Loading…
Sterling rose for a third straight day on hopes that Prime Minister Theresa May can avoid a no-deal Brexit. Gains were limited ahead of UK inflation data, which was expected to show headline CPI easing to 2.3% in November.
Markets were pricing about an 80% chance of one Bank of England rate hike next year.
Brexit-driven swings in sterling move the dollar cost of UK-linked feed purchases and alter the outlook for dollar strength, which matters for dollar-priced feed ingredients.
egypttoday.comDec 19, 2018Not 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.
