 Hi, good morning and welcome to today's products and focus. So we had a little bit of a late sell-off there in the US markets As more economic data coming out of the Eurozone was was it was a little bit flat and obviously ongoing issues with with China and Everything else. So a lot of volatility yesterday. We were a higher cap of the 21 period SMA Well of the session those kind of a doji formation But already this morning we began to to move a little bit on the downside as well I'm looking at some of the FX periods You can see the dollar is losing a little bit of momentum as well against the the sterling Euro and the Japanese yen We had the Fed member flock art last night saying that people should concentrate on the strength of the US economy and stop worrying so much about China But I think people are just a little bit apprehensive so many Different struggles going on right now in different parts of the world That's having a bit of a knock-on effect. It's worth noting as well that News on that a lot of news wires is mooring in relation to Brazil the world's seventh biggest economy Their currency is a slump the lowest ever Against the US dollar as they're fighting big corruption probes everything else and when you consider what's happening with Volkswagen loads of car Manufacturers also getting hurt and looking Japan 2 to 5. It's also a little bit lower Obviously big exposure to to the industry over in Japan as many other firms out there are now scrambling to get a handle on what other Areas that might be exposed to because if it was a VW it might be other firms as well But a lot of other global car firms are already down Though obviously not as far down as Volkswagen had a bit of 5% bounce yesterday, but still down Pretty much 30% from the height of that Scandal that that came out earlier on this week. So that's where we are with the US 13 Moving on to the UK 100 Actually a much better Chart than the US 30 had yesterday. We actually quite a strong reversal higher But you can see that it got capped by that potential resistance at 6073 in fact to hit bang on then to Stop shine and we're a little bit in the lower side right now Commodity prices some of them are ticking up You've got gold probably more safe haven buying than anything else That's moving the right direction for us crude has reversed course even though inventories were better than were lower than what was expected global growth concerns still impacting that but 6073 will be the impact. I'll be the potential resistance on the UK 100 and Obviously it's got quite a big UK 100's got quite a big exposure to oil and miners as well So there must be a little bit of a rebound and copper prices as well. So having a look there at Japan 225 17,500 is potential support we bounce off there a number of times before we might get back down there again I almost got a negative cross on the MACD So having looked then at dollar yen Dullion I just actually pretty much doing nothing just oscillating around that 21 period SMA I'm not gonna waste that much time on there Looking at West Texas crude, you can see the the negative bearish engulfing pattern we had yesterday as I said the inventory data was lower than expected, which should have been crude positive But there's a much bigger supply of gasoline distillate storage in the US as well and just the general Maldese round China slow down You know, we had the PMI yesterday, which was worse than expected So $42 the next potential support with 45 85 still being potential resistance So even as flock hearts come out a fed member flock heart saying, oh, you know, strength to use economies fantastic blah blah It's not really kind of dampening the spirits of gold or people's expectations at a December rate hike Probably just isn't gonna happen Especially when you've got the world economy in the toilet the way that it is right now 1137 is potential resistance. We're pretty much on there just now But it's probably the tips of these candles here. You're probably a little bit higher 1140 This potential support was all the way back Slash resistance as all the way back in November And we're at the top end of our range this morning on the day charge We're literally Freaking fresh ground as we're looking at this chart. So gold could be interesting today And we do have us durable goods to consider unemployment claims. We've already had some German IFO data So we've had the the CCI come on a little bit worse than expected You would thought that would pressure the euro a little bit, but the dollar seems to be in the weakening at 9 a.m. UK time We've still got businesses expectations index to come out of Germany. So looking at your dollar. We had a modest bounce of one spot 11 Nothing really has changed here though. We're trading in between the two moving averages other technicals are relatively flat We'll see how things go with that that German data and durable goods and the employment data if you're your dollar trader That's worth checking out Cable has not been having that much love. You can see it's just been getting smashed the last couple days. It's not so good One spot 51 85 is a potential support. We're getting quite close to there now We're in positive territory right now, but enter a day charts. It looks anemic Negative cost over there on the Mac D And but yeah, I think a lot people just waiting for 151 85 to decide what to do next So this is the data that's due out today fast forward tomorrow I think tomorrow we've actually got a speech by Janet Yellen as well Which is as worth being aware of but because us GDP at 130 and that's going to be a big one to To think about so guys as ever keep you on the chart forum Megan says probably going forward and join me again tomorrow to find out what happened next