Commodities (Crude Oil & Copper) & Macro Outlook

According to Guru Club, China's commodity futures closed mixed on June 15. Shanghai Silver led gains with a surge of over 6%, while Shanghai Tin and Gold each rose over 4%. On the decline, Methanol and Fuel Oil fell over 8%, Crude Oil dropped over 7%, and PTA, Xylene, and Asphalt each fell over 6%.

According to Guru Club, WTI crude oil futures fell below $80 per barrel on June 15, marking the first time since March. The contract declined 5.76% during the trading session.

WTI crude oil dropped below the $80 per barrel mark, trading at $79.98 per barrel today, marking its first break of this level since March. Brent crude fell 5.0% to trade at $82.96 per barrel on the same

According to BlockBeats, Garrett Jin, representative of a major Bitcoin holder, stated on June 15 that cryptocurrency is experiencing a prolonged bear market, while other assets such as U.S. equities and crude oil have recovered. Cryptocurrency remains the only asset class struggling amid the

According to Finland President, the United States and Iran announced a ceasefire agreement recently. The agreement opens a path toward ending the conflict and reopening the Strait of Hormuz.

According to Jin10 Futures, as of June 12, crude oil refinery-to-retail fuel price spreads in China contracted sharply from early-month highs. Gasoline spreads at major refineries and Shandong independent refiners narrowed 19.09% and 16.85% respectively, while diesel spreads fell 19.93% and 18.77%.

According to BlockBeats, Federal Reserve new Chairman Kevin Wash took office on June 15 ahead of his first rate-setting meeting amid sticky inflation pressures. One-year inflation expectations remain elevated at 4.6%, while Michigan consumer sentiment recovered to 48.9. Wash previously advocated

According to Intercontinental Exchange data, UK wholesale natural gas prices fell 5.6% to 105.7 pence per therm recently.

On June 15, U.S. President Donald Trump announced the completion of a deal with Iran via Truth Social, stating he had authorized the reopening of the Strait of Hormuz and removal of the U.S. naval blockade. The announcement eased Middle East conflict fears, triggering a sharp recovery across

Germany's wholesale price index (Produzentenpreisindex) declined 0.6% month-on-month in May, compared to a 2.0% increase in the previous month.

Gate News: According to the latest Gate TradFi data, COTTON (Cotton) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

According to Reuters, the Disah LNG tanker has transited the Strait of Hormuz heading eastbound following the announcement of a U.S.-Iran peace accord. The vessel, carrying liquefied natural gas from Qatar's Ras Laffan port, is chartered by the Oil and Natural Gas Corporation (ONGC) of

According to New York Post, Trump threatened on June 15 to impose 100% tariffs on French wine in response to Europe's digital tax policies.

India's Finance Minister stated on June 15 that the country faces challenges amid foreign exchange volatility, crude oil price uncertainty, and insufficient rainfall this year.

According to Tianqi Lithium, since the beginning of 2026, the company's main lithium products have seen significantly higher average selling prices compared to the same period last year, driven by growing demand from the new energy

According to a report by Bloomberg on June 15, the U.S. Commodity Futures Trading Commission (CFTC) is considering whether to block the application from the Chicago Mercantile Exchange Group (CME) to launch around-the-clock crude oil futures contracts; an unnamed senior CFTC official said that 24/7 trading may not be suitable for crude oil, because during periods of heightened geopolitical tension it could further amplify market volatility that is already at extreme levels. CME 24/7 Crude Oil an

According to Guru Club, China's domestic futures market closed mixed on June 15. Shanghai silver surged nearly 8%, with Shanghai gold and tin each gaining over 4%, while palladium and Shanghai zinc rose more than 2%. On the downside,

According to CNN, a U.S. official said on Monday that the U.S. military has received orders to lift its blockade of the Strait of Hormuz on Friday, contingent on a signed agreement with Iran. However, the official noted that the situation remains fluid,

According to Bloomberg, the U.S. CFTC is considering whether to block CME Group's application to launch 24/7 trading for crude oil and gold futures contracts, heightening tensions between the regulator and the market giant. CME announced the move on June 15. The CFTC's main concerns include high

On June 15, 2026, global financial markets saw a dramatic synchronized bout of volatility. From crude oil to gold, from US stock futures to cryptocurrencies, nearly all major asset classes repriced in clear-cut directions along the same time axis. The immediate trigger for this volatility was the rapid rollout of the US-Iran peace agreement. On June 14, US President Trump announced on social media that the agr