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China's yuan edged lower against the dollar on a weaker central bank fixing but stayed near a multi-year high against a basket of currencies. Foreign investors reduced holdings of Chinese sovereign debt in March for the first monthly drop in over two years.
Small currency moves with limited direct impact on feed commodity prices; the reduced foreign bond demand is a financial-market signal rather than a supply or demand driver for grains.
brecorder.comReutersApr 8, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
