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Bank of England Chief Economist Andy Haldane said UK inflation risks are skewed to the upside and warned of central bank complacency. UK 10-year gilt yields rose to 0.823%, their highest since March 2020, and sterling recovered.
This is a currency and rates story with little direct feed relevance; a firmer pound and higher UK yields modestly affect UK feed import costs priced in dollars.
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.