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North Korea's ballistic missile launch over Japan sent Asian markets lower and set US stock futures sharply down in early trade. The yen rose against the dollar and other currencies, and gold also moved.
Risk-off moves can pressure equities and commodity sentiment, and a firmer dollar can soften US grain and oilseed export prices, though the effect is typically short-lived.
cnbc.comLeslie ShafferAug 29, 2017Not enough comparable past events yet for a historical read.
After 10 past neutral geopolitics events, US Dollar (Broad) moved a median +0.1% over 5 sessions (60% higher; middle half -0.4% to +1.0%), and +0.5% over 20.
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.
