Investors moved to price an end to Fed rate hikes after a weak US labor report and softer October inflation data. The US 10-year yield fell below 4.5% and the Dollar Index posted its worst day of the year, down 1.5%.
Lower yields and a weaker dollar reduce the cost of holding commodities and tend to support dollar-denominated grain and meal prices.
在过去 1,637 次看跌的宏观事件之后,美元(广义) 在 5 个交易日内中位数变动 -0.2%(39% 上涨;中间一半区间为 -0.6% 至 +0.3%),20 个交易日内为 -0.2%。
在过去 388 次看涨的宏观事件之后,欧元(每 EUR 的 USD) 在 5 个交易日内中位数变动 +0.3%(62% 上涨;中间一半区间为 -0.4% 至 +1.1%),20 个交易日内为 +0.1%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。
It describes softer US inflation and a weak labor report that led markets to price an end to Fed hikes, with the Dollar Index posting its worst day of the year (-1.5%), which explains the EUR/USD jump through lower US yields.