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Global equity markets closed higher on November 5, 2020, with the US dollar weaker and oil, gold and silver all higher. Traders were awaiting final US presidential election results and the October non-farm payroll report.
A weaker dollar tends to support dollar-denominated commodity prices, but this is a routine market wrap with no new supply or demand driver for feed ingredients.
spglobal.comNov 5, 2020Not enough comparable past events yet for a historical read.
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.
