
Chinese officials and experts said the foreign exchange market should stay steady in the second half of 2023 as supportive economic policies take effect. They argued that recent rate cuts are more likely to support the yuan over the medium term than weaken it.
Official signals of yuan stability reduce near-term currency-driven swings in Chinese import costs. The effect on feed commodity prices 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.