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Bank of England Governor Mark Carney said sterling volatility is at emerging-market levels and UK assets face a substantial repricing once the Brexit outcome is known. The comments were reported by Bloomberg.
Heightened currency volatility affects import costs and hedging for UK-linked buyers, but it has no direct effect on feed grain or meal supply and demand.
bloomberg.comCharlotte Ryan, Matthew BoeslerSep 10, 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.
