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Coverage of a Bank of England update to MPs said the economic damage from a no-deal Brexit would be smaller than earlier estimated, with GDP now seen falling about 5.5%. Unemployment could reach 7% and inflation 5.5% under that scenario.
A UK recession outlook affects sterling and UK meat and dairy demand at the margin. The effect on feed commodity prices is small.
theguardian.comGraeme WeardenSep 4, 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.
