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The IMF pledged full support for Argentina as it seeks to overcome its economic crisis, and an IMF delegation will meet Argentine officials Tuesday to agree a revised economic plan. The peso dropped 13.5 percent against the dollar on Thursday, and protests against austerity continued.
The outcome of IMF talks will shape Argentina's currency path and export selling, which matters for world soymeal and corn pricing.
aljazeera.comAug 31, 2018Not enough comparable past events yet for a historical read.
After 73 past neutral macro events, Soybean Meal moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +2.1%), and -1.6% 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.
