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The People's Bank of China conducted an unscheduled medium-term lending facility operation at steeply lower rates, its second surprise move that week. The operation followed the benchmark rate cuts announced on Monday.
The central bank appears to be increasing monetary stimulus to support the economy.
Additional liquidity support signals Beijing's intent to stabilize growth, which could eventually support Chinese feed and livestock demand. The effect on feed prices is indirect and depends on whether demand recovers.
reuters.com25 jul 2024Na 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.
