European stock markets closed higher on Wednesday in response to the Democratic wins in the US House and Senate. London rose 1.79%, Frankfurt 2.38%, Paris 1.96% and Madrid 3.20%, with banks and clean-energy stocks leading.
Energy shares fell as oil declined on hopes of an end to the US-Iran war.
Lower oil prices on expectations of a US exit from the Iran conflict would reduce energy costs for European feed and fertiliser producers. The market reaction itself is equity-focused and does not directly move grain or feed prices.
After 621 past macro events, Brazilian Real (BRL per USD) moved a median +0.2% over 5 sessions (53% higher; middle half -1.3% to +1.4%), and +0.6% 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.