Commodities (Crude Oil & Copper) & Macro Outlook

According to Reuters and market analysts, on June 26, oil prices retreated following the Iran-U.S. ceasefire and Hormuz Strait reopening, yet market expectations for Federal Reserve rate hikes remained largely unchanged. Core inflation, which exceeded the Fed's 2% target by over 1 percentage point i

On June 25, U.S. President Trump said at a White House event that the United States would use unfrozen Iranian assets to purchase wheat, soybeans, and corn from American farmers. Trump described Iran as a new market set to open for U.S. agricultural

According to Jin10, on Friday (June 26), South Korea's finance minister announced the country will lower fuel price caps as part of inflation-control measures. The minister stated that the seventh round of price caps will be set below current levels and will be maintained until consumer prices

Bitcoin broke below $60,000 on June 26, temporarily trading at $59,732, down about 52% from its all-time high; the key support level of $60,000 that had underpinned Bitcoin since February was breached. On the same day, maritime intelligence firm Windward reported that Iran had ordered at least three oil tankers transiting the Strait of Hormuz to turn back, with WTI and Brent crude both rising over 2.6% intraday. Windward: 3 oil tankers turned back, Singapore-flagged cargo ship attacked by IRGC W

According to Jin10 Futures, on June 26, Malaysian crude palm oil futures are expected to open higher on Friday morning, following gains in external markets. A cargo ship attack near Oman has fueled concerns over the timeline for Middle East crude oil shipping to return to pre-conflict levels,

President Trump stated on June 25 that the United States will soon use unfrozen Iranian assets to purchase agricultural products from American farmers. According to Trump's remarks during a White House event, the U.S. will buy wheat, soybeans, and corn, as he described Iran as "a new market that

According to Jin10 Futures on Thursday (June 26), CBOT soybean meal futures closed higher with the benchmark contract gaining 1.6%, tracking gains in soybeans and soybean oil markets. The rally was supported by a rebound in crude oil futures and forecasts of high temperatures in the

According to reports, CBOT soybean oil futures rose 2.2% on Thursday (June 26), tracking a rebound in crude oil markets. International crude oil futures rallied after a cargo vessel was attacked near Oman, renewing concerns about when Middle East oil shipments will normalize. The crude rebound

According to Jin10, ICE Canadian canola futures closed higher by 0.40% on Thursday (June 26), tracking a rebound in crude oil prices. West Texas Intermediate crude rallied above $71 per barrel after dropping to $70, lifting prices across commodities including canola. Crude oil gains exceeded $1 per

According to Jin10 Futures, CBOT soybean futures closed up 2% Thursday (June 26) as U.S. soybean export sales improved and international crude oil rebounded. Market attention shifted to weather forecasts for the coming week, with the National Oceanic and Atmospheric Administration (NOAA)

U.S. President Donald Trump announced plans to sign legislation that will allow the year-round sale of E15 gasoline, which contains 15% ethanol.

According to Yonhapnews, South Korea's Finance Minister announced on June 25 that the country will freeze electricity and natural gas prices in the second half of 2026. The government will also maintain fuel price caps until prices

Chicago Federal Reserve President Austen Goolsbee, a 2027 FOMC voting member, indicated that falling oil prices could pose downside risks to the U.S. economy.

According to Guru Club, WTI August crude oil futures closed up 2.25% at $71.92 per barrel on June 26. Brent July crude oil futures rose 2.06% to $75.26/barrel, while Abu Dhabi Murban crude oil futures gained 3.13% to $68.53/barrel.

According to U.S. media reports, Iran proposed charging all vessels transiting the Hormuz Strait an annual passage fee that could generate up to $40 billion in revenue, on Thursday, June 26. The proposal came after Iranian Revolutionary Guard forces attacked a cargo ship in the strait. U.S.

On June 24, Invesco submitted an amended filing to the Securities and Exchange Commission requesting approval for the Invesco Stablecoin Reserves Onchain Fund. The product is expected to become effective about 60

On Thursday, June 25, at New York's close, spot gold rose 0.64% to $4,024.97 per ounce, while COMEX gold futures climbed 0.78% to $4,040.10 per ounce. Spot silver gained 0.73% to $57.8327 per ounce, though COMEX silver futures fell 0.38% to $58.290 per ounce. COMEX copper futures surged 2.03% to $6.

According to Jin10, WTI crude oil futures for August delivery rose 2.25% to $71.92 per barrel on June 25, while Brent crude futures for August delivery gained 2.06% to $75.26 per barrel.

Variational, a derivatives protocol operating on Arbitrum, closed a $50 million Series A funding round led by Dragonfly Capital in May 2026, with participation from Bain Capital Crypto, Peak XV Partners, Coinbase Ventures, and Brevan Howard. The funding announcement coincided with the protocol's

Variational closed a $50 million Series A funding round led by Dragonfly Capital in May 2026, with participation from Bain Capital Crypto, Peak XV Partners, Coinbase Ventures, and Brevan Howard. The derivatives protocol has processed over $200 billion in cumulative trading volume since its 2025