
The yuan inched higher against the dollar on July 15 as the dollar softened globally, but gains were capped by China's weaker-than-expected second-quarter GDP growth. The PBOC set a midpoint at a one-week high, and traders awaited clarity on a cut to banks' reserve requirement ratio.
Weaker-than-expected growth and possible monetary easing can affect Chinese feed demand from livestock producers. The currency move itself is small and has little direct effect on grain 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.