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The yuan's 2017 rally ended last week after the People's Bank of China scrapped a reserve requirement on a yuan derivative that had been aimed at curbing depreciation. Analysts expect Beijing to keep the currency stable until the 19th Party Congress starting October 18.
Expected weakness in the yuan after the Congress would raise the cost of dollar-priced imports for China, which could dampen its demand for US feed commodities.
scmp.comKaren Yeung21 sept 2017Tras 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.
