Loading…

The won fell to 1,517.2 per dollar on May 22, its weakest since April 2, as oil prices rose on doubts about a US-Iran peace deal. Foreign investors were net sellers of local stocks, and authorities warned about excessive moves.
Higher crude prices and a weaker won together raise the cost of imported feed and energy for Korean buyers.
Not enough comparable past events yet for a historical read.
After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% 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.