By Chris Becker
As Trump’s first 100 days descend into chaos, risk markets overnight were mixed as poor US economic data and ECB machinations overshadowed some solid corporate earnings from US tech heavyweights. US stocks eventually finished higher but European markets were in the red as the ECB signalled inflation was “tepid”.
Yesterday in China, the Shanghai Composite had a mildly positive session, closing up 0.3% to 3140 points, respecting the next level of crucial support at 3100. The sharp retracement back down to previous support at 3100 is decelerating quickly, possibly on intervention -watch closely:
