OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss the current state of China’s economy in the light of positive performance seen today, 28 August on the benchmark CSI 300 and Hang Seng stock indices triggered by a 50% reduction in stock trading levy announced on Sunday, its first cut since 2008 Great Financial Crisis. In contrast, China property developers’ debt woes still persist as the share price of  China Evergrande plunged by 79% on Monday, their first trading day following a suspension of more than 17 months.

Next up, key technical levels on the EUR/USD are highlighted for this week as we await for the release of key US inflation (PCE) and jobs (NFP) data.

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