Is heavy regulation the risk for 2018 . Retail sales and production rise in the worlds thirdlargest economy. Lets talk about the markets. Lets figure out what is going on. This is the wei screen. That is what is happening around the story on the london market versus other markets. Right now, the london market looks like it will open a little bit more positively. Earlier it looks like it would have a more negative start but that seems to be reversing. The ibex in the ftse look like they will be down around. 3 of 1 and the italian bond auction. 50 down. X and futures are down pointing to a positive start. The lackluster session yesterday. Lets talk you around the gmm, give you a sense of what is going on. We talked about the data out of japan, that is affecting the markets. We have seen the yen trading up by. 5 of 1 . The nikkei is down by. 51 . Roduction data was strong , numbers are bouncing back. How significant is this data is the question i am asking. The bloomberg dollar index cont