By Chris Becker
Markets remain unsettled as we start another week amid the chaotic mess that is the Trump administration with US stocks largely unchanged while European bourses retreated on the pricing in of the upcoming Brexit trigger. Commodities remain volatile especially copper and oil while iron ore heads south, all posing headwinds for Australian shares on the open today.
Looking at what happened locally yesterday first, the Shanghai Composite closed in the red, but barely, only down a few points to 3266 points still floating above local support at the 3200 level. This has been a lacklustre meltup and the upside target is far too minor to worry about a long position here just yet:
