◂ Gebeurtenissenverloop

19 apr 2023MACROChina

China’s yuan softens ahead of key lending rate moves - Markets

The yuan weakened on Wednesday in subdued trade ahead of the loan prime rate decision on April 20. Benchmark lending rates had been unchanged for seven months, and strong Q1 GDP and March retail sales reduced the chance of near-term rate cuts.

WAAROM HET ER TOE DOET

Expectations of no near-term Chinese rate cuts limit stimulus-driven demand for feed and commodities. The currency move itself is minor for grain prices.

BETREFTChinese yuan (CNY per USD)▲

BRON
brecorder.comReuters19 apr 2023

Koersreactie & historie

Chinese yuan (CNY per USD)▲opwaartsTOT NU TOE1d +0,1%5d +0,8%20d +1,4%

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%
21 okt 2024China’s yuan steady after LPR cuts, eyes on US election - Markets - Business Recorder+0,3%
28 apr 2023China’s yuan rebounds, but looks set for a losing month - Markets - Business Recorder-0,2%
8 jun 2022China’s yuan eases amid concerns of increasing policy divergence - Markets - Business Recorder+1,1%
16 nov 2023China’s yuan weakens on persistent property sector woes - Markets - Business Recorder-1,3%

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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