Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, European natural gas futures paused their rally on September 3 after surging 10% over three consecutive trading sessions. The pullback follows Trump's remarks suggesting U.S.-Iran escalation may be resolved "very quickly," reviving market hopes for resumed negotiations and

The South Korean government announced on the 3rd a plan to merge Korea Gas Corporation (KOGAS) and Korea National Oil Corporation (KNOC) into a newly named Energy Resources Corporation. The integration aims to consolidate limited oil and gas exploration and development functions to enhance

According to Yonhapinfomax, on September 3, the South Korean government announced a plan to merge the Korea Gas Corporation and Korea Petroleum Corporation into a new entity called the Energy Resources Corporation. The restructuring will transfer the Korea Petroleum Corporation's oil reserves and

According to Reuters, citing three trading sources, Asian wheat importers have recently purchased at least 500,000 tons of Australian and Argentine wheat. The purchases aim to fill supply gaps caused by shipping and port disruptions affecting Black Sea grain exports. Major importers including

According to Nikkei China, PC DRAM prices climbed 5% month-on-month in July to $40.2 for 16Gb DDR5 products, marking seven consecutive months of gains and hitting historic highs. Industrial-grade DRAM posted double-digit increases. Strong demand from Nvidia's AI servers is redirecting supply

According to Guru Club, European freight futures (continuous main contract) fell 8% intraday on Sept. 3, closing at 1,811.50 points.

Korean stock market investors face a series of major US economic events this month, including employment data, inflation reports, and the Federal Open Market Committee (FOMC) meeting. The US August employment report releases on

According to Jin10, Mitsui O.S.K. Lines CEO Jotaro Tamura warned on September 3 that shipping disruptions in the Strait of Hormuz may persist longer than previously expected due to recent attacks on vessels. Tamura stated it is difficult to envision shipping resuming in any form before the year's en

WTI crude futures declined 1.00% intraday today, trading at $89.72 per barrel as of the latest quote.

According to market analysts on September 3, South Korea's KOSPI index faces critical events this month, including U.S. employment data on September 4, producer price index on September 10, and consumer price index on September 11, followed by the Federal Reserve's policy decision. Analysts

According to Jin10 Futures citing CME data, on September 2, Brent crude oil trading volume and open interest both increased, while gold and silver activity declined across both metrics. Specifically, Brent crude saw 178,551 contracts traded with 260,314 open positions, up from the previous trading d

According to Equinor, the Norwegian state oil company has put into operation Citrus Flats, a 100-megawatt energy storage facility in Texas, marking the company's largest energy storage project in the United

According to Russia's Deputy Prime Minister Novak, the country's fuel supply has stabilized over the past week, though minor shortages persist in certain regions.

According to Russia's First Deputy Prime Minister Novak, Russia will slightly reduce its oil production this year.

According to Deputy Prime Minister Novak, Russia will slightly reduce its oil production in 2026.

According to Jin10 Futures, the China Containerized Freight Index (Europe route) futures contract plummeted over 7% overnight on September 2-3, closing at 1830 points, nearly erasing the previous day's 2.68% gain. Spot container rates have entered a declining phase, with major carriers quoting

According to Russian Deputy Prime Minister Novak, Russia will begin increasing oil production after completing maintenance at refineries. The official did not provide a specific timeline for the production increase or maintenance

From 05:15 to 05:30 UTC on September 3, 2026, BTC plunged 0.56% in 15 minutes, with its price falling from 77,653.6 USDT to 77,103.6 USDT and with an amplitude of 0.71%. The Short-term chart showed a “Bart Simpson” technical pattern, with a sharp rise followed by a sharp decline. Risk-averse sentiment intensified, while overall trading sentiment remained cautious. The core driver of this volatility was the continued escalation of the US-Iran military conflict. The US military launched a new roun

According to Bitget, WTI crude oil dropped 1% on September 3, trading at $88.23 per barrel. The decline followed reports from U.S. media that former President Trump is privately discussing with senior advisors the possibility of declaring an end to the Iran

According to Larry Holzenthal, senior portfolio manager at Catalyst Funds, on September 3, global bond markets are being driven by different factors across regions. U.S. corporate earnings remain relatively strong compared to other developed markets,