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South Korea's trade talks with the Trump administration faced political doubts, and the won broke through 1,400 per dollar on Thursday. The selling followed President Lee Jae Myung's statement that Korea would need a currency swap with the US if it accepted the $350 billion investment demand.
Investor fears of a raw trade deal or a currency crisis push the won weaker, which raises the local cost of dollar-priced feed imports and adds uncertainty to Korean purchases of US agricultural goods.
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.