The dollar and yen rose on September 8 as a tech stock selloff drove investors into safe havens. The pound fell to a six-week low on fresh Brexit turmoil, and oil slumped nearly 8% in US crude.
Risk-off dollar strength combined with an oil slump can pressure commodity prices, including feed and biofuel-linked markets.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
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.