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The Bank of Japan trimmed its purchases of long-dated Japanese government bonds, sending the dollar down about 0.5 percent against the yen. Traders read the move as a subtle step toward winding back stimulus, which sent 20- and 40-year yields to one-month highs.
Taper speculation strengthens the yen and can weigh on dollar-priced commodities through currency effects. The impact on feed markets is indirect and modest.
business-standard.comReutersJan 9, 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.
