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Tokyo consumer inflation accelerated to 2.8% in October, beating forecasts, and core-core inflation also rose. Governor Ueda's cautious tone on rate hikes kept USD/JPY below its recent multi-month highs near 154.
Higher Japanese inflation raises the chance of a BOJ hike, which could support the yen and affect currency-driven import costs. The direct impact on feed commodity prices is minimal.
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.