Memuat…
The yuan strengthened sharply on July 25 after it had weakened to its lowest level since November the previous day. The move came after a series of Chinese easing measures that failed to lift confidence in domestic markets.
The author expects little scope for a yuan rebound until next year.
A firmer yuan lowers the cost of dollar-priced imports for China, which can support buying of feed commodities. Continued weakness in Chinese stocks and confidence could still limit demand growth.
thepoundhub.comAlan25 Jul 2024Setelah 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.
