
The People's Bank of China cut its one-year loan prime rate to 4.05% from 4.15% and its five-year rate to 4.75% from 4.80%, as widely expected. The yuan and Australian dollar slid after the decision, with AUD/USD hitting fresh lows near 0.6652.
Lower Chinese borrowing costs aim to support demand from firms hit by the outbreak, which is supportive for Australian commodity exports. A weaker Australian dollar can make Australian grain and feed exports more competitive.
Setelah 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.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.