European Stocks Push Lower as Banks Decline

The video discusses the current market trends, highlighting the performance of the DAX index in Germany, which has seen a significant rally since July. It also covers the impact of Brexit on the British pound, noting the currency's fluctuations in response to political events and statements by Prime Minister Theresa May. Additionally, the video examines China's economic situation, focusing on the yuan's depreciation and the decline in forex reserves, which remain above the critical $3 trillion mark.

What does the chart mentioned in the text indicate about the DAX's valuation?

What was the impact of Brexit on the pound according to the text?