
A Conference Board analysis argues that the renminbi's depreciation since late 2015 is a market-driven but government-guided correction after a period of strong appreciation. It notes the RMB weakened 6.8% against the dollar between August 2015 and May 2016, while FX reserves fell by USD 460 billion.
Continued managed depreciation of the yuan signals ongoing pressure on Chinese import purchasing power, which is a modest headwind for dollar-priced agricultural commodities.
Setelah 398 peristiwa makro bullish sebelumnya, Yuan Tiongkok (CNY per USD) bergerak median +0,0% selama 5 sesi (56% lebih tinggi; separuh tengah -0,3% sampai +0,5%), dan +0,0% 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.