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South Korea's Kospi fell nearly 1% as concerns over the Sino-US trade war and possible faster Fed rate hikes weighed on risk appetite. The won weakened to 1,123.5 per dollar, and US job growth and wage gains in October raised expectations of another December hike.
Heightened trade-war uncertainty and firmer US rates support the dollar and can pressure commodity demand sentiment, though this is a regional equity and FX wrap with limited direct feed price impact.
businesstimes.com.sgNov 4, 2018Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
