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The Bank of England voted unanimously to raise interest rates, and Apple reached a $1 trillion stock market valuation on the same day. The vote was 9-0, which was more hawkish than many experts had expected.
The rate decision and the equity valuation have no direct bearing on feed grain, oilseed or livestock supply and demand. Market effects on commodities would be marginal.
theguardian.comGraeme WeardenAug 2, 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.
