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The People's Bank of China set the yuan's daily central parity stronger than the previous close for a ninth straight trading day, after the yuan hit its lowest level against the dollar in eight months. The move followed Beijing's plan to impose a national security law on Hong Kong, which Washington said ends the city's autonomy from the mainland.
A firmer yuan fix lowers the cost of dollar-denominated imports for China, which supports demand for US and Brazilian feed ingredients priced in dollars. Continued state intervention limits near-term yuan weakness, but tensions could still reverse it.
scmp.comCissy Zhou29 mei 2020Na 10 eerdere neerwaarts geopolitiek-gebeurtenissen bewoog Chinese yuan (CNY per USD) zich mediaan -0,3% over 5 sessies (40% hoger; middelste helft -0,5% tot +0,2%), en -0,8% 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.
