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A Reuters poll found the yuan is expected to hold its recent gains against the dollar and edge higher over the coming year. Optimism about a US-China trade deal is offsetting worries about slowing Chinese growth.
Wells Fargo expects the end of Fed tightening to weaken the dollar.
A firmer yuan can support Chinese import demand for commodities priced in dollars. The poll points to a stable currency backdrop rather than a shock to feed markets.
在过去 362 次看跌的宏观事件之后,人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 -0.1%(42% 上涨;中间一半区间为 -0.4% 至 +0.1%),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。