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After Democrats won control of both chambers of Congress, U.S. Treasury yields and the dollar weakened, while oil faced downward pressure amid hopes of easing supply risks. The article says lower U.S. yields and oil prices could ease inflation and exchange-rate pressures for South Korea, but strong domestic growth and inflation remain reasons for caution on rates.
Lower oil prices can reduce energy and freight costs across feed supply chains, while a stronger won can lower the cost of imported ingredients. These pressures could ease if geopolitical supply concerns return or the Bank of Korea’s rate outlook shifts.
ddaily.co.kr이호연 기자Nov 8, 2026After 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 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.
