Lädt…
The yuan rose to its highest level in seven months offshore, extending a 1.2% gain on Wednesday despite analyst forecasts for declines. The rally came a week after Moody's downgraded China's sovereign debt rating, which Beijing called groundless.
Surging interbank rates raised the cost of short positions and squeezed bears.
A stronger yuan makes Chinese feed and commodity imports cheaper in local currency, which can support Chinese buying of soybeans, corn and meal. Authorities defending the currency also signal a firmer policy stance that reduces depreciation risk for importers.
livemint.comHelen Sun, Molly Wei, Emma Dai01.06.2017Nach 362 vergangenen Ereignisse (bearisch, Makro) bewegte sich Chinesischer Yuan (CNY pro USD) im Median über 5 Handelstage um -0,1 % (42% höher; mittlere Hälfte -0,4 % bis +0,1 %) und über 20 Handelstage um -0,2 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
Surging interbank rates raised short-selling costs and squeezed bears, producing a seven-month yuan high offshore.
