Loading…
Global stock markets fell on May 31, 2023 after weak Chinese manufacturing data showed a second monthly contraction. Weak German inflation and a warning from the ECB about higher interest rates also weighed on sentiment.
Markets were awaiting a US congressional vote to lift the debt limit.
Weaker Chinese manufacturing signals softer industrial and feed demand, but the report is a broad macro signal with no direct commodity price shift stated.
nst.com.myAFPJun 1, 2023Not 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.
