By Chris Becker
So is risk back on as Trump signs deals with the Saudis, who look set to extend supply cuts to bolster oil prices? Perhaps, with US stocks rallying and Treasury yields rising as political turmoil stays off the US airwaves a little longer.
Yesterday in China the Shanghai Composite had a bad start to the week, falling going into the close and down nearly 0.5% to 3075 points, still unable to climb back above its once critical support level at 3100. This is a consolidation period now where price remains stuck between the high and low moving average bands, which will provide the trigger for a break either side, but the bias remains down:
