
The yuan fell to its lowest level in nearly 15 years as investors sold Chinese assets following Xi Jinping's reshuffle of Communist Party leaders, which raised concerns about his tighter grip on power. Investors are reacting to political uncertainty as well as the economy.
A sharply weaker yuan raises the cost of dollar-priced feed imports for China and can dent its purchasing power for soybeans and corn. Political uncertainty also adds to doubts about Chinese feed demand.
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.
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.