How the US election could impact China's markets

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

• Oct 21, 2024China’s yuan steady after LPR cuts, eyes on US election - Markets - Business Recorder+0.3%
• Oct 31, 2024China’s yuan eases ahead of US election, shrugs off strong PMI - Markets - Business Recorder+0.8%
• Jun 27, 2016How China’s yuan could be the currency whipping boy of Brexit - MarketWatch+0.6%
• Aug 25, 2022Inflation-hit world cheers China’s falling yuan | Reuters+0.5%
• Jun 2, 2022China’s yuan eases as investors expect higher cash injection in June - Markets - Business Recorder-0.0%

After 273 past bearish macro events, Soybeans moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.4%), and -0.5% over 20.

• Aug 25, 2022Inflation-hit world cheers China’s falling yuan | Reuters-3.4%
• Aug 29, 2016Fed impact on markets still in play-2.2%
• Jun 22, 2021Why a hawkish US Fed is reverberating around markets | The National-4.1%
• Jul 10, 2024Chinese yuan hits eight-month low with missed inflation data and US dollar rebound - VT Markets-6.1%
• Jul 12, 2024How bad is the Chinese economy?-3.9%