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Analysts expect the Fed to raise rates faster than previously anticipated. They see the resulting stronger dollar and the pressure on emerging markets weighing on oil prices.
Higher oil prices feed into diesel and freight costs for feed producers, so a bearish oil outlook eases some input cost pressure.
wsj.comGeorgi KantchevJan 19, 2017After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% 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.
