 Hi, good morning, and welcome to today's products and focuses. So most global equity markets Recovered slightly at the end of the session of up in the US market was that actually Traded down treated up and treated right back down again by the by the end of the session down about 350 points in the end Below 177 47 next potential support is 17561 with the marketing flatlining right now news overnight Not so much more about Greece but more so about China again Main markets were down about four and a half percent over in China There's multiple indices out there their version of an Aztec was down seven half percent yesterday down another four and a half percent again today Put in context is about five million people live in Greece. There's obviously 1.4 billion people that live in China So their stock market is maybe a little bit bigger In fact the the movement that we saw yesterday alone The money that got wiped off the Chinese stock exchanges was right about 2.1 trillion dollars Which is an entire market cap off? Their French cac So now maybe give you a bit of an idea But people probably should be having a bit more look at how China is doing and obviously Greece is very very important but It seems to be that people are not looking the right direction as to where the biggest concern It's going to be because this sell-off in China is only just beginning as down some of those markets down 30% from June That's huge big moves that we're seeing there's a lot of wealth being eradicated And you know obviously there's a lot of people buying stuff in China and not just in China, but all over the world So that does stand to to have an impact further on than the line So really ugly technical signals on the US 30 in the long terms. I've seen a candle It looks like it looks like this that we've got yesterday and today we've not seen any massive bounce on the upside So looking at the UK 100 again very volatile session a very unusual candle still had positive territory and by the end of the session But we were all the way up here when we ended below potential support 65 59 and they were still below it right now Looking a little bit sheepish right first thing this morning German tax up 0.7 of a percent, but still is not looking that amazing either to be honest Looking at Japan to do five gap down trade closed at the bottom of the range But not as aggressive as some of the other indices that we've seen But we have seen a bounce of potential support at 20,087 which also coincides that 55 appeared SMA With a dollar yen now down at 120 to do we have seen some yen buying but not Incredible amounts again not a lot of saving buying on gold either that's still trading below $1,200 with all this uncertainty We thought that they said heavens would be getting more of a spike in the right direction But they're not which is which is quite interesting But one 2187 is potential support and also coincide with the fifth five period SMA Moving on to what Texas crude is all about crimped oil demand, which obviously with everything that's going on right now That's not surprising. I'm a move lower $57 next potential support and I think it does look Quite clear that there is a short-term potential Resistance at 61 80 should we get back up to there at any point soon Moving on to gold as I said not really doing a huge amount Even though we did have a spike after they failed to capitalize on that move down again today 1186 as a potential support But I think it's very interesting That yen and gold have not been huge buys with all this uncertainty that's been swirling around So the euro, I think this is probably the biggest Turnaround in history on the euro dollar. I've not seen the market gap so extensively to then rally so strongly A very strange candle again to get For a gap and then it to close even above the previous days Candle all together is quite incredible. Now. It's not followed through a lot of positive events in this morning We did I think a lot of this was due to the swishing us in the bank intervening against the euro yesterday Which I think kind of saves a lot of the markets from getting completely smashed But maybe this candle is rather artificial right now, but nevertheless euro-dollar traded below the high of the previous day Back up towards one spot 12, but we are selling off a little bit this morning But it's not really that aggressive considering so looking at a sterling volatile session again But most importantly right now trading below 157 43 the next potential support one spot 56 So in regards to economic data, we're still waiting for more news about grease that referendum due now on friday sunday, sorry the fifth of july They're obviously going to miss the payment for the imf grease So that's by the by And I think with all the cues for cash machines and petrol stations and supermarkets That any referendum is pretty much going to say yes Well, I hope it says yes Anyway, if they if they are going to go for a referendum because a no vote basically would mean that their grease will leave the euro But yes vote will mean that the current series of government will have to leave And there'll be new new elections and they'll probably just be back to where they start depending on who they get in to run the country So other economic data wise you got a uk gdp due at 9 30 this morning That should be important and then cci from the u.s And then on wednesday you've got pmi from china germany eurozone uk and adp private payrolls And I believe that we might even have non-farm payrolls on thursday this week So not on friday because bank um fourth of july we can holiday So remember non-farm payrolls is on thursday At 1 30 keep you on the chart form guys as ever making such part of your late going forward and join me again Tomorrow to find out what happened next