The People's Bank of China kept its one-year and five-year loan prime rates unchanged at 3.65% and 4.30% for the fourth straight month. The yuan nudged higher against the dollar after trading lower early in the session.
Analysts expect future LPR cuts to be modest and targeted at real estate.
Steady Chinese lending rates signal no near-term stimulus surge, which limits the boost to Chinese industrial and feed demand. The yuan's small move has little direct effect on feed 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.