Commodities (Crude Oil & Copper) & Macro Outlook

According to the People's Bank of China, the Interbank Market Data Repository (Shanghai) officially launched on June 16. The institution was established by seven co-founders and collects high-frequency trading data from multiple financial submarkets including bonds, currencies, derivatives, gold, an

In June, the Bank of Japan announced it would raise its policy rate to 1%, the first time Japan has reached that level since 1995. 137Labs analysis shows that over the past twenty-plus years, large amounts of international capital borrowed Japanese yen at nearly zero cost and allocated to risk assets such as U.S. technology stocks, emerging market bonds, commodities, and global real estate; this “Yen Carry Trade” structure is one of the key underlying logics driving global asset price increases.

According to CNBC, CME Group plans to sue the U.S. Commodity Futures Trading Commission (CFTC) over its approval of Bitcoin perpetual futures products. CME CEO Terence Duffy said on June 17 that the CFTC incorrectly classified perpetual futures as futures contracts rather than swap transactions

According to TASS, the local mayor of Moscow reported a drone attack on an oil refinery in the city. Further details regarding casualties or damage were not disclosed.

According to Bank of America, global capital expenditure in artificial intelligence is expected to reach $1.7 trillion by 2030, with China accounting for $330 billion. The bank predicts this surge will trigger structural shortages in AI materials, including copper, PCB copper foil, fiberglass,

In May, China's gasoline exports fell to 30,000 tons, down 95.2% year-over-year, with January-May cumulative exports at 1.21 million tons, down 61.3%. Jet fuel exports reached 1.06 million tons in May, declining 44.9% compared to the same period last year, while January-May cumulative jet fuel expor

According to Shanghai Steelunion, MMLC battery-grade lithium carbonate (morning trading) was quoted at 168,800 yuan per ton today, June 18, down 800 yuan from the previous trading day's close.

The United States and Iran signed an electronic agreement late Wednesday to end the conflict between the countries. U.S. stock futures rose in the overnight session following the announcement. The 14-point Memorandum of Understanding establishes a 60-day negotiation period to finalize a broader

According to official announcements, U.S. stock futures climbed late Wednesday overnight after Washington and Tehran electronically signed a 14-point Memorandum of Understanding to end their conflict, offsetting concerns from the Federal Reserve's hawkish rate outlook. Dow futures rose 0.58%,

According to Guru Club, coking coal futures main contract fell over 5% to 1,275 yuan/ton on June 18.

According to Guru Club, on June 18, coking coal futures main contract fell over 4% to 1,292 yuan per ton, while coke main contract declined nearly 3% to 2,026.5 yuan per ton.

Bitcoin (BTC) hit a weak decline, temporarily around $64,790 as of June 18. Strategy preferred stock STRC seriously de-pegged; the company claims, “Selling coins can pay 32 years of dividends,” attempting to stabilize the market. The Chicago Mercantile Exchange (CME) will sue the U.S. Commodity Futures Trading Commission (CFTC), opposing its approval of crypto perpetual futures. Macro Events & Crypto Hotspots 1、Strategy (MicroStrategy) issued “Stretch” variable-rate perpetual preferred stock STR

According to Jin10 Futures, the U.S. and Iran signed an electronic memorandum on Wednesday evening, with both sides scheduled to sign a formal agreement on Friday. The memorandum takes effect on Wednesday, initiating a 60-day negotiation period. An Iranian Foreign Ministry spokesman stated that the

CME Group announced its intention to sue the Commodity Futures Trading Commission over the regulator's approval of perpetual futures in the United States. The announcement was made by outgoing CME CEO Terrence Duffy. The legal action arises as a direct response to the CFTC's recent approval

According to Foresight News, CME Group CEO Terrence Duffy announced plans to sue the U.S. CFTC over perpetual contracts during a recent CNBC appearance. Under the Dodd-Frank Act, perpetual contracts are classified as swaps, and as CME has exclusive licensing agreements with all major benchmark

China's commodity futures market opened this morning with mixed performance. Polysilicon and paraxylene surged over 1%, while coking coal and soda ash declined over 2%.

According to ChainCatcher, CME will sue the U.S. Commodity Futures Trading Commission (CFTC) on Thursday (June 19) over the agency's approval of Kalshi's Bitcoin perpetual futures products, according to an announcement by outgoing CEO Terence

According to Xinhua, Pakistan's Prime Minister said on June 18 that Iran will immediately reopen the Strait of Hormuz and the United States will immediately lift its naval blockade.

According to Bank of Korea, the central bank said on June 18 it will monitor potential market volatility amid risks from Middle East tensions, oil prices, and shifting monetary policies among major economies.

CBOT soybean futures rose 0.2% to a two-week high on Wednesday (June 18), with the benchmark contract reaching $11.5825 per bushel, its highest level since June 3. The move was supported by USDA confirmation of export sales of 372,000 metric tons of soybeans, with 60,000 tons for 2025/26 delivery an