 Hi, good morning and welcome to today's products and focus so it looks like we had a whole raft PMI date already this morning from Japan and Across in China and the final PMI number actually came into slightly Better than expected the forecast was forty nine point six the actual was forty nine point eight I'm following on from yesterday's exuberance for we saw most global markets managed to pull some gains for the end of the Quarter if we ever look at the US 30 you'll see we actually had a bullish engulfing pattern yesterday And we're still going great guns this morning with us above the 21 period SMA the other technicals are still relatively neutral But it looks to be a slight shot in the arm to to start our Thursday morning Then looking at the UK 100 a great candle yesterday another positive Better momentum this morning breaking through 60 73 and above that 21 period moving average With 60 73 now potentially acting as potential support We could be looking at a 62 96 or basically 6,300 as the next potential resistance for the UK 100 We actually have a whole host of other data due today. It's not just about Chinese PMI We do have a German Eurozone and UK and US PMI and we've got unemployment claims in America To finish out the day And of course tomorrow brings us to non-farm payrolls the most important macroeconomic data release of the month And this one's going to be quite keenly watched and yesterday's ADP private payrolls came in slightly better than expected If the 200,000 jobs are created and if you just look at the forecast for that ADP private payroll number They were expecting 194 so a marginal beat, but a beat none the less So then looking at Japan 225 Not such a not as strong as gains is what we've seen in the US and the UK 100 It could be a slight recovery of mining stocks that are helping to push that up a little bit higher But we're still in positive territory breaking above 17,500 so then moving on to the Japan Sorry dollar Japanese yen Very similar to the last few days not really that exciting if I'm completely honest Oscillating around the 21 period SMA but above 119 which is expected to act as potential support But we are now trading between two ranges So then finishing up with the West Texas crude scraping ever higher towards potential resistance at 45 85 Inventory data actually came in higher than expected But it seems to be that which normally would be negative for for crude oil, but what we have now seen is that Falling on from yesterday where people were kind of buying up the last little bit of equities to finish up their There at the quarter that West Texas crude has benefited from that last bit of window dressing Now looking at gold It looks to be with the ADP private payroll number coming in slightly better than expected now that people are thinking it non-farms Will be better than expected and that's given a dollar a little bit of an increase But it's also given gold a bit of cause for concern Because gold sensitive to US interest rates you can see there the acceleration to the downside That is traders now betting that perhaps on due to Friday's non-farm payroll numbers coming in strongly that US interest rates might in fact be increased this year Which has quite a big knock on effects on the yellow metal So trading below both moving averages the next potential support If we draw that on now is just at the tip of this candle and that's round about let's just say it's 1100 but we're a little bit away from there right now Almost a head and shoulders formation by the bottom of a downtrend. It doesn't really count So then looking at Euro dollar and GBP USD to finish things off You can see the dollar has wrestled control from the euro again with a bearish engulfing pattern yesterday and another Preaching towards the bottom end of our range this morning with one spot 11 being the next potential support And then finishing up the GBP USD is continued to grind lower below one spot 51 85 with one spot 48 13 being the next potential support So as ever guys keep your eye on the chart forum make insights part of your layer going forward and join me again Tomorrow to find out what happened next