
The yuan eased against the dollar on Monday as investors awaited details of a Chinese government stimulus and the outcome of US Secretary of State Blinken's Beijing visit. The PBOC set its midpoint fix at 7.1201, while onshore spot weakened to 7.1486 by midday.
Uncertainty over stimulus scale and US-China relations keeps yuan volatility elevated, which affects Chinese buying power for imported commodities. The impact on feed prices is indirect.
과거 상승 거시 이벤트 398건 이후, 중국 위안 (USD당 CNY)은 5거래일 동안 중앙값 +0.0% 변동(상승 56%; 중간 50% 범위 -0.3%~+0.5%), 20거래일 동안 +0.0%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
The yuan was already easing on 19 June while investors waited for stimulus details, and that set up the weaker starting level and the sentiment behind the 20 June move.