
The renminbi is on track for its steepest monthly fall on record, down about 4.2% in April to roughly 6.6 per dollar. The sell-off intensified after President Xi announced an 'all out' infrastructure spending package to offset damage from Shanghai and other lockdowns.
Foreign investors are dumping Chinese assets as the Fed prepares rate hikes.
A weaker yuan and capital outflows signal weak Chinese demand for imported feed ingredients and make dollar-priced commodities more expensive for Chinese buyers. Stimulus could eventually support hog and feed demand, but near-term price pressure on feed imports is likely bearish.
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%。
在过去 273 次看跌的宏观事件之后,大豆 在 5 个交易日内中位数变动 -0.4%(44% 上涨;中间一半区间为 -2.4% 至 +1.4%),20 个交易日内为 -0.5%。
在过去 301 次看跌的宏观事件之后,玉米 在 5 个交易日内中位数变动 -0.1%(47% 上涨;中间一半区间为 -2.2% 至 +1.3%),20 个交易日内为 +0.2%。
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。