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The Kospi closed at a record high of 3,249.3 points on May 10 after weaker-than-expected US April jobs data eased fears of monetary tightening. Foreign and institutional investors were net buyers while retail investors sold.
The won rose against the dollar that day.
Equity strength and a firmer won reflect easing tightening fears, which reduces pressure on emerging-market currencies and import costs. This is routine market movement with no direct effect on feed commodity supply or demand.
koreaherald.comYonhapMay 10, 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.
