
China's yuan jumped to a more than two-week high against a weakening dollar after the Federal Reserve delivered a 25 basis point hike and Powell said disinflation had started. The PBOC set its midpoint at 6.7130, the strongest since July, and the onshore spot rate strengthened to about 6.71.
A firmer yuan lowers the local cost of dollar-priced imports, which can modestly support Chinese feed buying, while a softer dollar eases pressure on commodity prices.
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.