Year end markets often see a bout of profit taking following a one way market and this year should see the same. However, the uncertainty in the UAE could see the Yen strengthen one more time before following the European currencies...

With the one way downward trend in the Dollar over the majority of the year the risk is for the market to cash in on its profits.

But dollar strength should return from October...

...but for how long will this last before things revert back to the way they were?

But will consumers have the confidence to sustain this?

A return into recent trading ranges could well subdue enthusiasm

Is the mild improvement a true fundamental return to consumer spending?