Shanghai Rallies While Markets Wait on the ECB

Markets were generally quiet in Asia, as they await the ECB rate decision and then the payroll figures tomorrow. Asia was mixed, but the scrutinized Shanghai index rallied back 4.79% after a tought few days. A nice boost for equity bulls and a potential indicator that risk appetite will be healthy today. However, USDJPY remains weak, briefly penetrating the 92.00 support, before rumors of...