By Chris Becker
Last night saw the monthly meeting of the ECB where nothing happened, but super Mario Draghi adapted a dovish tone in the press conference thereafter. The Euro fell on the language over half a cent against USD but this was recovered by the end of what was another timid session before the Orange Ogre steps up to backfill the swamp in Washington today.
First to Asia yesterday where the Shanghai Composite fell 0.4%, closing right on terminal support at 3100 points, which needs to hold more now than ever, or we’re going straight back to 3000: