Learn more. Well, as Doug mentioned, we've got markets and Japan and Korea now training for a look at what's going on is Brian Curtis. Paul, the cash in the futures market, so suggests a little give back today after the torrid rally that we saw yesterday, the Hangzhou index, for instance, was up 5.2% in that latest session. Futures now down about a third of 1% and in the cash markets that you referenced there. The nikkei is down 6 tenths of 1%. The ASX in Sydney down about four tenths of a percent and the cost has also up and down four tenths of 1%. If we look at the performance on Wall Street, it was a little bit of an uneven picture. We came back off of the worst levels of the day for the S&P 500 to finish flat to slightly lower. We had yields that were slightly higher and the dollar was down a little, so that suggested a little bit of an inconsistent message. However, maybe the real message is just as we put in our headlines caution ahead of the speech by the chair of the Federal Reserve, Jerome Powell, on Wednesday. We had this line from Dave costan at Goldman Sachs that corporate America's margins are likely to start coming down in 2023 as certain expenses start to normalize. And also U.S. consumer confidence fell in November to a four month low, although still at a very high number the conference board's index at 100.2 and that was down a little bit from the one O 2.2, but still in fairly confident tone. Dug over to you. Yeah, maybe a little bit of reluctance in front of that speech tomorrow from fed chair Jay Powell, he'll be speaking at an event hosted by the brookings institution in Washington D.C.. Our Michael McKee has a preview. When the fed chairman speaks, he usually moves markets, probably not this time, though. Investors have firmly priced in a half percentage point increase in the fed's target rate, and none of the fed speakers in recent weeks has taken issue with that. What J Powell may want to do is set some guidelines for the new fed guidance on rates, coming December 14th. There is general agreement among policymakers, the ultimate level of the target rate will be higher than their last forecast of 4.6%. Markets now see it at 5%. Powell could offer guidance on whether that's about right. And about how long it would take, the fed to get there, like McKee, Bloomberg, daybreak, Asia. China's official PMIs will likely show manufacturing and services weakening in November. We've got more from Bloomberg's Yvonne Mann. Bloomberg economics forecast the official manufacturing PMI will drop from 49.2 to 49 in November, early indicators show daily steel output and oil refinery run rates down from October. This comes as a global slowdown is pressuring production, the official non manufacturing PMI is also excited to decline from 48.7 to 48.4. Their service sector was likely impacted by curves put in place to contain COVID flare ups last month and point the other direction, the construction PMI is likely to stay well above 50 strongly in expansion. A continued drop in steel rebar inventory suggests robust activity and will get PMI data at 9 30 a.m. Beijing time. I'm Yvonne man, Bloomberg deeper, Asia. 5 minutes after the hours, we update global news