China's 2022 economic growth one of the worst on record, post-pandemic policy faces test

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 15, 2022Soy dives on China's economic uncertainty | Financial Post-10.8%
• Jul 22, 2024China cuts lending rates to boost economic growth following weaker Q2 GDP data-1.8%
• Aug 2, 2024China's stuttering recovery darkens global corporate growth outlook | Reuters-1.2%
• Dec 15, 2022U.S. soybean futures fall; corn, wheat firm with focus on economy | Reuters-0.1%
• Oct 9, 2018IMF cuts world economic growth forecasts on tariff war, emerging market strains+2.5%

After 301 past bearish macro events, Corn moved a median -0.1% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +0.2% over 20.

• Aug 15, 2022Soy dives on China's economic uncertainty | Financial Post-1.1%
• Jun 28, 2022Argentina's economic crisis whack-a-mole goes into overdrive | Reuters+4.0%
• Oct 9, 2018IMF cuts world economic growth forecasts on tariff war, emerging market strains+4.1%
• Jun 4, 20194 June 2019 | Minutes of the Monetary Policy Meeting of the Board | RBA-0.7%
• Apr 29, 2022Renminbi on course for steepest monthly fall as China’s economy slows-7.1%