Earnings Watch: More evidence of Chinese weakness?
In our latest assessment of the current corporate earnings season we take a look at three blue-chip bellwethers of the health of the Chinese economy.
Head of FX Strategy
Summary: The S&P 500's breach of its 200-day moving average means that we should all take notice, simply because the US market is the single largest market and always the basic proxy for risk appetite.
Note the 40-week (200-day equivalent on the weekly chart) going back even further and the degree to which this level often is in focus: