Loading…
AUD/USD pared gains below 0.6900 as risk-off flows built in European trading. Traders weighed fears over aggressive ECB and Fed tightening, the worsening European gas crisis, and renewed Covid lockdowns in China.
Risk-off sentiment and China lockdown concerns point to weaker demand for commodities and a firmer dollar, a mild headwind for dollar-priced feed ingredients.
octaafrica.netAug 31, 2022Not enough comparable past events yet for a historical read.
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.
