Beijing desperate to stem tide of capital outflow

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.

• Mar 2, 2017China struggles to plug its capital drain - Nikkei Asia+0.5%
• Apr 29, 2022Globalised yuan complicates Beijing's bid to stem capital flight+0.4%
• May 5, 2022US Fed rate hike: how can China stem capital outflow and prop up the yuan? | South China Morning Post+1.7%
• Feb 7, 2017USD/CNY to rise as China’s capital outflows intensifies: Strategist+0.3%
• Oct 30, 2018Yuan's slide to decade low puts China in tricky position - Nikkei Asia-0.5%

After 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.

• Apr 29, 2022Globalised yuan complicates Beijing's bid to stem capital flight-0.1%
• May 24, 2018Southeast Asia braces for emerging-market capital flight - Nikkei Asia+0.3%
• May 5, 2022US Fed rate hike: how can China stem capital outflow and prop up the yuan? | South China Morning Post+0.7%
• Jan 20, 2022Yen's lost decades: Japanese buying power sinks to near 50-year low - Nikkei Asia+0.4%
• Sep 26, 2023Yen weakens past 149 to dollar, nearing 1-year low - Nikkei Asia+0.8%