
Reuters reports that the Trump-Korea trade deal has revived concerns about currency flight, as the two countries agreed to split the investment fund into two components to avoid disruptions in the dollar-won market. The won has been one of Asia's worst-performing currencies since last year due to retail and pension fund appetite for US stocks.
Capital outflows pressuring the won raise the cost of Korean feed and grain imports priced in dollars, and a weaker won can dampen Korean buying of US feed 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.