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Trump said he would fix or scrap the South Korea trade deal and demanded payment for a missile defense system. The comments hit Seoul stocks and the won.
Trade friction with Korea could disrupt US export flows of feed grains and meal to a major buyer, and a weaker won raises Korean import costs.
reuters.comStephen J. Adler, Jeff MasonApr 29, 2017Not enough comparable past events yet for a historical read.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
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.
