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The yen briefly strengthened on Monday after China cancelled trade talks with the United States, just as a new round of 10% US tariffs on $200 billion of Chinese goods took effect. China also summoned the US ambassador and postponed military talks over US sanctions on a Chinese military agency.
The early moves were thin and mostly reversed as the session progressed.
Cancelled talks and new tariffs raise the risk of prolonged Chinese retaliation against US farm goods, which weighs on US soybean export demand and prices. Buyers should expect continued pressure on US soybean exports.
thehindubusinessline.comReuters24 sept 2018Tras 803 eventos bajista de comercio pasados, Soja se movió una mediana de +0,0 % en 5 sesiones (51% al alza; mitad central entre -1,7 % y +1,7 %), y +0,9 % 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.
