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The yuan fell past the 7-per-dollar level and hit a six-month low after surprise Chinese rate cuts. China's post-pandemic recovery is faltering amid weak domestic and foreign demand.
The gap between China and US 10-year yields is at its widest since November.
Yield gaps and a weaker yuan make dollar-priced imports more expensive for China, a key feed and oilseed buyer, which can weigh on import demand and prices.
在过去 398 次看涨的宏观事件之后,人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 +0.0%(56% 上涨;中间一半区间为 -0.3% 至 +0.5%),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。