An OMFIF commentary argues that the renminbi is substantially undervalued and that Chinese authorities should allow significant appreciation. It cites a large current account surplus, capital outflows and improving conditions, including progress in US-China trade talks and expected Fed rate cuts.
Renminbi appreciation would lower the cost of imports for China and could support Chinese demand for commodities, though this is a policy proposal rather than a decided move. Its direct price effect on feed markets is limited.
Setelah 362 peristiwa makro bearish sebelumnya, Yuan Tiongkok (CNY per USD) bergerak median -0,1% selama 5 sesi (42% lebih tinggi; separuh tengah -0,4% sampai +0,1%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.