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The Bloomberg Commodity Index fell to its lowest since July 2009 as the Bloomberg Dollar Index climbed to its highest since April 2009. Spot bullion dropped to its lowest since April 2010 and Brent slid as much as $1.07 to $81.75 a barrel.
A stronger dollar makes dollar-priced commodities more expensive for foreign buyers and weighs on energy and feed input prices, signalling softer raw material costs for feed buyers.
theedgemalaysia.comNov 2, 2026After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
After 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.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
After 301 past bearish macro events, Corn moved a median -0.1% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +0.2% 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.
