
U.S. stocks rose more than 1% on Tuesday after China's overnight intervention stabilized the yuan, which had slid to a more than decade low after the U.S. Treasury labeled Beijing a currency manipulator. China also set a slightly stronger fixing rate.
Comments from White House adviser Larry Kudlow about hosting a Chinese delegation in September eased fears of further trade-war escalation.
A firmer yuan and signs of renewed talks reduce the risk that currency moves become a new front in the U.S.-China trade war, which supports Chinese demand expectations for feed grains and meal. Lower tension also trims the risk premium on a broader trade-driven slowdown.
Tras 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.