
Global markets were caught off guard as Donald Trump's presidential win unfolded on Tuesday night, triggering sharp sell-offs reminiscent of the Brexit vote. Investors scrambled to reposition trades that had assumed a Hillary Clinton victory.
The shock election result drove a strong dollar and risk-off moves that weigh on commodity prices and emerging-market currencies, raising import costs for feed buyers. Its price effects are broad but largely reflected in the dollar and currency moves.
After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Not 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.