by Chris Becker
Eloquently put by the chaps at Forexlive, but the Shanghai Composite – down over 4% at the open – is now in positive territory after the lunch break!
Nothing suss. (That’s an Australian saying for ‘nothing suspicious’).
There is still the afternoon session to come, and after that China is closed until Monday for a long weekend to commemorate WW2. I can’t imagine Chinese authorities will allow stocks to fall into negative ahead of the celebrations.
No selling into the hole today, it was open … up!