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The Australian dollar weakened to $0.6864 against the US dollar, its lowest level since April 2, and also fell against the yen and euro. US equity futures were lower, with the Dow futures down about 700 points, while Nasdaq futures pared earlier gains.
Risk aversion and broad US-dollar demand can pressure the Australian dollar, raising the local-currency cost of imported feed and other commodities for Australian buyers.
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.