China’s central bank is stuck in a policy dilemma

Dopo 398 eventi macro rialzista passati, Yuan cinese (CNY per USD) si è mosso in mediana di +0,0% in 5 sedute (56% in rialzo; metà centrale da -0,3% a +0,5%), e di +0,0% in 20.

• 5 ago 2019China's central bank denies devaluation is to counter tariffs+1,8%
• 24 gen 2024Instant view: China central bank acts to support markets, economy+0,0%
• 28 giu 2024China’s central bank puts the yuan’s exchange-rate swings in crosshairs | South China Morning Post-0,0%
• 11 gen 2018One way or another: China's yuan policy tweak a warning shot in old battle-1,4%
• 25 lug 2024China central bank surprises by lending again at lower rates | Reuters-0,6%

Dopo 273 eventi macro ribassista passati, Soia si è mosso in mediana di -0,4% in 5 sedute (44% in rialzo; metà centrale da -2,4% a +1,4%), e di -0,5% in 20.

• 23 mag 2024China Allows Yuan to Drop as Outflows, Dollar Test Central Bank’s Grip - Caixin Global-2,9%
• 11 giu 2019Why ‘cracking seven’ is a big deal for China’s currency+6,3%
• 9 giu 2019China Central Banker Says No Specific Yuan Level Important - Bloomberg+4,7%
• 30 ago 2018Macroscope | China’s yuan sinks, but neither its central bank nor investors are showing signs of panic | South China Morning Post+0,4%
• 4 mar 2020Brazil central bank to intervene in FX swaps market on Thursday-2,2%