 Hi, good morning guys and welcome to today's products and focus. It's been quite interesting the last couple of sessions With a lot of volatility obviously last week we had this big sell-off in Friday We had a little bit of rebound, but today we're kind of pausing for breath and kind of drifting that little bit lower again kind of China slowdown fear is very prevalent as Kind of new capital reforms are coming into place and we are seeing a little bit of a dip in some of the Asian markets over over their Monday session and It's only in India and Indonesia where we actually saw some decent gains in the back of new political parties that have taken power there But over in China the China E-50 in some of the other regions there got pretty smashed that China E-50 was down over 2% at one point and Yeah, a lot of them kind of worry over there that they're not going to be as competitive as they would like to be in the future So that's for kind of where we are with the US 30 potential support still remains at 16400 and the potential resistance is at 16598 I'm already seeing a lot of pressure this morning on the US 30 looking at the UK 100 has Come off of a fair amount this morning trading near its lows. Obviously, we were very volatile there on Thursday and Friday today Probably it's going to promising to be no different. We do have a bearish cross so a potential bearish cross over there in the MACD We've just crossed over the RSI 70% level and we're very close to breaking that 80% Slowest gas level on there. So UK 100 actually can very vulnerable to further moves to the downside If the if you know this momentum continues the fact that it's trading so towards the end of its lows there is not so good Especially as the UK economy is supposed to be doing relatively well This the sell-off here close to resistance Means that we might get quite close to sixty seven seventy four We should also be that 21 period SMA But as the wind economy doing so well, it's not that surprising that we're having a bit of self-close to resistance But a break above here would potentially dawn to sixty nine sixty six It's just that uncertainty over the China slowdown and a complete vacuum of major economic data today And for the rest of week might add extra pressure on the UK 100 if we then look at Japan 2 to 5 It's on the wrong side of potential Support now acting at resistance as 14 2 on 9 next potential and support will be at 13 6 9 3 Dollar yen, which is a big driver of Japan 2 to 5 still bouncing around one-on-one spot 35 This is the new support level potential support level that we've we've been looking at the last couple of sessions I break and close below that opens up 100 spot 80 As the US dollar still continue to take a little bit of a backseat against some of the majors West Texas Crude's got a spring back in its step You can see a Friday and today moving in the right direction getting quite close to potential resistance at 103 That'll be the level of strategic importance to our traders today, and I've ever quit look at our gold As ever 1295 it seems to be getting glued to that as time goes on these peaks and troughs are flattening This feels like it's turning into a flat line close to 1295 I just give you an idea about how important that level actually is looking at your dollar Obviously with the kind of overarching theme that the ECB will potentially cut rates in June or something Put in the policy option together to make that a reality There's a lot of pressure on the euro, but the US dollar is not really surging either So we are probably going to be looking around about 37 10 today Over the next couple of days you can see the volatility that we've had So this is the level that could be the strategic move to the upside or to the downside depending on your on your personal views Look for a lot of US dollar denominated use to try and give kind of a direction because You know the market seems to be relative to the confidence that the the ECB is finally going to cut rates So that's not a guarantee instantly. They've been thinking that for a long time If we have a look at cables had a little bit of a rebound But I can see already that that 21 period SMA has been acting as a cap on potential gains right here And the 55 period SMA acting as potential support So maybe we'll actually see us trading in between these two ranges for a little while Which wouldn't be so great because we actually would love a lot more volatility in these markets So like in my day, there's absolutely nothing today Well, not really anything of major significance tomorrow. There's a rpi in the UK Fast forward onto Wednesday. You've got Bank of England minutes and retail sales And you've got crude oil inventories again. Nothing really that exciting You're really looking for some US dollar denominated news so we can get some decent moves in euro dollar and cable We look forward onto that thursday And then we've got US jobless claims and UK GDP So there's a fair amount of UK macro data, but nothing major US wise which we really need as a catalyst keep around the chart for them as ever from our global analyst team And make sure you make insights part of your layout This is the inside track from our global teams about what's moving markets today and join me again tomorrow to find