
The offshore yuan rose at its fastest pace against the dollar in a year, with the dollar falling as low as 6.8071 yuan in offshore trade. The People's Bank of China lowered its yuan midpoint to 6.9307, and new capital-control rules were introduced that tighten scrutiny of large cash transactions and foreign-currency purchases.
Stronger yuan and tighter capital controls can support Chinese import purchasing power while reducing capital outflow pressure. The effect on feed commodity prices is likely small.
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.