Commodities (Crude Oil & Copper) & Macro Outlook

Los Angeles Port handled record-high volumes in June as importers accelerated shipments to avoid rising tariffs and fuel costs. Industry analysts predict July arrivals could break another all-time record, driven by the same tariff avoidance

According to China Auto Battery Innovation Alliance data, in June, China's power and energy storage battery sales reached 196.0 GWh, increasing 49.1% year-over-year and 7.6% month-over-month. Power battery sales totaled 133.4 GWh (68.1% of total), up 41.8% YoY; energy storage battery sales

According to Jin10, on July 16, Chicago's most actively traded wheat futures held near their Wednesday highs after surging 5% as Ukraine and Russia launched mutual attacks in the Black Sea, threatening this critical grain export corridor. Russia is the world's largest wheat exporter, and the Black S

According to Guru Club, on July 16, China's domestic futures markets opened mixed. Shanghai silver fell over 3%, while lithium carbonate declined over 2%, and naphtha, glass, tin, raw sugar, PTA, urea, and asphalt each fell over 1%. On the upside, Shanghai nickel rose nearly 3%, platinum gained

WTI crude oil fell 1.00% intraday on July 16, trading at $78.92 per barrel.

WTI crude oil retreated below $79 per barrel intraday on July 16, down 0.92% during the trading session.

On July 15, the U.S. Trade Representative's Office imposed a 25% tariff on certain Brazilian goods following a year-long investigation into alleged unfair trade practices including digital trade barriers, intellectual property concerns, and illegal deforestation. The U.S. will exempt Brazilian

Brent crude fell below $84 per barrel, declining 0.81% intraday today (July 16).

ING Bank forecasts inflation will slow through 2027 for four reasons, according to a statement on May 15 (local time). The bank cited potential oil price declines if US-Iran negotiations resume, housing cost deceleration showing sub-1% year-over-year growth, labor market rebalancing from 2022's

The U.S. will impose 25% tariffs on certain Brazilian goods starting July 22.

According to Shanghai Metal Market, MMLC battery-grade lithium carbonate traded at a midpoint price of 150,950 yuan/ton this morning, down 1,250 yuan/ton from the previous day's 4:30 PM closing price.

NYDIG (New York Digital Investment Group) released its latest report, showing that Bitcoin is down nearly 30% year-to-date, trading at the bottom across asset classes and underperforming US Treasuries, silver, and more. The current slump is driven by supply mechanisms rather than risk sentiment; the drawdown structure from 2025 to 2026 is increasingly close to 2022. If Bitcoin’s price action fully replicates the 2022 pattern, the potential cycle low could be around $38,000 to $39,000. NYDIG’s su

According to commodity futures analysts, COMEX gold fell 0.07% to close at $4,066.9 per ounce on July 15, while Shanghai gold futures rose 0.03% to 887.42 yuan per gram. The moves reflected mixed signals from U.S. inflation data and escalating Middle East tensions. U.S. producer prices fell 0.3% mo

Nouriel Roubini, the New York University professor known as 'Dr. Doom' for predicting the 2008 global financial crisis, warned on July 15 (local time) that inflation remains the biggest risk factor in financial markets and US 10-year Treasury yields could approach 8%.

According to Business Insider, on July 15, economist Nouriel Roubini warned that U.S. Consumer Price Index (CPI) inflation could rise to 5-6% due to structural factors, significantly above the June rate of 3.5%. The "Dr. Doom" economist cited geopolitical tensions, particularly the U.S.-Iran

According to Citrini Research, the market research firm predicted on July 16 that global DRAM shortage will reach 28.7EB by 2030, accounting for 18% of total demand versus current global capacity of about 40EB. By 2030, global DRAM (including HBM) demand is forecast at 157.5EB against supply of

Oxford Economics (OE) withdrew its previous forecast that geopolitical risks surrounding the United States and Iran would gradually dissipate, according to a report released on the 15th (local time). The institution stated that temporary tension-reduction measures agreed upon by both countries

According to Longzhong Information, China's refined oil prices are expected to rise by approximately 250 yuan/ton on July 17, 2026, equivalent to around 0.18 yuan per liter. For a 70-liter fuel tank, private vehicle owners will pay roughly 13 yuan more to fill up. This marks the ninth price

Bitcoin (BTC) gives back its overnight gains, trading around $64,440 as of July 16. Trump will attend a key meeting on Thursday at the White House regarding the ethics provisions of the “CLARITY Act,” aimed at addressing lawmakers’ concerns about Trump and his family’s crypto businesses. Japan’s parliament approved legislation that reclassifies Bitcoin and other cryptocurrencies as financial assets, marking a major regulatory shift. Macro Events & Crypto Market Hotspots 1、According to The Block,

According to Robin Brooks, a senior fellow at the Brookings Institution and former Goldman Sachs FX strategist, the dollar avoided a steeper decline on July 15 primarily due to geopolitical risks driving oil prices higher. Brooks noted that core U.S. inflation has already retreated to a mild