
China's onshore yuan rose to nearly a two-month high against the dollar, aided by the central bank's guidance and improved sentiment. Support came from property-sector measures and the easing of some COVID-19 restrictions.
A stronger yuan and better sentiment on China's economy modestly support import demand and the outlook for commodity purchases.
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.
On Nov 14 the onshore yuan hit a near two-month high, helped by central bank guidance, property support and COVID easing, directly matching the move day.
Onshore yuan reached near two-month high on PBOC guidance, property support and COVID easing, extending the move to the end of the window.