By Chris Becker
Impatience and uncertainty are creeping into markets with a volatile reaction to Trump’s NAFTA and government shutdown statements over is ridiculous Mexican wall last night. US stock markets retreated alongside the USD as a result, with bond yields falling even as rating agencies scratched their heads on the inability of the Republican congress to address the mounting debt ceiling concerns.
Yesterday the Shanghai Composite again put in a scratch session, only up a few points higher at 3292 as key resistance at 3300 points seems to be just out of reach. Likely another another attempt today as momentum remains positive:
