Commodities (Crude Oil & Copper) & Macro Outlook

The S&P 500 index fell 0.26% on June 9, closing at 7,386.65. The Nasdaq also declined, while the Dow Jones Industrial Average fell 0.97% to 25,678.82. After chip stocks rebounded slightly on Monday, they failed to sustain the uptrend on Tuesday. iShares Semiconductor ETF (SMH) fell 1% that day after rising 6% on Monday. Confirmed chip-stock data: SMH, Micron, and Broadcom’s market performance iShares Semiconductor ETF (SMH): After rebounding 6% on Monday, it fell 1% on Tuesday. It had plunged 10

According to China's National Bureau of Statistics, the country's consumer price index (CPI) declined 0.1% month-on-month in May, reversing from a 0.3% increase in April, driven primarily by falling energy and service prices. Gasoline prices dropped 0.3% in May following a 12.6% surge in April,

Bitcoin (BTC) continues to weaken and fall further, temporarily around $61,850 as of June 10. The U.S. House of Representatives holds a hearing on a crypto tax bill, with lawmakers from both parties questioning details of the draft. Kalshi will require some prediction market participants to disclose employer information to help prevent insider trading. Macro Events & Crypto Market Highlights 1、According to CoinDesk, the U.S. House Committee on Ways and Means will hold hearings on multiple crypto

US Central Command forces launched self-defense strikes against Iran at 5 p.m. ET on Tuesday, following the downing of a US Army Apache helicopter over the Strait of Hormuz. President Donald Trump described the action as a proportional response to Iranian aggression, while the helicopter crew was

According to Jin10 Futures, crude oil declined amid risk-averse sentiment on June 10, weighing on fuel oil market strength. Downstream traders maintained cautious purchasing focused on immediate demand, while refineries showed moderate selling pressure at elevated levels. Market participants

China's General Administration of Customs released May 2026 trade data on June 9, showing total import and export value reached $648.13 billion, up 22.6% year-on-year. Exports totaled $376.78 billion, increasing 19.4%, while imports reached $271.35 billion, climbing 27.4%, resulting in a trade

According to reports, Malaysia's crude palm oil futures are expected to open higher on Wednesday (June 10), supported by a rebound in Brent crude oil and gains in Chicago soybean oil following a pullback on Tuesday. Although crude briefly hit a seven-week low after Iran and Israel agreed to halt

According to market reports, Nasdaq-100 futures fell over 1% on June 10 as U.S. military conducted retaliatory strikes against Iran, triggering a risk-off sentiment that pressured technology stocks. Investors await the May U.S. Consumer Price Index report to gauge the Federal Reserve's future

Japan's domestic corporate goods price index rose 6.3% year-over-year in May, exceeding forecasts of 5.6% and marking an acceleration from 4.9% in the prior month.

According to Jin10, WTI crude oil fell below $90 this week and dropped over 10% in two trading days, with prices touching near $85 on Tuesday. The volatility was driven by contradictory signals: U.S. President Trump stated a peace agreement with Iran would be signed within two to three days, while U

According to market data on June 9, U.S. stock indices showed mixed performance at close: the Dow Jones Index posted a modest gain, while the Nasdaq fell nearly 1% with semiconductor stocks tumbling and ARM shedding over 6%. WTI July crude oil futures fell 3.4% to close at $88.20 per barrel, and

According to Jin10, on June 9, U.S. stocks closed with mixed results overnight. The Dow Jones Industrial Average rose 0.17% to 50,872.11 points, while the S&P 500 fell 0.26% to 7,386.65 points and the Nasdaq Composite dropped 0.97% to 25,678.82 points. The Magnificent Seven index declined 1.24%, wit

On Tuesday, the S&P 500 fell 0.3% to 7,386.65, while the Nasdaq 100 dropped 1.1% to 29,084.50, as investors reassessed risks in mega-cap technology stocks. The decline marked the second consecutive session of losses, driven by concerns over sky-high valuations in AI and semiconductor sectors and

WTI crude oil rose more than 1% intraday on June 9, trading at $90.60 per barrel.

According to ship-tracking firms Kpler and Vortexa, Saudi Arabia's jet fuel exports to Europe reached their highest levels this week, with imports via the Red Sea port of Yanbu hitting 118,000 barrels per day—the highest since August 2025. Vortexa estimated daily imports at 140,000 barrels. The

U.S. stock markets faced renewed selling pressure on June 9, with an AI-driven semiconductor rally quickly losing steam. The Philadelphia Semiconductor Index fell 1.93% while the iShares Semiconductor ETF (SOXX) dropped over 1.6%, paring the previous day's 6% gain. The S&P 500 declined 0.26% and the

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' commented on June 7 via Facebook about India's Cockroach Janata Party (CJP), a protest movement that emerged following controversial remarks attributed to India's chief justice during a court hearing. The movement was founded by Boston University

According to Reuters, on Tuesday at the Global Energy Show in Calgary, ADNOC executives revealed the company is actively evaluating investment opportunities in Canada's upstream oil exploration and liquefied natural gas sectors through its newly established international investment platform

According to the American Petroleum Institute (API), U.S. crude oil production reached 262,000 barrels per day for the week ending June 5, 2026, up from 185,000 barrels per day in the previous week.