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Podcast – China’s yuan is not showing much optimism despite positive performances in Chinese equities and RBA looms

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OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss the current rebound seen in China’s stock market and its proxies, Hong Kong’s Hang Seng benchmark stock indices triggered by last Friday’s positive news flow on indebted Country Garden, a major Chinese property developer that managed to negotiate with its creditors an extension for its onshore bond payments due this week. In addition, key technical levels to watch on the AUD/USD ahead of  RBA’s monetary policy meeting.

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Kelvin Wong

Kelvin Wong

Senior Market Analyst, OANDA at OANDA
Based in Singapore, Kelvin Wong is a well-established senior global macro strategist with over 15 years of experience trading and providing market research on foreign exchange, stock markets, and commodities. Passionate about connecting the dots in the financial markets and sharing perspectives around trading and investment, Kelvin Wong is an expert in using a unique combination of fundamental and technical analyses, specializing in Elliott Wave and fund flow positioning, to pinpoint key reversal levels in the financial markets. In addition, over the last ten years, Kelvin has conducted numerous market outlook and trading-related seminars, as well as technical analysis training courses, for thousands of retail traders.
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