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Bond yields rose worldwide after a Reuters report that the Bank of Japan was discussing changes to its stimulus, lifting Japan's 10-year yield to a six-month high. Stocks fell on US tariff threats against China, and the yen rose to two-week highs against the dollar.
Global bond and currency volatility driven by central bank policy and trade threats weighs on risk appetite. For feed buyers, the signal is mainly macro and does not directly move grain or meal prices.
timesofmalta.comJul 24, 2018Not enough comparable past events yet for a historical read.
After 359 past neutral macro events, DXY moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% 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.
