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The onshore yuan closed at 6.6925 against the US dollar at 16:30 on October 14, up 20 points from the previous trading day.

2026-10-14

The onshore yuan closed at 6.6925 against the US dollar at 16:30 on October 14, up 20 points from the previous trading day.

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2026-10-14

IMF Managing Director: High yields in advanced economies are spilling over into emerging markets.

IMF Managing Director: High yields in advanced economies are spilling over into emerging markets.
2026-10-14

Galaxy Securities says a super El Niño has formed and will inject a forward weather premium, supporting near-term strength in soybean meal, rapeseed meal, the three major vegetable oils and white sugar; corn, hogs and cotton are expected to trade sid

Galaxy Securities says a super El Niño has formed and will inject a forward weather premium, supporting near-term strength in soybean meal, rapeseed meal, the three major vegetable oils and white sugar; corn, hogs and cotton are expected to trade sideways. US soybean downside appears fully priced, which should lift import costs and reinforce soybean meal gains alongside temporary domestic supply tightness; rapeseed meal will track soybean meal. Oils receive three supports: weather premium, stronger crude boosting biodiesel demand, and higher bean-derived costs as US soybean weakness is exhausted. White sugar strength is driven by El Niño-triggered global output risk; raw sugar has firmed, domestic-international spreads narrowed, and Zhengzhou sugar is supported by rising import-cost parity. Corn faces a new-crop supply vs. state-procurement tug-of-war — monitor procurement timing and new-crop opening prices. Hog supply remains loose; a sustained rebound likely needs seasonal pickling/curing demand or concentrated second-cycle restocking to catalyze. Cotton faces new-crop pressure offset by procurement-cost floors; direction will depend on seed-cotton purchase prices, collection progress and whether peak-season orders materialize.
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