At this moment the price of the oil touches the level of 50 dollars per a barrel, reaching a seven-month peak.

UK unemployment rate in January-March remains unchanged and stayed at 5.1%.

According to the Chinese government, China housing prices continued to climb in April the fourth consecutive month, thanks to the ease regarding terms of purchase of assets outside the major cities in the country, including lowering interest rates and fees.
The average price of residential property in 70 major cities in China rose by 4.1% in the 12 months up to April.

News from the USA

The future contracts on Wall Street show a slight price declines of around 0.1% in the leading indices.
Yesterday the trading day closed with sharp gains.

Apple shares rising by 0.5% before the opening of the trading day, after yesterday it jumped by 3.7% following an exposure about Berkshire Hathaway holding company of the billionaire Warren Buffett, which acquired 9.8 million shares of consumer electronics giant in the first quarter.

London Bureau of Statistics reported this morning that the UK inflation slowed unexpectedly in April.
The CPI rose by 0.3% after rising by 0.5% in March, led by aviation and clothing prices.

USD/JPY

The main trend of the pair is a downtrend, as seen on a daily chart.

In the last two weeks the pair made his way to re-test a resistance diagonal line.
The current resistance level is 109.50, next to resistance line.

What we are waiting for?
First we are waiting to see that the pair will stop at this resistance area, then we’ll be waiting for a bearish pattern, it can be on lower time frames of 4 hour or an hour chart.
Another option is to see the pair crossing above the resistance line and then dropping back below it, this kind of a false break will be a good entry signal as well.

Wall Street futures contracts pointing on stability at the start of the trading day at the leading indicators,after last week the stock exchanges completed a third consecutive week of declines.

The price of the oil is rising:

The price of the oil went up by 1.5% to a around price level of 48 dollars a barrel, a record of about six months.
The rise came after the US investment bank Goldman Sachs raised its target price for the oil from 45 dollars a barrel to 50 dollars by the end of 2016.

Disappointing news from China:

Line of disappointing economic news published in China during the weekend,and they confirmed that the world’s second-largest economy is experiencing a slowdown.
The industrial output, investment and the retail sales in April, all rose by less than expected.

Industrial output increased in the past month by 6% on an annualized basis, compared to a forecasts of 6.5% and an increase of 6.8% in March.

Investments in fixed assets were up by 10.5% on an annualized basis, compared with expectations to a rise of 10.9% and 10.7% in the first quarter of this year.

The retail sales slowed to a level of 10.1%, against an expectation of a sharp rise in of 10.5%.