Loading…
The rand weakened in early trade as higher oil prices after a Saudi refinery attack fueled inflation concerns. Traders expected the Fed to hold rates but priced a high chance of a December hike.
A firmer dollar and higher energy costs raise import costs for South African feed buyers and tighten the outlook for dollar-denominated feed ingredients.
cnbcafrica.comReutersOct 28, 2026Not enough comparable past events yet for a historical read.
After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% 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.
