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South Korea's Kospi rose on Friday while other Asian shares fell after a report that US President Donald Trump was preparing to step up the trade war with Beijing and impose more tariffs on Chinese imports. The won weakened to about 1,112.9 per dollar onshore, 0.39% weaker than its prior close, and Korean bond yields dropped.
Renewed US-China tariff threats strengthen the dollar against Asian currencies and add to trade-war uncertainty for Chinese feed demand, a modest negative for US feed-ingredient export prices.
businesstimes.com.sgAug 30, 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.
