Loading…
ING says US Treasury yields are falling on Syria and North Korea geopolitical risk, plus Yellen's comments that policy is near neutral. The dollar is trading range-bound against major currencies.
A firmer dollar from rate expectations weighs on dollar-denominated commodity prices, while geopolitical risk supports safe-haven flows.
octaafrica.netApr 11, 2017After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% 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.
