Commodities (Crude Oil & Copper) & Macro Outlook

According to Venezuela's interim president Rodriguez, Venezuela will share oil and gas resources with Suriname as of September 11. The statement reflects regional resource cooperation efforts between the two neighboring

According to Jin10, on Sept 11, Hungary announced fuel subsidies of 20,000 forint (approximately $64) per diesel vehicle through year-end, with monthly distributions of 5,000 forint. Prime Minister Viktor Orban said the measure targets approximately one million vehicles with engines under 150

According to Saudi Arabian logistics magazine Middle East Logistics, only 6 vessels transited the Bab el-Mandeb Strait on September 10, down sharply from 30 vessels on September 9, following Houthi forces' capture of the Red Sea port city of Mokha. Ship traffic on September 8 and 7 totaled 26 and 29

From 13:30 to 13:45 UTC on September 11, 2026, BTC rebounded rapidly over 15 min, with Return % reaching +0.45%. The price ranged from 77,257.6 to 77,934.8 USDT, with an Ampl of 0.87%. BTC rebounded from the intraday low of $76,022.7 and is currently offered at $79,348.1, up 2.69% over 24 hours, indicating that Bids entered after short-term selling pressure eased. Order Book data showed that the top-five buy-to-sell depth ratio reached 7.74, with an extremely high concentration of Bids, providin

On September 11, 2026, from 13:00 to 14:00 (UTC), BTC opened at $77,037.3, fell to a low of $76,022.7, and then rebounded to close at $78,032.2, with a candlestick Return % of -0.40% and an Ampl of 0.60%. Despite the daily candlestick closing lower, BTC still maintained a 2.69% 24-hour Rise %, indicating intensified Short-term volatility while overall Bids remained supportive. The main drivers of this move were the combined effects of escalating geopolitical risks and hotter-than-expected US inf

According to Wind data, Northern Copper's stock price fell to 14.74 yuan per share with a 10.01% decline on September 11. The company attributed the drop to multiple factors, particularly the decline in international copper prices, as its primary product is cathode copper. Northern Copper noted it h

The European Central Bank unanimously raised its three key policy rates by 25 basis points on September 10, according to Yonhapinfomax. Bundesbank President Joachim Nagel told CNBC the central bank remains at the upper end of a neutral policy zone and does not rule out entering a gradual

According to Jin10, the Dutch government lowered its natural gas storage target on September 11 in response to Middle East tensions and to ease wholesale price pressures. The Dutch climate ministry set the new target at 64% of storage facility capacity, down from 74% previously. The new lower target

The US dollar strengthened during the trading session, with the dollar index rising to 99.170, up 0.096 points or 0.097% from the previous close of 99.074. The currency gained amid elevated oil prices and market anticipation of upcoming US inflation data. High oil prices stem from prolonged

U.S. inflation remained at 3.4% in August, but core CPI excluding food and energy fell to 2.4% year over year from 2.5%. The Consumer Price Index rose 0.4% month over month, accelerating from July's 0.1% gain, driven by a 3.9% jump in gasoline prices and a 2.1% increase in the broader energy

White House economic advisor Hassett said today that diesel represents a significant challenge as a refined product, citing that major diesel refining capacity is concentrated in regions disrupted by conflict. Hassett also noted that proposed $5,000 checks could be implemented through the budget

According to Jin10 on September 11, Canadian Conservative Party Leader Pierre Poilievre urged the Trump administration to ease tariffs against Canada, citing the country's abundant oil and mineral resources as a means to help reduce U.S. inflation. Poilievre noted he had discussed establishing a str

The U.S. Bureau of Labor Statistics reported that August CPI rose 3.4% year-over-year, in line with expectations; month-over-month growth was 0.4%, also matching expectations. However, core CPI, excluding food and energy, rose 0.3% month-over-month, above the market estimate of 0.2%. This slight deviation changed the direction of Interest Rate market pricing. According to Gate event market data, after the CPI data was released, market pricing for the probability of the FED raising Interest Rates

According to AXIOS, oil prices surged to approximately $100 per barrel on September 11, driven by escalating conflict in Iran, up from around $80 in mid-August. The U.S. average diesel price has reached $6 per gallon, marking a historic high, according to the American Automobile Association (AAA). T

From 12:00 to 13:00 (UTC) on September 11, 2026, BTC weakened slightly, with Return % at -0.15%, a price range of 76,906.9–77,125.1 USDT, and an Ampl of 0.28%. The price briefly fell below the $77,000 threshold during the session and rebounded approximately 1.19% from the $76,023 low within 24 hours, but the cumulative weekly decline still exceeded 5%. Market sentiment remained weak, with a strong wait-and-see atmosphere. The main driver of this move was a sharp increase in expectations for tigh

From 12:45 to 13:00 (UTC) on September 11, 2026, BTC rose 0.57% over the 15-minute period, trading between 77,567.8 and 78,142.8 USDT, with an Ampl of 0.74%. The price rebounded approximately 1.19% from the 24-hour low of $76,023, but the weekly cumulative Fall % still exceeded 5%, with the current price around $77,882. The market remained broadly under pressure amid rising expectations of tighter macro liquidity, while volatility intensified. The primary driver of this move was the sharp increa

On September 11 evening, China's futures contracts opened mixed, with crude benzene leading losses down over 4%. Styrene (EB), ethylene glycol (EG), and synthetic rubber fell over 3%, while polypropylene, liquefied petroleum gas (LPG), plastic, and propylene declined over 2%. Shanghai silver rose o

According to Jin10, Europe's natural gas prices are expected to remain elevated amid liquefied natural gas (LNG) supply pressures stemming from Hormuz Strait disruptions. Commerzbank raised its year-end TTF (Europe's natural gas benchmark) price forecast to EUR 75 per megawatt-hour, up

U.S. non-seasonally adjusted used vehicle and truck inflation declined to -2.3% year-over-year in August, down from -1.9% in the prior month.

U.S. unadjusted energy inflation reached 16.3% year-on-year in August, up from 14.7% in the previous month, marking a 1.6 percentage point increase.