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US consumer prices rose 0.4% month on month in October, above the 0.3% expected, and core inflation also beat forecasts. Turkey's central bank raised its year-end 2026 inflation forecast to 29.5%, and the Fon Koordinasyon Kurulu reported about 161 billion lira in payments to fund investors.
Stronger US inflation data increased expectations of a Fed rate hike, which tends to lift the dollar and weigh on dollar-priced commodities such as grains and oilseeds. The impact is a macro backdrop rather than a direct supply change.
bloomberght.comNov 15, 2026After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
