Stocks, currencies fall after Fed's Yellen signals rate hikes

After 398 past bullish macro events, USDCNY moved a median +0.0% over 5 sessions (56% higher; middle half -0.3% to +0.5%), and +0.0% over 20.

• Jul 28, 2021Asian currencies: Chinese yuan, Hong Kong dollar weaken as China stocks fall-0.6%
• Jul 22, 2024China stocks drop after party meeting, yuan falls on rate cuts - The Pound Hub-0.3%
• Sep 28, 2022China's yuan slides to 14-year low after US rate hikes | AP News-0.9%
• Oct 8, 2024China’s yuan falls against strong dollar, stocks surge after holiday+1.4%
• Jul 30, 2018China's falling yuan stokes currency tensions+0.3%

After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Jan 19, 2017S.Korean won falls as Yellen signals rate hike; stocks edge up | Reuters-0.4%
• May 4, 2022Stocks rally after Fed hikes rates, crude jumps+0.9%
• Dec 14, 2016U.S. bond yields, dollar gain, stocks fall after Fed rate hike+1.6%
• Jan 27, 2022Stocks shed gains, Treasury yields jump as Fed signals rate hikes could come 'soon'+0.1%
• Jan 19, 2017Gold under pressure as Fed's Yellen backs gradual rate hikes | Reuters-0.4%