 Good morning and welcome to today's products and focus so looking at the equity markets We still had a bit of a negative day yesterday as the markets kind of thought about the potential slowdown in China the The latest data coming out of there has been not so great today as well this morning But we have this kind of sell-off off the session lows, but managing to stay above 17561 Which is great, and we've had a bit of a bounce there a Short-term bounce anyway off the off that potential support level But we are getting capped by those two moving averages as they just begin to flatten closer and closer together Other technicals relatively neutral Do you still have that that cell signal in the slow stochastic that is adding technical weight most other global equity markets And we're kind of struggling this morning to be honest as well So quite a negative day at one point the Germany 30 was down about 300 points yesterday So that gives you a bit of an idea as to the malaise in the market looking at the UK with 100 This looks ugly. It had a really bad day yesterday like not not as bad as what we have on Thursday after the ECB But still is like over a 2% moved down Getting closer now to 60 73 and we're quite keenly focusing Floating around this potential area right here as well Which could add a bit of short-term pain because we have a lot of room to go before we get to 60 73 So that does open itself up for a little bit of potential weakness Look at the moving averages We were just about to get a golden cross and that's long gone now So it's actually going the other direction now. We've got a death cross on there Mac these crossing the zero line cell signal in the slow stochastic gives you an idea about where we are right now So we're in technical perspective. You came in hundred has a lot of pressure on it Japan 225 similar kind of pattern But if I just get my groin tool out here Let's just try and attempt to draw a trend line because that trend line was actually broken a little while ago Quite a strong move to the downside seven 19104 is the next potential support and that was support from the 9th of July Are there on this year? So then moving on to dollar yen dollar yen Begin to see a little bit more yen buying as a safe haven asset Bearish and Gulf and pattern yesterday An acceleration this morning. We're currently trading towards the bottom end of this range as we speak And then looking at West Texas crude briefly hit 36 dollars almost going into thirty five dollar territory before I had a bit of a bounce Entry day charts crude is up about a percent It's a 3771 right now just below thirty eight dollars pretty much Hovering around this potential support level that we had from August 24th So then looking at gold gold is slowly Having a bit about a bounce from 1072 albeit we were trading below it yesterday That 21 period SMA potentially adding a little bit of support. We're already off the session highs So this looks like it's not going to be doing a huge amount today either Dolly em not your doll. Yeah, but you're a dollar sorry Having a very strong bounce the the USD seems to be taking a little bit of a breather at the moment You've seen the yen advance the expense of the dollar your dollars taken up and cable when we look at it It's also moving higher. So we've had that bounce of one spot zero eight nineteen on on on the euro With that short-term potential resistance being a one spot zero nine eighty one Which is the tip of the candle here from Thursday, and then looking at GBP USD We are off the session those we had broken below one spot fifty twenty seven We've reversed course and we've got our head above there right now with one spot fifty one ten be the next potential support But longer term still in this kind of downtrend on on cable. So economic data wise We had some CPI information come out year on year was slightly better than expected PPI came in as expected looking at manufacturing in China that came in much better than expected So the forecast is minus zero minus one point five came at ten point seven. That's very very strong Which is maybe part of the reason why we're seeing that big Increase in the Japanese yen as well as a safe haven aspect. Of course, we've got crude oil inventory data due Later on today if you're trading crude oil, that's going to be a very interesting one and a good one to have a look at as well fast forwarding on Thursday still more still more Asian data You've got a corporate good price index corporate goods price index in Japan followed by broad money M2 Basically money-loaning ending in Japan and China, sorry, and then you've got the interest rate Bank of England rate hike Not hike, but the decision may be in process. That's a 12 UK time Then you have the employment data From the US as well at one theory. So that gives you a better idea of what to expect today and tomorrow Keep your eye on the chart forum make insights part of your late going forward and join me again tomorrow to find out what happened next