Pressure mounts on Beijing to allow renminbi to weaken

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.

• Apr 16, 2025Asia FX Talking: Pressure builds on the renminbi | articles | ING THINK-0.0%
• Oct 9, 2016Flash crash of pound piles pressure on already weak yuan | South China Morning Post+1.0%
• Dec 5, 2022Renminbi movements: it's more than the trade and current account - OMFIF-0.9%
• Jul 22, 2024China stocks drop after party meeting, yuan falls on rate cuts - The Pound Hub-0.3%
• May 11, 2022How PBOC might respond to China's weakening yuan+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.

• Jan 20, 2025A weakening yuan tests Beijing's resolve as Trump tariff threats loom+1.1%
• Sep 26, 2022China Lets Its Currency Weaken Past a Key Barrier and Tries to Manage the Fall-4.3%
• Nov 22, 2018Account of the monetary policy meeting+0.5%
• Aug 21, 2024Farmers look to Washington for inflation pressure relief - Marketplace+1.1%
• Jul 15, 2022Volatility in the markets again this week from WASDE report and inflationary pressures - Agweek | #1 source for agriculture news, farming, markets-11.9%