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The BBC looks at how the Federal Reserve's December 2016 rate increase affects Asian economies. Most Asian currencies have weakened against the dollar as capital flows out of the region, and China's yuan is under particular pressure.
A weaker yuan and other Asian currencies raise the local cost of dollar-priced feed imports, which can cut Chinese and regional buying and pressure prices.
bbc.comKarishma VaswaniDec 15, 2016After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
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.
