Commodities (Crude Oil & Copper) & Macro Outlook

According to a White House executive order issued on October 16, Trump exempted multiple sanctions and restrictive measures from the 2026 Lindsay Graham Russia and Iran Sanctions Act. The exemptions include a 500% tariff on Russian goods imported to the United States and a 100% tariff on major

According to Seeking Alpha, BofA Securities strategist Michael Hartnett shifted to a more risk-averse positioning, warning that market risks will increase over the next three to four weeks amid mounting economic, political, and credit market pressures. Hartnett cited multiple destabilizing

The USD-KRW 1-month non-deliverable forward (NDF) rose to 1,333.70 won (MID) on October 17, up 3.30 won from the Seoul foreign exchange market spot close of 1,331.40 won after adjusting for the 1-month swap point of -1.00 won, according to overseas brokers. The dollar weakened following Federal

According to Yonhapinfomax, on October 17, the dollar-won 1-month NDF rate rose to 1,333.70 won (mid-price), up 3.30 won from the previous day's Seoul spot close of 1,331.40 won after accounting for a -1.00 won swap point. The bid price was 1,333.50 won and the ask price was 1,333.90 won. The U.S.

According to Yonhapinfomax, the USD/KRW exchange rate fell to 1,331.40 won on October 17, marking its lowest level in two years, as Federal Reserve Chair Kevin Warsh signaled a cautious stance on rate hikes. Warsh told IMF Chief Kristalina Georgieva that the Fed does not pre-commit to policy paths a

US Stock Market News reported major declines across key indices on Oct 17, 2026 (3:13 AM IST), as the S&P 500 fell 84.62 points to 7,659.44, the Dow Jones dropped 175.28 points to 52,002.41, and the Nasdaq declined 572.99 points to 26,140.03. For the week, the S&P 500 fell almost 1.95 per cent and t

According to ChainCatcher, decentralized perpetual contract exchange Deepsigma launched a real-time simulated trading platform covering 77 traditional financial markets, including U.S. stocks, indices, commodities, and Treasury yields. The platform is built on the Cypherium blockchain and

The US dollar weakened on October 16 following remarks by Federal Reserve Chair Kevin Warsh stating he would not pre-judge policy decisions at the upcoming October Federal Open Market Committee meeting. Warsh told IMF Managing Director Kristalina Georgieva he does not believe in signaling actions

US stocks closed significantly lower on Friday, with the Nasdaq Composite declining 2.15% and the S&P 500 falling 1.10% to 7,659.44, as investors reassessed AI infrastructure spending amid rising financing costs. Nvidia-backed CoreWeave faced particular

WTI crude oil gained 4.0% during intraday trading on October 16, reaching $101.9 per barrel.

West Texas Intermediate (WTI) crude oil broke through the $100 per barrel mark on the 16th (US Eastern Time), rising for the seventh consecutive trading day, while Brent crude approached $110, reaching its highest level in about 5 months. The price surge was driven by ongoing conflict between

According to Yonhapinfomax, on Oct 16, crude oil prices surged amid escalating geopolitical tensions. WTI for November delivery closed at $101.41 per barrel, up 3.51%, marking its seventh consecutive trading day of gains and breaking above $100 for the first time since Sept 18. Global benchmark

CNBC host Jim Cramer described current market conditions as one of the year's worst trading days on October 16, citing oil price movements and the risk of trouble at a large hedge fund. Cryptocurrency-focused media outlet Cointelegraph reported Cramer's commentary, noting he raised the possibility t

On Friday, October 16, Nasdaq 100 ETF declined 2.5%, leading losses across major U.S. asset class ETFs. Barclays U.S. Convertible Bond ETF fell 2.11%, Emerging Markets ETF dropped 1.74%, Russell 2000 Index ETF fell 1.69%, and S&P 500 ETF declined 1.11%. Most rate-sensitive and commodity assets

Peter Schiff warned that global oil prices could surge after the U.S. ends releases from the Strategic Petroleum Reserve following the midterm elections, according to a Cointelegraph report published October 16. Schiff made the remarks while discussing U.S. Strategic Petroleum Reserve release

According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending October 13, CBOT soybean speculators reduced their net long positions by 15,362 contracts to 178,635 contracts. CBOT corn speculators cut net longs by 71,762 contracts to 114,542 contracts. ICE sugar speculators in

According to CFTC data for the week of October 13, speculators increased their net short positions in CBOT US Treasury futures by 6,626 contracts, bringing the total to 126,438 contracts. Meanwhile, speculators reduced their net short positions in CBOT 5-year Treasury futures by 83,327 contracts to

According to the U.S. Commodity Futures Trading Commission (CFTC), WTI crude oil speculative net long positions declined by 1,017 contracts to 110,619 for the week ended October 13.

CBOT soybean and soybean meal futures fell this week (as of October 16), with soybeans down 2.44% to $12.6050 per bushel and soybean meal declining 2.43%. According to Bloomberg commodity data, the Bloomberg Grain Index fell 0.75% to 31.8469 points on Friday, approaching levels last seen in

According to the U.S. Bureau of Labor Statistics, import prices in September rose 8.1% year-over-year on Friday (October 16), marking the largest increase in over four years and exceeding market expectations. Monthly import prices increased 1.1%, above the expected 0.8%. Core import prices,