May was the worst month for markets that have bet on the China reopen theme - and this final week was particularly bad.

Weston Nakamura walks through various markets - from equities, to commodities, to fixed income, and of course, the yuan, and shows how each asset class is in agreement - the China reopen theme is dead. What's more, there is still room to the downside in many of these markets.

Weston also discusses how he is framing up trading a widely expected rate cut from the PBOC.

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Disclaimer: Nothing discussed on Market Depth should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.