 Wow, what a reversal in the markets yesterday. There was the Fed member, one of the FOMC members of the Federal Reserve Parainat saying that the cost of an economy which is overheating is not as high as an economy which has been slowed down too soon. So she has made some dovish tones and some dovish statements yesterday on markets relaxed and priced out any probabilities any serious probabilities for a September 8 hike. We see that there was a sharp reversal in the Dow Jones industrial which has lost a lot of several hundred points on Friday. Now it has regained most of that already again. There was a double top foaming in the Dow Jones of industrials, a technical double top target of which has almost been reached yesterday with the lows that have been made in pre-market trading. So well, technicals speak for themselves. The bearish scenario, the double top has been defused. There has been a sharp reversal after they hit the target and now everybody asks which rate hike. So for September nobody really expects that there will be a rate hike by the Federal Reserve. Now there is a quiet period until the 20th and 21st of September. So next week we will hear the next statements from Janet Yellen and this will be, if she doesn't act, if she doesn't hike the rates, this will be the last chance for her to hike rates before this November elections. The next meeting will be in November just some days before presidential election. So the chances are very low that she will hike in November. So if she doesn't do it in September there will be several months of low rates and this environment is actually very positive for stocks because rates will be low for several more months. Now we have China. We saw that there was some repetition starting, repetition of what we had in the markets in August of 2015 and in January of this year that traders were building up short positions in the Renminbi short positions in the Yuan to bet that there will be interventions by the Chinese government to stem the strength in the US dollar. This all has been in connection with the rate hikes and expectations that there will be a September rate hike, which has been the cause of this, has been the speech of Mr Rosencreen from the Federal Reserve and traders have been building up the most bearish positions on the Yuan in almost four months because they speculated that there will be interventions by the Chinese government. This morning we see retail numbers and the industrial production out of China which came in better than expected. We see the sharp reversals on Wall Street. We see the pricing out of the September rate hike fears in the market so there's less need actually for any intervention from the Chinese government. Then we see OPEC which has actually forecasted just by yesterday or before yesterday forecasted that there will be a decrease in non-OPEC production. Now they change their forecast to see an increase in non-OPEC production for the whole year of 2017, which the cause of this is a new oil field which is coming on stream later in the year in Kazakhstan. We see more bearish signals for the price of oil, price of WTI and print is something you should watch because they're still momentum building. There's been a turn in prices yesterday as well with all the risk assets after the pre-net speech from the Federal Reserve so there might be something of a trading opportunity there in print and WTI possibly today.