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The yuan inched higher against the dollar on July 15 as the dollar softened globally, but gains were capped by China's weaker-than-expected second-quarter GDP growth. The PBOC set a midpoint at a one-week high, and traders awaited clarity on a cut to banks' reserve requirement ratio.
Weaker-than-expected growth and possible monetary easing can affect Chinese feed demand from livestock producers. The currency move itself is small and has little direct effect on grain prices.
brecorder.comReuters15 jul 2021Tras 362 eventos bajista de macro pasados, Yuan chino (CNY por USD) se movió una mediana de -0,1 % en 5 sesiones (42% al alza; mitad central entre -0,4 % y +0,1 %), y -0,2 % 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.
