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The yuan fell to its lowest level in nearly 15 years as investors sold Chinese assets following Xi Jinping's reshuffle of Communist Party leaders, which raised concerns about his tighter grip on power. Investors are reacting to political uncertainty as well as the economy.
A sharply weaker yuan raises the cost of dollar-priced feed imports for China and can dent its purchasing power for soybeans and corn. Political uncertainty also adds to doubts about Chinese feed demand.
cnn.comLaura He25 oct 2022Tras 398 eventos alcista de macro pasados, Yuan chino (CNY por USD) se movió una mediana de +0,0 % en 5 sesiones (56% al alza; mitad central entre -0,3 % y +0,5 %), y +0,0 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
