This technical analysis video discusses the effect of latest Chinese data on the Chinese currency and how US indices are reacting to the corporate earnings season.
  • Chinese renminbi continues to weaken as authorities attempt to stimulate growth
  • Dow Jones and NASDAQ trading at key levels with significant earnings reports coming up this week
  • Russell 2000 is trading exactly on its 200DMA support after trading well above it for some time
Michael Hewson’s analysis also looks at the S&P 500, the FTSE 100 and the DAX 30, as well as EUR/JPY, EUR/GBP and commodities such as coffee, soybean, wheat and sugar.
  Video content by Michael Hewson of CMC Markets.