Commodities (Crude Oil & Copper) & Macro Outlook

According to CME data, on June 9, precious metals and crude oil futures displayed divergent trading patterns. Gold, silver, and copper all posted gains in both volume and open interest. Gold volume rose 4,471 contracts to 160,487, with open interest increasing 1,689 contracts to 332,845. Silver volu

According to Chuanchuang Intelligence data, China's marine fuel oil production in May 2026 totaled 406,000 tons, down 4.38% month-on-month but up 0.84% year-over-year. Production declined due to reduced feedstock availability following China National Offshore Oil Corporation's Taizhou facility

According to CoinDesk, on June 10, Bitcoin and gold fell in tandem as market expectations of interest rate hikes pressured non-yielding assets. Bitcoin declined approximately 7% this week while gold broke below $4,200 per ounce. Over the past week, more than $500 million in short positions were

Entergy's CEO defended the utility's large-scale power buildout for data centers, arguing that the "Fair Share Plus" policy requires data centers to pay for infrastructure and fixed costs. According to the CEO, the approach will save customers approximately $7

According to Kazakhstan's Energy Minister, maintenance of the Kashagan oil field will take 35-40 days in 2027.

According to the Japan Petroleum Association (PAJ), as of the week ending June 6, Japanese commercial crude oil inventories declined to 9.5367 million kiloliters from 10.0167 million kiloliters the previous week, down 480,004 kiloliters. Refinery operational capacity utilization (BPSD) rose to 80.20

CME Group (Chicago Mercantile Exchange Group) launched Nasdaq CME Crypto Index futures on June 10. At maturity, the contracts are settled in cash based on the value of the Nasdaq CME Crypto Settlement Price Index. The index tracks Bitcoin, Bitcoin Cash, Ethereum, Solana, XRP, Cardano, Chainlink, and Stellar. Index constituents: 8 confirmed crypto assets as of June 9, 2026 Per announcements from CME Group and PRNewswire, the constituents of the Nasdaq CME Crypto Settlement Price Index are as foll

According to Shanghai Steel Union data, MMLC battery-grade lithium carbonate mid-price reached 165,100 yuan/ton during today's early session, up 750 yuan/ton from yesterday's 4:30 p.m. level.

According to U.S. Undersecretary of State Lando, the United States is working to release energy reserves and increase sales of liquefied petroleum gas (LPG) and liquefied natural gas (LNG) to ASEAN member

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