Loading…
North Korea launched a ballistic missile that passed over Japan, which Prime Minister Shinzo Abe called an unprecedented threat. Despite this, the yen strengthened against the dollar, falling to about 108.32 per dollar, while the South Korean won weakened.
Safe-haven flows into the yen and funding-currency unwinds affect the dollar-yen rate that feed buyers watch for import costs, while geopolitical risk can lift volatility across commodity markets.
cnbc.comLeslie ShafferAug 29, 2017Not enough comparable past events yet for a historical read.
Not 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.
