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South Korean shares rose 1.88 percent to close at 3,013.70, their biggest one-day gain in two weeks, after softer US consumer price data eased inflation worries. The won strengthened to 1,135.9 per dollar and the benchmark bond yield fell.
Easing US inflation fears lowered bond yields and the dollar, a mild macro backdrop that has little direct effect on feed commodity supply or demand.
brecorder.comReutersMar 11, 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.
