped as much as 2% within two hours on Wednesday after President Donald Trump announced at the NATO summit in Ankara that an interim agreement with Iran was over and he no longer wished to engage with Tehran. The announcement unraveled a memorandum of understanding signed weeks

According to E Daily, on July 8, U.S. President Donald Trump declared the ceasefire with Iran effectively over and suggested additional military strikes during a NATO summit in Ankara. Trump stated, "The ceasefire is over, I think," and added, "We hit them very hard last night, and we will

According to Citi, Brent crude oil prices are forecast to average $70 per barrel in the fourth quarter of 2026 and $65 per barrel throughout 2027, contingent on the assumption that the U.S. and Iran reach a final agreement and the Strait of Hormuz

On July 8, the U.S. Real Estate ETF fell 1.63%, leading declines among major asset class ETFs, followed by the Dow Jones ETF down 1.07%. The Russell 2000 index ETF and Gold ETF declined at least 0.81%, while the S&P 500 ETF and U.S. Treasury 20+ year ETF fell at most 0.31%. The Brent crude oil

Bitcoin dropped 3.5% to $61,481 on Wednesday as escalating Middle East tensions halted the cryptocurrency's July rally, which had pushed prices up nearly 10% since the start of the month. The decline was triggered by the Trump administration's decision to end sanctions waivers on Iranian crude oil a

On Wednesday, escalating Middle East tensions triggered a sharp sell-off in bitcoin, sending the price down 3.5% to a low of $61,481. The pullback erased $40 billion in bitcoin market capitalization and sparked $372

According to Bloomberg data, on Wednesday (July 8) at the close of trading in New York, the Bloomberg Commodity Index fell 1.28% to 30.3107 points. CBOT corn futures declined 2.10%, while CBOT wheat futures dropped 1.78%. CBOT soybean oil futures gained 3.21%, contrasting with soybean futures' decl

French bond yields surged on the 8th (local time), with the 10-year yield jumping 13.30 basis points to 3.8081% by 12:30. The spike followed an appeals court ruling the previous day that lifted Marine Le Pen's electoral ban, clearing her path to run in the presidential election where she currently l

According to Yonhapinfomax, French 10-year sovereign bond yields surged to 3.8081% on July 8 (local time, morning), up 13.30bp in a single session. The 2-year yield climbed to 2.8412% and the 30-year to 4.7034%. Yields have risen 26bp this month alone. The move followed far-right National Rally

WTI August crude futures rose 4.37% to $73.52 per barrel today (July 8), with a gain of $3.08. Abu Dhabi Murban crude futures climbed 8.09% to $74.55 per barrel, outpacing broader crude gains amid market

U.S. crude oil futures settled at $73.52 per barrel today on July 8, rising $3.08, or 4.37%.

According to Jin10, Shanghai gold futures closed down 1.47% at 892 yuan per gram, while Shanghai silver futures fell 3.88% to 14,260 yuan per kilogram on July 9 at the 2:30 a.m. close. SC crude oil futures rose 4.30% to 475 yuan per

According to Glassnode, on July 8, Bitcoin has traded below the cost basis of both long-term and short-term holders for nearly five months, driving long-term holders to realize losses of roughly $280 million per day—the highest level since late 2022. The analytics firm attributed the pressure to

According to Jin10, the Federal Reserve's June meeting minutes highlighted multiple concerns, including whether the central bank maintains a hawkish stance on interest rate path and views on forward guidance and the balance sheet. The minutes also addressed inflation, employment, and the impact

According to U.S. Energy Information Administration (EIA) data released Wednesday, record fuel exports are straining domestic inventories across the country, with propane leading the surge in shipments, followed by strong demand for diesel, gasoline, and jet fuel in the week ending July 3. The expor

President Trump on Wednesday threatened tariffs of 25% to 200% on companies that do not manufacture their products in the United States, with rates varying by product. Speaking after the NATO summit in Turkey, he stated: "If you build your product here, you pay no tariff. If you don't, you pay a 25%