By Chris Becker
US stocks make another new record high in the wake of the release of the Fed Minutes, with the USD rising against Yen and Euro. The ISM manufacturing print for December came in stronger than expected while European markets advanced after the New Year hiccup over new financial regulations that just kicked in.
Recapping action in Asia yesterday where in mainland China the Shanghai Composite continued its advance on the starting block for 2018, rising 0.6% to be at 3369 points. This is a definitive breakout so we’re likely to see a run up to 3400 swiftly: