# Press release: Markets swing on changing perceptions of the policy outlook: BIS Quarterly Review

> The BIS September 2022 Quarterly Review reports that markets swung as investors reassessed central bank responses to persistent inflation, and the US dollar reached record highs. It also notes that effective restrictions on Russian energy output would spill over into industrial production and biofuel crops.

- Date: 2022-09-19 · published 2022-09-19T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/10324-press-release-markets-swing-on-changing-perceptions-of-the-policy-outlook-bis
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A record-high dollar and emerging-market currency weakness reduce the purchasing power of importers of feed commodities. The biofuel-crop spillover from energy restrictions could tighten vegetable oil and grain supplies.

## Read by commodity

- DXY: bullish ▲
- SBO: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-08-11 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Second Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/40215-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | +1.1% | +3.2% |
| DXY | 2024-11-26 | [Wheat extends losses on better US crop outlook, firmer dollar - Markets - Business Recorder](https://feedsoft.ai/events/11777-wheat-extends-losses-on-better-us-crop-outlook-firmer-dollar-markets-business.md) | -0.0% | +1.1% |
| DXY | 2022-01-28 | [Financial Markets Report - Fourth Quarter 2021 \| Banco de la República](https://feedsoft.ai/events/43412-financial-markets-report-fourth-quarter-2021-banco-de-la-republica.md) | -0.9% | -0.6% |
| DXY | 2017-05-03 | [The FOMC statement for the May 2017 meeting - Forex news - Binary options](https://feedsoft.ai/events/70925-the-fomc-statement-for-the-may-2017-meeting-forex-news-binary-options.md) | +0.6% | -1.2% |
| DXY | 2019-04-26 | [Size of Russian wheat crop takes toll on market - Farmers Weekly](https://feedsoft.ai/events/10961-size-of-russian-wheat-crop-takes-toll-on-market-farmers-weekly.md) | -0.2% | +0.4% |
| SBO | 2024-03-25 | [USDA boosts soy view on biofuel policy changes \| Latest Market News](https://feedsoft.ai/events/15227-usda-boosts-soy-view-on-biofuel-policy-changes-latest-market-news.md) | +0.6% | -4.4% |
| SBO | 2026-01-06 | [WASDE Preview: Strong Crush Demand, Ethanol Production, and Supply Chain Uncertainty Shape Grain Markets - RFD-TV](https://feedsoft.ai/events/21157-wasde-preview-strong-crush-demand-ethanol-production-and-supply-chain.md) | +0.0% | +5.6% |
| SBO | 2022-07-19 | [The Mighty US Crop Markets Through 2030: Our Long-term Outlook for Corn, Soybeans, and Wheat - Rabobank](https://feedsoft.ai/events/15377-the-mighty-us-crop-markets-through-2030-our-long-term-outlook-for-corn-soybeans.md) | -4.4% | +2.8% |

## Sources

- bis.org: https://www.bis.org/press/p220919.htm

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.