
The People's Bank of China set the yuan's daily central parity stronger than the previous close for a ninth straight trading day, after the yuan hit its lowest level against the dollar in eight months. The move followed Beijing's plan to impose a national security law on Hong Kong, which Washington said ends the city's autonomy from the mainland.
A firmer yuan fix lowers the cost of dollar-denominated imports for China, which supports demand for US and Brazilian feed ingredients priced in dollars. Continued state intervention limits near-term yuan weakness, but tensions could still reverse it.
Setelah 10 peristiwa geopolitik bearish sebelumnya, Yuan Tiongkok (CNY per USD) bergerak median -0,3% selama 5 sesi (40% lebih tinggi; separuh tengah -0,5% sampai +0,2%), dan -0,8% 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.