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Goldman Sachs warned that the South Korean won, Malaysian ringgit and Taiwan dollar could weaken if growth stocks continue to slide. The bank linked the risk to weaker tech-centric emerging-market currencies during periods of poor risk sentiment.
Weaker Asian currencies would raise local import costs for feed ingredients, while the note is a forecast on currencies rather than a direct supply or demand change.
bloomberg.comKarl Lester YapJan 12, 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.
