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The South Korean won firmed 0.7% to a two-week high, while Seoul shares rebounded 2% from an 11-month low. November exports grew at their fastest pace in three months and factory activity expanded.
DBS said robust external demand should support further policy normalization by the Bank of Korea.
A stronger won against the dollar lowers the local-currency cost of imported feed ingredients such as corn and soymeal for Korean buyers. The effect on global feed prices is small.
reuters.comAnushka TrivediDec 1, 2021Not 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.
