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Commerzbank says China's Q3 growth of 4.5% lacks clear drivers, with fixed-asset investment down 10%, and sees little need for major stimulus. It expects the yuan's gradual appreciation to continue, slowing to about 0.2% per month since June.
Weak domestic demand in China reduces feed demand growth expectations, and the slow yuan appreciation has minimal near-term price effect.
在过去 169 次中性的宏观事件之后,人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 +0.0%(50% 上涨;中间一半区间为 -0.3% 至 +0.2%),20 个交易日内为 -0.0%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。