
The yuan dipped to a more than three-week low against the dollar before rebounding as China's April manufacturing data showed a second straight month of expansion. The PBOC set a weaker-than-expected fixing, and the Fed signaled it was not rushing to cut rates.
Mainland markets were closed for the Labor Day holiday.
Stronger Chinese factory activity supports import demand for feed inputs, but the yuan move itself was small and range-bound. The firm dollar on Fed signals is a minor headwind for dollar-priced commodities.
Setelah 169 peristiwa makro netral sebelumnya, Yuan Tiongkok (CNY per USD) bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -0,3% sampai +0,2%), 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.