◂ Gebeurtenissenverloop

21 okt 2024MACROChina

China’s yuan steady after LPR cuts, eyes on US election - Markets

China's yuan was steady after the central bank cut one- and five-year loan prime rates by 25 basis points each. Market participants expected yuan strength to be capped until US election results are known, with the yuan down 1.2% in October.

WAAROM HET ER TOE DOET

Rate cuts and a softer yuan reflect easing policy and weaker purchasing power for Chinese importers, which can modestly weigh on demand for US feed grains.

BETREFTChinese yuan (CNY per USD)▲

BRON
brecorder.comReuters21 okt 2024

Koersreactie & historie

Chinese yuan (CNY per USD)▲opwaartsTOT NU TOE1d +0,2%5d +0,3%20d +1,9%

Na 398 eerdere opwaarts macro-gebeurtenissen bewoog Chinese yuan (CNY per USD) zich mediaan +0,0% over 5 sessies (56% hoger; middelste helft -0,3% tot +0,5%), en +0,0% over 20.

31 okt 2024China’s yuan eases ahead of US election, shrugs off strong PMI - Markets - Business Recorder+0,8%
18 okt 2021Yuan slips after China's Q3 GDP slower than expected - Markets - Business Recorder-0,8%
19 apr 2023China’s yuan softens ahead of key lending rate moves - Markets - Business Recorder+0,8%
16 nov 2023China’s yuan weakens on persistent property sector woes - Markets - Business Recorder-1,3%
31 jan 2024China’s yuan eases after PMI, dragged by falling bond yields - Markets - Business Recorder+0,2%

Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.

Chinese yuan (CNY per USD) USDCNY · GP ▸

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