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The yen fell to 109.73 per dollar, its weakest since May, after an unexpected rebound in Chinese manufacturing lifted hopes for the world economy. The Australian and New Zealand dollars rallied, and the pound fell on a tightening UK election race.
Stronger Chinese factory activity signals firmer demand for imported commodities, supporting grain and meal prices, while a weaker yen raises the cost of Japanese feed imports.
cnbc.comReutersDec 2, 2019Not enough comparable past events yet for a historical read.
Not 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.
