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Capital Economics expects the renminbi's recent period of calm to end and the currency to depreciate against the US dollar over the next few months. The note was sent to clients of its China service.
A weaker yuan would raise China's local-currency cost of dollar-priced feed imports, potentially dampening purchases of soybeans and meal and pressuring global 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。