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China unexpectedly cut its seven-day reverse repo rate and benchmark loan prime rates to support growth. The one-year LPR fell to 3.35% and the five-year LPR to 3.85%.
The move followed weaker-than-expected second-quarter GDP, which grew 0.7% quarter on quarter.
Weak Chinese growth and easing signal softer demand for imported feed grains and meal, which is bearish for those markets. A weaker yuan also raises the local-currency cost of imports, which can slow buying.
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 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。