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USD/KRW rose 0.67% to 1,217.50, its highest level since late August 2019, as South Korea reported 161 new cases and a seventh death. Officials signaled readiness for extra budget measures and the Kospi lost 2.88%.
Safe-haven dollar strength and a weaker won reflect growing outbreak risk to Asian demand, which mildly pressures commodity prices tied to regional consumption.
octaafrica.netFeb 24, 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.
