Loading…

The Bank of Korea said in its monetary policy report that the escalating US-China trade war could last longer than expected. It warned of higher capital-outflow risk and greater dollar-won volatility.
The won's moves are also tied to the yuan.
Expected volatility in the dollar-won rate makes import budgeting for Korean feed buyers harder. The direction of the currency move is uncertain, so cost risk is two-sided.
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.