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The Bank of Thailand's Monetary Policy Committee voted 5 to 2 to cut the policy rate by 0.25 points to 1.75 percent. The committee cited US trade policy, possible retaliation from major economies, and a weaker tourism outlook.
Lower Thai rates tend to weaken the baht and do little for feed commodity prices directly, though weaker growth reduces regional feed demand.
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.