China’s central bank cut its policy rate by 0.1% as data highlighting its economic travails was released. Chinese bond yields and the offshore yuan fell. Asian stocks fell and the US dollar rose as investors reacted to the news. Mensur Pocinci, our Head of Technical Analysis, shares his thoughts on the markets from a technical standpoint.
00:09 Introduction & Markets Wrap by Alexander Petersen (Investment Writing)
03:00 Technical analysis update by Mensur Pocinci (Head of Technical Analysis)
04:58 Closing remarks by Alexander Petersen (Investment Writing)