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Tokyo stocks rose and the yen weakened on Wednesday, February 1, as investors held to their view that US and Japanese monetary policy will stay on divergent paths. They shrugged off Washington's comments aimed at softening the dollar.
The market reaction was limited.
Investors seeing policy divergence means yen weakness is likely to persist, which keeps Japanese import costs for US commodities higher in yen terms. The impact on feed prices is modest.
asia.nikkei.comFeb 1, 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.
