Good morning a warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Lets get to the Global Market its a shortened day on wall street today markets closing at 1 00 p. M. Eastern time two days ago the dow and s p slightly lower the nasdaq slightly higher markets were closed state side yesterday. We are expecting to open flat. The nasdaq and s p just above the flat line with the dow fractionally lower lets look at markets around the rest of the world. Asia is the focus this weekend yesterday in particular we saw the biggest selloff for the smaller cap shenzhen index in china for three years. The shanghai index was down 2 an important day of Standing Firm off the back of that today. Shanghai is flat the rest of asia positive. This ongoing issue in china of late is focused on the government cracking down on various measures including trying to frighten Credit Conditions that led to a spike in bond yields particularly further down the curve. People have been focusing on that the sel