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South Korean stocks and the won fell on March 28 amid global growth worries, after the US 10-year Treasury yield hit a 15-month low and the inverted yield curve raised recession fears. The 3-year Korean bond yield fell to 1.679%.
The KOSPI closed down 0.82% at 2,128.10.
Global recession fears and falling bond yields signal weaker risk appetite and possible demand softness, which can pressure commodity prices broadly, though the link to feed markets is indirect.
stockopedia.comMar 28, 2019After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.
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.
