Loading…

October US inflation exceeded expectations, and traders increased the perceived chance of a larger Federal Reserve rate increase in December. Treasury yields rose, the dollar gained against major currencies, and gold and silver fell.
A stronger dollar can increase the cost of imported feed for buyers whose currencies weaken against it.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.