Shanghai Stocks Tank AGAIN, Copper Slides, Nikkei Down

Some interesting action in Asia overnight.

The Nikkei, which had been up earlier, ended lower modestly.

Shanghai — which was last week’s big laggard, ended up falling pretty sharply, just over 1.5%.

And copper, which to some extent takes its cues from China, and still hasn’t been able to rally back like the US market has, , has had a really unimpressive morning.

Here’s a look at copper via CME:

chart

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