Commodities (Crude Oil & Copper) & Macro Outlook

According to Investinglive analyst Eamonn Sheridan per Jin10, U.S.-Iran nuclear talks face an early setback on June 19, with the first negotiating meeting not yet scheduled despite the 60-day countdown in the memorandum of understanding already underway. The cancellation of Vance's planned visit

According to Bank of Japan Deputy Governor Ryozo Himino, producer prices in April rose at a faster pace than expected due to rising oil prices.

Bank of Japan Deputy Governor Ryozo Himino stated that the central bank intends to provide a more comprehensive analysis of oil's impact on inflation when updating its quarterly forecasts in July.

According to Bank of Japan Deputy Governor Ryozo Himeno, rising fuel costs could increase their impact on consumer prices this summer. The remarks highlight the central bank's monitoring of inflation pressures amid seasonal energy demand

According to Jin10 Futures, due to the U.S. Juneteenth holiday on June 19, CBOT agricultural futures, ICE sugar and cotton futures will be closed on June 20. CME precious metals, energy, forex, equity index, and U.S. Treasury futures contracts will end trading early at 01:00 Beijing time on June 20,

According to CME's filing in U.S. District Court for the District of Columbia on June 19, Chicago Mercantile Exchange Group has sued the U.S. Commodity Futures Trading Commission and its Chair Michael Selig over the regulator's approval of crypto perpetual futures. The lawsuit was triggered by

According to Jin10, on June 19, U.S. and Chinese stock markets close for the day due to the Dragon Boat Festival coinciding with Juneteenth. The CME (Chicago Mercantile Exchange) halted trading in precious metals, energy, forex, equity index, and U.S. Treasury futures contracts at 1:00 AM Beijing ti

New Zealand's exports reached NZD 8.88 billion in May, according to official statistics. The prior month's figure was revised downward to NZD 8.27 billion from the previously reported NZD 8.62 billion.

According to a June 4 memo, American Perpetuals Exchange Corporation, led by Theodore Gillibrand, raised $30 million at an estimated $300 million valuation to build a regulated U.S. venue for perpetual futures. The company plans to file for a Designated Contract Market license with a special

According to Iraq's Oil Minister Bahim Muhammad Houdail, on June 18, Iraq's crude oil production is gradually recovering to levels prior to the U.S.-Israel conflict in the region.

According to Iran's state news agency, on June 18, Iran's Supreme National Security Council announced that vessels seeking passage through the Strait of Hormuz will be exempted from fees for 60 days under the Iran-U.S. memorandum of understanding. Commercial ships requesting transit must submit

South Korea's Producer Price Index increased 0.8% in May on a monthly basis. The government also revised the prior month's figure upward to 2.7% from the previously reported 2.5%.

According to Citigroup, oil prices are expected to decline over the next 6 to 12 months and reach $60-65 per barrel by the first quarter of 2027 under a basic scenario assuming normalized capital flows following U.S.-Iran

On June 18, emerging market ETFs surged 3.25%, with Nasdaq-100 ETFs rising 2.51% and Russell 2000 ETFs climbing 1.97%. S&P 500 ETFs gained 1.04%, while U.S. Treasury 20+ year and dollar index ETFs added up to 0.49%. Among decliners, the VIX (fear index) ETF fell 3.14%, agricultural commodity funds d

According to CNBC, CME Group announced this week it will sue the Commodity Futures Trading Commission (CFTC) over its approval of prediction market platform Kalshi's Bitcoin perpetual futures contract. CME Chief Executive Terrence Duffy disclosed the filing during a CNBC interview, stating the

According to Bloomberg and CBOT data, on Thursday (June 18) at the New York close, the Bloomberg Commodity Grain Index fell 0.92% to 29.7383. CBOT corn futures declined 1%, wheat futures fell 1.19%, and soybeans dropped 0.63% to $11.42 per bushel. Soybean meal futures fell 0.88% while soybean oil fu

According to Goldman Sachs, the bank raised its Q3 aluminum price forecast to $3,300 per ton from $3,200 and upgraded its 2027 outlook to $2,950 per ton from $2,750. The bank forecasts aluminum supply surplus of 720,000 tons in 2026 and 590,000 tons in 2027.

Bitcoin fell 5% to $62,236 on Thursday, erasing gains initially triggered by rumors and the formal announcement of a U.S.-Iran peace accord. The decline occurred after bitcoin attempted to test $66,000 on Wednesday and represents a 7.5% drop since the cryptocurrency peaked above $67,300 on

Iran's Supreme National Security Council announced on June 18 that traffic through the Strait of Hormuz will gradually increase. The statement came without additional details on timeline or specific measures.

According to Amena Bakr, energy intelligence group reporter, three Saudi super-large tankers (VLCC) carrying approximately 6 million barrels of crude oil have passed through the Strait of Hormuz and reappeared on the Automatic Identification System (AIS) after being absent for over two