Yuan Güçlü İhracatla Desteklenen Stabil Seyriyle Üçüncü Haftalık Kazanca Doğru İlerliyor

Kısaca

Yuan, 6,6907 dolardan işlem görüyor ve 6,6897 seviyesine kadar güç kazandı. PBOC, günlük orta noktayı 6,7220 olarak belirledi; bu, Şubat 2023’ten beri en güçlü müdahaledir. Rakamlar, ihracat gücünün yuanı desteklediğini gösteriyor; piyasalarda ABD politikası izlemesi belirleyici olacak.

Ana mesele

Çin yuanı, ihracattaki dirençli performansla dolar karşısında yatay seyretti ve üçüncü hafta kazanca hazırlanıyor.

Ne değişti?

İhracat güçlenmesi, yuan üzerinde istikrarı destekliyor ve ABD getirileriyle yönlendirmeler önemli görünüyor.

Beni nasıl etkiler?

FX piyasaları için küresel görünüm üzerinde belirleyici işaretler taşıyor.

Ne oldu?

Yuan, dolar karşısında sakin kaldı ve üç hafta üst üste kazanç için yol aldı.

Neden şimdi?

Tüketici ve yatırımcı güveni ile ihracatın güçlü performansı mevcut dinamikleri güçlendiriyor.

Neden önemli?

Küresel para politikası ve ticaret akışları üzerinde etkili olacak önemli bir göstergedir.

Kimler etkileniyor?

• Döviz yatırımcıları
• İhracat odaklı firmalar

Sektör ve piyasa etkisi

Döviz piyasaları üzerinde kısa vadeli baskı ve dalgalanma olasılığı

Riskler

• ABD getirilerinin yükselmesi senaryosunda yuan zayıflayabilir
• PBOC politika mesajlarının net olmaması volatiliteyi artırabilir

Takip edilmesi gerekenler

• ABD Fed konuşmaları ve faiz yolu yönlendirmeleri
• Çin üçüncü çeyrek büyüme verileri
• Çin ihracat verileri ve piyasa tepkisi

Haberin tamamı

China's yuan held steady against the US dollar on Friday and was on track for a third consecutive weekly gain, supported by resilient exports despite concerns over domestic economic growth and rising global bond yields, according to a report by Reuters.The onshore yuan was trading at 6.6907 per dollar in late-morning trade, little changed from Thursday's close.

It earlier strengthened to 6.6897, its strongest level since January 2023, the report stated.Also Read | Global Market Today: Asian stocks advance as selloff in chips easesBefore the market opened, the People's Bank of China (PBOC) set the yuan's daily midpoint at 6.7220 per dollar, the strongest fixing since February 2023.According to Reuters, strong export performance has supported the Chinese currency even as investors assess the outlook for the domestic economy and the direction of US monetary policy.Also Read | US stocks: Dow, S&P 500 end higher as traders shift from AI to healthcareChina's central bank governor said on Thursday that global economic imbalances could not be resolved through exchange rate adjustments alone, signalling Beijing's reluctance to allow a rapid appreciation of the yuan.The dollar index retreated from an 18-month low, with profit-taking and dovish remarks from a Federal Reserve official tempering its recent weakness, Nanhua Futures said in a note.US producer prices rose by the most in four-and-a-half years in September.

However, Nomura said the increase was insufficient to justify an interest rate hike by the Federal Reserve in October.Investors are expected to focus on Federal Reserve Chair Warsh's fireside chat during the International Monetary Fund and World Bank meetings in Bangkok for clues about the US monetary policy outlook.Market participants will also closely watch China's third-quarter gross domestic product data, scheduled for release on Monday.

A Reuters poll of economists showed that China's economic growth was expected to accelerate modestly to 4.4% year-on-year in the July-September quarter, recovering from a more than three-year low.Meanwhile, Krishna Srinivasan, director of the IMF's Asia and Pacific Department, urged China to provide a larger fiscal stimulus to support its struggling economy.Despite domestic challenges and mounting international trade pressures, China's export performance has remained resilient.

Pantheon Macroeconomics said Chinese exports had continued to advance despite higher tariffs, growing international pressure to rebalance trade, rising export prices and a steadily appreciating yuan, as per the report.Strong exports have helped underpin the currency, although the outlook will depend on incoming economic data, global financial conditions and Beijing's approach to managing the yuan's appreciation.(Disclaimer: This article is based on inputs from agencies.

These do not represent the views of The Economic Times)

Kaynaklar

• Economic Times - Markets