by Chris Becker
Last week saw stock markets around the world try to clawback some gains amid the bear market downtrend as the US dollar stabilised and commodities remained volatile, particularly oil but also copper and of course iron ore. Friday night saw the US CPI print for January come in a little higher than expected, which gives the Fed more ammunition to continue its interest rate rise agenda.
Starting with the Shanghai Composite, let’s take a longer term view of markets, where the main Chinese bourse is still trying to find another bottom as its massive bubble deflates.Although it was up over 3% for the week – this is just a pause:
