
ING revised its USD/CNY forecast to 7.0 by the end of 2018, citing new policies that open Chinese markets to foreign investment in sectors including agriculture and those hit by tariffs. ING also reported that China plans to restrict offshore dollar bond issuance to tenors of at least 365 days.
ING sees these steps as signals that authorities are increasingly prepared for a weaker yuan.
A weaker yuan forecast raises the dollar cost of US farm imports for China, which can reduce purchasing of soybeans and feed ingredients. Opening agriculture to foreign investment could over time affect China's domestic feed supply and import needs.
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。