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Sterling rose 0.2% to $1.2310 on Monday after a week of losses, shrugging off data showing a 0.2% quarterly contraction in UK GDP. Markets remained focused on Brexit developments and the Conservative party conference.
With little sign of a Brexit resolution, currency swings remain driven by political risk rather than fundamentals relevant to feed demand. The impact on grain and meal prices is minimal.
financialpost.comReutersSep 30, 2019Not 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.
