Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10 Futures, crude oil prices fell sharply on June 16 following the end of the U.S.-Iran conflict, pulling down fuel oil cost support. Market participants turned cautious amid bearish sentiment, with trading activity slowing and refineries facing increased difficulty in shipments.

According to China CITIC Securities, the Strait of Hormuz may see partial recovery in late June, potentially boosting VLCC operational efficiency and tanker rates. The brokerage expects shipping rates to spike initially as regional fuel flows to Southeast Asian markets with supply deficits,

According to Jin10 futures, CBOT soybean futures closed 0.2% higher on Monday, reversing early losses as excess rainfall in parts of the U.S. Midwest triggered technical buying. Rainfall in some regions reached 161% of normal levels last week, supporting the market despite international crude oil fu

According to Iran's confirmation on June 16, the U.S. began lifting its maritime blockade on Iran, with several Iranian vessels crossing the blockade line. The U.S. Strategic Petroleum Reserve (SPR) has simultaneously fallen to approximately 340 million barrels, the lowest level since 1983,

According to Jin10 Futures, CBOT soybean oil futures fell on Monday, with December contracts down 0.5%, tracking a 5% decline in crude oil following a preliminary peace agreement between the U.S. and Iran. July contracts briefly touched a 7-week low while December futures hit their lowest level in s

According to official statements, the U.S. and Iran reached an agreement on June 15, driving major market shifts. Crude oil prices fell 5%, the Dow Jones hit a record high, semiconductor stocks led gains, and gold extended a three-day rally. U.S. Vice President stated the Strait of Hormuz will

According to Guru Club, U.S. gasoline retail price fell below $4 per gallon on June 16, marking the first time since mid-April. The decline was driven by U.S.-Iran accord signed on Monday, which prompted a sharp drop in crude oil prices, with a decline exceeding $4 per barrel. The market views the $

The U.S. dollar weakened on Monday (June 15) after the U.S. and Iran announced a temporary peace agreement, with the dollar index (DXY) falling 0.1% to 99.68. The accord, which aims to end a conflict lasting over three months, sparked reduced safe-haven demand and boosted risk appetite, lifting

New Zealand's food price index increased 1% on a monthly basis in May, compared with no change in the previous month, according to official economic data.

According to Bloomberg, on June 15, global hedge funds have repositioned portfolios ahead of the anticipated U.S.-Iran peace agreement signing on Friday (June 19), shifting capital into short-duration U.S. Treasuries, Asian currencies, and emerging market equities that were oversold during the

According to NOAA estimates, there is a 90% probability that El Nino will occur this year, with a 25% chance of an extremely strong episode. The phenomenon is expected to disrupt global agricultural production and push commodity prices significantly higher, potentially undermining investment

According to Guru Club, during Tuesday's Asia-Pacific early trading on June 16, WTI crude oil futures climbed 0.45% to $79.799 per barrel. Spot gold prices rose 0.05% to $4,311.01 per ounce, while U.S. equity index futures showed modest gains, with Dow Jones futures

According to Guru Club, on June 15, U.S. crude futures declined sharply. WTI July contracts fell 4.87% to $80.75 per barrel, while Brent August contracts dropped 4.76% to $83.17 per barrel. Abu Dhabi Murban futures fell 7.48% to $76.81 per barrel, approaching its March 3 low

According to Bloomberg, IG4 is seeking to acquire enough debt to gain control of over 50% of Raizen, a Brazilian sugar and ethanol producer in financial distress.

According to Jin10, U.S. inflation accelerated to its fastest pace in over three years in May, though economists believe the trend has likely peaked. Following news of a temporary Iran-U.S. agreement, oil prices fell and equity markets rallied. "The overall trend is downward," said Andrew

According to Jin10 Data, the spot delivery price at the Waha hub in Texas, a key indicator of shale basin natural gas prices, turned positive at 35 cents per million British thermal units on Monday, marking the first time since February that prices have moved above zero. The price had been

On Monday, Latin American equities and currencies diverged as markets digested the U.S.-Iran framework peace agreement, which boosted global risk appetite and lowered oil prices. Brazil's real depreciated 0.2% against the dollar, while the country's main stock index fell 0.4%, dragged down by

According to Iranian authorities on June 16, five Iranian vessels, including three oil tankers and two cargo ships carrying essential supplies, successfully breached the U.S. maritime blockade. Tracking data confirmed that a super-tanker is en route from international waters to Iranian ports after p

South Korea's export price index rose 46.9% year-on-year in May, according to official data released in June. The prior month's figure was revised upward to 41.3% from the previously reported 40.80%.

On Monday (June 15), emerging markets ETF surged 3.29%, leading major U.S. equity asset classes. Nasdaq-100 ETF gained 3.14%, followed by Barclays U.S. Convertible Bond ETF up 2.70%, and Gold ETF up 2.59%. The S&P 500 ETF rose 1.76%, Dow Jones ETF climbed 1.05%, and Russell 2000 Index ETF