Commodities (Crude Oil & Copper) & Macro Outlook

According to Guru Club, shipping index Europe route main contract rose 5% intraday on July 20, currently trading at 2775.0 points.

Liquefied petroleum gas (LPG) futures rallied intraday on July 20, gaining over 6% to reach 5,522 yuan per ton.

According to Jinlian and Jin10 Futures, on July 20, China's gasoline and diesel prices are forecast to rise 450 yuan/ton, with the adjustment window set for July 31 at 24:00. The crude oil price change rate reached 9.54%, with reference oil types averaging $85.30 per barrel. Regional markets,

Seoul bond market participants adopted a cautious stance on July 20, monitoring international oil prices and semiconductor manufacturer stock movements following escalating geopolitical tensions and central bank policy signals. Iran officially announced over the weekend it would no longer fulfill

According to Bank of Korea Governor Shin Hyun-sung, on July 20, the central bank left open the possibility of consecutive rate hikes, with Q2 GDP data due on July 23 expected to be a decisive factor. Shin emphasized that core inflation's convergence to the 2% target depends on how monetary policy re

According to Jin10 Futures, on July 20, crude oil prices continued rising, with positive fundamentals in the domestic fuel oil market providing support. Domestic fuel oil traders showed increased confidence in pushing prices higher, while downstream buyers remained cautious with conservative

According to Huawen Futures report, BHP's Chile union held an 8-hour strike on July 16, with limited impact on actual production but increased market focus on labor risks. Import copper concentrate processing fees dropped to $146 per dry ton, marking a historic low amid tight supply. Chile faced

According to Jin10 Futures reporting external markets, Malaysian crude palm oil futures are seen opening higher on Monday, July 20, tracking broader commodity gains. Brent crude surged to its highest level since June 11 following Middle East tensions, with further gains during electronic trading Mon

From 00:00–00:15 (UTC) on July 20, 2026, BTC saw a slight gain of 0.46% within 15 minutes, with a price range of 64,573.4–65,051.0 USDT and an amplitude of 0.74%. By comparison, BTC’s price change over the past 24 hours was only -0.02%, with an intraday volatility range of just 64,278–64,970 USDT; overall, it showed extremely low volatility. The market is narrowly consolidating around $64,500, waiting for a directional catalyst. The core driver behind this round of BTC’s tight range is the conti

According to Jin10 Futures, on Friday (July 20), CBOT corn futures rose amid uncertainty over U.S. crop prospects following an extreme heat wave in the Midwest, tensions in the Black Sea grain export region, and deteriorating European crop conditions. Crude oil futures gained 4%, providing

Korean stocks suffered their steepest single-day decline in months on July 16, with the KOSPI index plunging 463.81 points or 6.37% to close at 6,820.60, triggering the 37th circuit breaker of the year. The selloff was driven by sharp losses in semiconductor heavyweights Samsung Electronics

According to Asia Economics, on July 16, South Korea's KOSPI index fell 4.45% to 6,960.50 amid broader market weakness, while the Philadelphia Semiconductor Index dropped 4.3% overnight. U.S. markets closed lower on July 17, with the Dow Jones Industrial Average down 0.77% to 52,146.42, the S&P 500

According to Jin10, Brent crude oil futures broke through $90 per barrel on July 19 as markets resumed trading following U.S.-Iran military clashes in the Middle East. The price surge reflects heightened geopolitical tensions in the

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to Shanghai official data and Jin10 on July 20, Shanghai's main financial markets posted combined transaction volume of 2,269.16 trillion yuan in the first half of 2026, up 24.1% year-over-year. The Shanghai Futures

According to Guru Club, Brent crude oil futures broke above $90 per barrel on July 20, marking the first time since June 11.

WTI crude oil opened 2% higher on Monday, trading at $84 per barrel.

Brent crude oil reached its highest level in one month at $88 per barrel as Middle East tensions escalated following intensified military clashes between the United States and Iran, resulting in casualties. The surge in oil prices reflects international concerns over a potential broader conflict in