
The People's Bank of China conducted an unscheduled medium-term lending facility operation at steeply lower rates, its second surprise move that week. The operation followed the benchmark rate cuts announced on Monday.
The central bank appears to be increasing monetary stimulus to support the economy.
Additional liquidity support signals Beijing's intent to stabilize growth, which could eventually support Chinese feed and livestock demand. The effect on feed prices is indirect and depends on whether demand recovers.
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.
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.