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Chile reported zero year-on-year GDP growth for September, and Peru's September inflation surprised lower. Markets were range-bound ahead of US and Canadian jobs data, with Apple earnings weighing on Nasdaq futures.
Weak Chilean growth and softer Peruvian inflation point to subdued regional demand, while a broad risk-on move in US equities has little direct bearing on feed prices.
scotiabank.comNov 3, 2023Not 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.
