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Currency markets began the week relatively orderly, with EUR/USD near 1.12 and USD/JPY around 158, while the New Zealand dollar stood out amid preliminary election results favouring the National Party. Oil remained under pressure after President Trump said further strikes were unlikely if a strong agreement were reached, and technology shares remained weak.
Lower oil prices may ease fuel and transport costs for feed supply chains, though the story describes a market response rather than a change in physical supply. No clear feed-commodity price impact is established.
continuumeconomics.comBen LevettNov 9, 2026After 255 past bearish geopolitics events, Crude Oil (WTI) moved a median -2.4% over 5 sessions (31% higher; middle half -7.0% to +1.7%), and -5.0% over 20.
After 250 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (36% higher; middle half -7.9% to +1.6%), and -5.5% 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.
