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The won is underperforming due to uncertainty over South Korea's $350 billion US investment plan and ongoing trade talks. Analysts note concerns that the investment could increase Korean holdings of US securities, and President Lee Jae Myung warned of possible delays in finalising the trade deal.
Currency weakness from trade uncertainty raises the dollar cost of Korean feed imports, though the effect on US commodity demand is modest.
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.