
China's yuan has had its worst month on record amid investor money leaving the country. Concerns over rising COVID lockdowns in major cities, along with fallout from Russia's invasion of Ukraine, are driving the outflows.
A weaker yuan raises the cost of imported feed inputs priced in dollars for Chinese buyers, while cutting demand for overseas products priced in dollars. A falling yuan therefore tends to lift USD/CNY and weigh on China's feed import demand.
Tras 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.