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Sterling rose more than 1% to about $1.2904 on hopes that the UK and EU could reach a trade deal by October and avoid a cliff-edge exit. Both sides set a preliminary October deadline, with a final agreement required by the end of December.
Reduced no-deal risk supports sterling, which lowers the local-currency cost of dollar-denominated feed imports for UK buyers. The impact on commodity prices is minor.
financialpost.comReutersSep 28, 2020Not 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.
