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China's State Administration of Foreign Exchange reported a 10-year average return of 3.68% on its reserves for 2005 to 2014. Economists expect returns to stay near 3% and suggested China may keep increasing its gold holdings.
Reserve management and gold accumulation have little direct bearing on agricultural feed prices.
chinadaily.com.cnChen JiaJul 29, 2019After 991 past macro events, Chinese Yuan (CNY per USD) moved a median -0.0% over 5 sessions (49% higher; middle half -0.3% to +0.3%), and -0.1% over 20.
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.
