Maybank Securities says recent central bank meetings in the US, Europe, Japan and Thailand kept rates unchanged, easing some concern about tightening. It outlines scenarios for the US midterm elections, with a Democratic sweep seen as weighing on US stocks and the dollar.
Historical post-midterm S&P 500 returns are also cited.
A weaker dollar after a Democratic win would ease the cost of dollar-priced feed commodities for importers. The commentary is general market outlook with no direct supply or demand change.
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.