불러오는 중…
The Fed raised rates 50 basis points to a 0.75 to 1 percent target range, its sharpest hike in over two decades, with more tightening expected. Analysts warn capital will flow back to the US and pressure the yuan, while the PBOC kept its policy rate unchanged and lifted the yuan midpoint.
Capital outflows and yuan depreciation weigh on Chinese feed demand purchasing power, and a firmer dollar tends to pressure dollar-priced grain and meal values.
scmp.comFrank Tang2022. 5. 5.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%.
과거 상승 거시 이벤트 2,356건 이후, 미국 달러 (광의 지수)은 5거래일 동안 중앙값 +0.2% 변동(상승 60%; 중간 50% 범위 -0.3%~+0.7%), 20거래일 동안 +0.4%.
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 Fed's 50bp hike on May 4 and signals of further tightening widened the policy divergence with the PBOC, pushing capital toward USD assets and weakening CNY.
The Fed's 50bp hike and expectations of more tightening widen policy divergence with the PBOC, driving capital outflow and dollar strength that pressure the yuan.
The Fed's 50bp hike and expected further tightening widen the rate differential and encourage capital outflows, which pressure the yuan, though it predates the move by a few days.
