# Australian dollar, China’s yuan rise after Trump’s bullishness on trade | Amwal Al Ghad

> The offshore yuan and Australian dollar recovered on Tuesday after President Trump said he expected trade talks with China to succeed and planned to meet Xi Jinping at the G20 summit. The rebound followed a sharp yuan drop on Monday after China announced higher tariffs on $60 billion of US goods.

- Date: 2019-05-14 · published 2019-05-14T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/8445-australian-dollar-china-s-yuan-rise-after-trump-s-bullishness-on-trade-amwal-al
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Signs of a possible US-China deal reduce the risk of lost Chinese demand for US soybeans and corn, which supports feed grain prices, though analysts note the market may be overreacting to Trump's comments.

## Read by commodity

- SOY: neutral
- CORN: neutral
- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-10-18 | [After trade talks in U.S., China ramps up Brazilian soy purchases](https://feedsoft.ai/events/56428-after-trade-talks-in-u-s-china-ramps-up-brazilian-soy-purchases.md) | +0.2% | -3.4% |
| SOY | 2018-01-26 | [Dollar's terrible week warning of what could with Trump's on trade](https://feedsoft.ai/events/10405-dollar-s-terrible-week-warning-of-what-could-with-trump-s-on-trade.md) | -0.7% | +4.4% |
| SOY | 2026-06-18 | [China's African tariff removals, trade surge spur yuan adoption \| Reuters](https://feedsoft.ai/events/8412-china-s-african-tariff-removals-trade-surge-spur-yuan-adoption-reuters.md) | -0.4% | +6.4% |
| SOY | 2025-10-31 | [Analysis: China’s Xi has the advantage after his trade meeting with Trump \| CNN](https://feedsoft.ai/events/14631-analysis-china-s-xi-has-the-advantage-after-his-trade-meeting-with-trump-cnn.md) | +0.0% | +4.3% |
| SOY | 2025-11-03 | [Chinese buyers purchase Brazilian soybeans as prices ease over US-China trade thaw \| Reuters](https://feedsoft.ai/events/12245-chinese-buyers-purchase-brazilian-soybeans-as-prices-ease-over-us-china-trade.md) | +0.2% | +2.6% |
| CORN | 2018-01-26 | [Dollar's terrible week warning of what could with Trump's on trade](https://feedsoft.ai/events/10405-dollar-s-terrible-week-warning-of-what-could-with-trump-s-on-trade.md) | +0.3% | +1.2% |
| CORN | 2026-06-18 | [China's African tariff removals, trade surge spur yuan adoption \| Reuters](https://feedsoft.ai/events/8412-china-s-african-tariff-removals-trade-surge-spur-yuan-adoption-reuters.md) | -1.2% | +0.1% |
| CORN | 2017-08-04 | [Trump delay on China trade action good news for agriculture](https://feedsoft.ai/events/69324-trump-delay-on-china-trade-action-good-news-for-agriculture.md) | -1.9% | -5.5% |

## Sources

- en.amwalalghad.com: https://en.amwalalghad.com/australian-dollar-chinas-yuan-rise-after-trumps-bullishness-on-trade/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.