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Japanese stocks rallied as the yen tumbled after the ruling coalition's election setback. The yen slid as far as 153.885 per dollar, its weakest level since July 31.
A sharp yen decline raises the local-currency cost of dollar-priced feed imports for Japanese buyers, which can slightly weigh on demand for US grain and meal.
reuters.comBrigid Riley, Kevin BucklandOct 27, 2024Not 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.
