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China's central bank governor said monetary policy will stay flexible. Analysts noted that a yuan recovery after the trade deal could give policymakers room for further easing.
Looser Chinese monetary policy supports domestic demand for feed and meat, but the effect on feed commodity prices is indirect and modest.
reuters.comDec 4, 2018After 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.
