
U.S. stocks rose more than 1% on Tuesday after China's overnight intervention stabilized the yuan, which had slid to a more than decade low after the U.S. Treasury labeled Beijing a currency manipulator. China also set a slightly stronger fixing rate.
Comments from White House adviser Larry Kudlow about hosting a Chinese delegation in September eased fears of further trade-war escalation.
A firmer yuan and signs of renewed talks reduce the risk that currency moves become a new front in the U.S.-China trade war, which supports Chinese demand expectations for feed grains and meal. Lower tension also trims the risk premium on a broader trade-driven slowdown.
Na 362 eerdere neerwaarts macro-gebeurtenissen bewoog Chinese yuan (CNY per USD) zich mediaan -0,1% over 5 sessies (42% hoger; middelste helft -0,4% tot +0,1%), en -0,2% 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.