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Global equities drifted lower as U.S. election worries weighed on sentiment, with the S&P 500 down an eighth straight session. Sterling rose after a UK court ruled Parliament's approval was needed to trigger Brexit, and the CBOE Volatility Index jumped to its highest since late June.
Heightened risk aversion and election-driven volatility can pull funds out of commodities and move the dollar, adding short-term noise to grain and meal pricing.
thehindubusinessline.comThe HinduBusinessLineNov 4, 2016Not enough comparable past events yet for a historical read.
After 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.
