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Emerging Asian currencies and stocks were little changed as investors weighed a likely economic slowdown in China and expected Fed rate hikes. The Philippine peso and Indonesian rupiah slipped while the yuan firmed 0.3% and Chinese stocks neared a two-month high.
Mixed regional currency moves and expectations of further Fed tightening keep import costs for Asian feed buyers sensitive to dollar strength.
businesstoday.com.myNov 15, 2022Not 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.
