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The rand rallied to a three-year high as expectations of US rate cuts weakened the dollar and improving domestic inflation expectations drew inflows into local assets. The rally reflects South Africa's relatively high yields.
Foreign inflows and a stronger rand lower South African import costs for feed ingredients, while a weaker dollar supports dollar-priced commodities.
Not enough comparable past events yet for a historical read.
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.