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The yuan fell to its lowest level in nearly 15 years as investors sold Chinese assets following Xi Jinping's reshuffle of Communist Party leaders, which raised concerns about his tighter grip on power. Investors are reacting to political uncertainty as well as the economy.
A sharply weaker yuan raises the cost of dollar-priced feed imports for China and can dent its purchasing power for soybeans and corn. Political uncertainty also adds to doubts about Chinese feed demand.
cnn.comLaura He25 Okt 2022Setelah 398 peristiwa makro bullish sebelumnya, Yuan Tiongkok (CNY per USD) bergerak median +0,0% selama 5 sesi (56% lebih tinggi; separuh tengah -0,3% sampai +0,5%), 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.
