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The People's Bank of China launched a new financial tool to defend the yuan by selling new yuan bills in Hong Kong. It fixed the yuan at 6.9646 per dollar, a new 10-year low, after weak October PMI data showed manufacturing falling to 50.2.
New export orders contracted for a fifth straight month.
Contracting export orders point to weaker Chinese import demand for feed ingredients, which is bearish for feed volumes. The yuan defence measures signal Beijing's concern about capital outflows and slowing growth.
scmp.comKaren Yeung31 oct 2018Tras 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.
