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The pound held near a two-month low against the dollar after the Bank of England announced chief economist Andrew Haldane will leave later in the year. Markets viewed his exit as removing one of the more hawkish voices on the Monetary Policy Committee.
This is a central bank personnel story affecting sterling sentiment only, with no meaningful effect on agricultural commodity supply or demand.
brecorder.comReutersApr 13, 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.
