Loading…
UK consumer price inflation slowed to 2.6% in June, below the 2.9% forecast, and sterling fell to about $1.30 after climbing earlier to its highest level against the dollar since September. Markets reduced expectations for an early Bank of England rate hike.
Lower UK rate expectations weaken the pound, which affects the dollar value of UK feed and grain imports and export competitiveness.
thenationalnews.comBloombergJul 18, 2017Not 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.
