China sets a cautious growth target

The annual National People’s Congress in China got underway yesterday and China has set a cautious growth target of “around 5%” for this year. With expectations now that demand may be softer than had been expected, iron ore, copper and oil prices all fell on this news. Eyes will stay on Beijing this week but investors will also be watching out for several economic data releases, including US non-farm payrolls figures due on Friday, and interest rate decisions including the last from the Bank of Japan under the current governor Kuroda. Mensur Pocinci, Head of Technical Analysis, provides his latest thoughts from a technical perspective.00:14 Introduction and markets wrap-up by Helen Freer (Investment Writing)03:43 Markets from a technical view by Mensur Pocinci (Head of Technical Analysis)06:01 Closing remarks by Helen Freer (Investment Writing)