Commodities (Crude Oil & Copper) & Macro Outlook

Bitcoin (BTC) has given back its overnight gains and is trading at around $81,450 as of Oct. 20. The U.S. CFTC challenged CME’s standing to sue, saying CME failed to prove that the new Perpetual Contract policy caused it harm. JPMorgan is bringing JPM Coin to Ethereum to test bank-money settlement. Macro Events & Crypto Market Highlights According to CoinDesk, the U.S. Commodity Futures Trading Commission (CFTC) filed a complaint with the court last Friday, stating that CME failed to prove it ha

According to Jin10 Futures on October 20, BMD Malaysian palm oil futures are expected to open lower today, tracking weakness in international crude oil and Chicago soybean oil prices. This decline could further pressure early trading in Malaysian crude palm oil futures. Malaysia's elevated palm oil

According to Gate News futures update, oil shipments through the Strait of Hormuz fell to approximately 2.9 million barrels per day in mid-October, down from higher levels earlier this month. China-bound coal imports from Mongolia are set to resume above 1,100 vehicles daily, potentially affecting p

According to Jin10 Futures, as of 09:30 Beijing time on October 20, WTI crude oil futures rose 0.37% while U.S. natural gas futures fell 1.14%.

According to U.S. President Donald Trump, a new harvest season fuel cost relief plan will provide $8 billion in support to farmers this week. The assistance is designed to offset diesel costs during the current harvest season.

Chinese commodity futures opened mostly lower in early morning trading on October 20. Ethylene glycol led declines with a drop exceeding 3%, while coking coal and synthetic rubber fell over 2%. Conversely, crude oil, lithium carbonate, PVC, benzene, and Shanghai nickel each rose over 1%.

According to Yonhapinfomax, South Korean stocks rallied for a second consecutive day on October 20, with KOSPI gaining 1.76% and KOSDAQ rising 1.78%, extending recovery from the recent sharp selloff. Foreign investors resumed buying, purchasing a combined 600 billion won in equities across

According to on-chain analyst Yu Jin, a whale sold 12,468 ETH at $2,368 yesterday (Oct 20), realizing approximately $8.99 million in profit from leveraged buys at $1,647 in early June. The whale had originally purchased $30 million worth of ETH at that lower price point. Following the sale, the wha

According to China Customs data, China's rare earth magnet exports reached 6,165.1 tons in September, up 23% month-on-month. Exports to the United States totaled 604.2 tons, an 18% increase compared to the previous month.

According to BlockBeats, on October 20, the U.S. Commodity Futures Trading Commission (CFTC) filed court documents arguing that CME lacks legal standing to challenge its perpetual futures policy, stating CME has failed to demonstrate imminent financial harm. The CFTC noted that CME's crypto futures

According to the U.S. Department of Agriculture (USDA) on October 20, private exporters reported sales of 114,000 tons of soybeans to China and 261,000 tons to unknown destinations. The data reflects ongoing activity in the global soybean trade despite market

Yemen's Houthi rebels attacked six Saudi Arabian facilities over the past 48 hours using ballistic missiles, cruise missiles, and drones, according to a statement by military spokesman Yahya Saree on October 19. The Houthi group stated the strikes targeted Aramco facilities in Yanbu, the

On Monday (October 19), spot gold fell 0.6% to $4,140.57 per ounce in New York late trading, after reaching highs near $4,180 during Asia-Pacific hours before retreating. Spot silver rose 0.15% to $57.0762 per ounce, having hit a daily high of $57.8542 earlier. COMEX copper futures gained 0.14% to $

According to Jin10 Data, Cuba's new oil and gas regulations took effect on October 19, expanding participation opportunities for domestic private enterprises and foreign investors. The new regulations, comprising Decree No. 135 on Oil and Gas and its accompanying Implementing Decree No. 184, were

Steel Dynamics reported third-quarter net sales of $6.51 billion, beating analyst expectations of $6.41 billion. However, adjusted EBITDA came in at $1.19 billion, falling short of the forecasted $1.23 billion.