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Nomura says the yen has been in focus this week as polls show Prime Minister Abe's popularity continuing to decline. The bank sees low near-term risk of regime change because Abe's support within the LDP is solid.
Political risk and a benign Fed outlook point to gradual yen weakness, which would raise the yen cost of dollar-priced feed imports. The effect on feed prices is small.
octaafrica.netJul 27, 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.
