
China's yuan climbed to its strongest levels since late 2016 despite a weak Caixin manufacturing PMI of 49.6 in May. The PBOC daily fixing moved to 6.8090 from 6.8633, as authorities reportedly tinkered with the fixing mechanism.
A stronger yuan reduces the renminbi's pressure on China's import costs and can affect Chinese demand for feed ingredients priced in dollars. The policy-driven move signals Beijing wants to limit depreciation, which can shape import buying sentiment.
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.