Good morning a warm welcome to Worldwide Exchange here on cnbc im wilfred frost. Lets get straight to the market picture. We did see yesterday the s p flat, the dow down about 0. 15 the nasdaq was up, 0. 2 . Theres been some concerns of a selloff. Weak to date were only down half of a percent for the dow and s p. The nasdaq is down a full percent. Its not that bad given the great runs of late this morning bouncing back, nearly 40 points higher for the dow. The s p up 5 points. The nasdaq up 25 points or so. Lets look at europe it was down yesterday, but not too badly. Having sold off more meaningfully at the start of the week germany up a half percent. About a quarter of a percent of gains for the uk and france. Asia in the eye of the storm yesterday with quite significant declines lets get more on the markets in asia from Nancy Hungerford she joins us from singapore. Hey, nancy thats right. A different story here for asian equities lets start with the comeback story, the nikkei 225, h