So, what the heck is going on? So I'm sure you guys are following the news with Bang Si Hyuk and Big Hit Entertainment, and I know there's a ton of corporate jargon here in all the articles, so in case you're a bit confused, which I'm sure a few of you might be, I'll try to explain this as simply as I can. First off, Big Hit Entertainment, well actually it's not called Big Hit Entertainment anymore, because as of March 31st 2021, Bang Si Hyuk officially rebranded the company to Hybe. Now for those of you who are fans of the Big Hit name, and I know I was, fear not, because the Big Hit name is now being used exclusively by Hybe's new labels division as Big Hit Music, and with a fancy new logo. Now here's where it gets interesting, on April 2nd Big Hit America, which has now been renamed Hybe America, acquired 100% of Ithaca Holdings as well as all of its properties for a reported $1.05 billion. Ithaca Holdings is an investment company established by Scooter Braun, who's well known for being an important entrepreneur, investor, and manager. After the acquisition of Ithaca Holdings, it will become a subsidiary of Hybe America. Hitman Bang will remain the CEO and chairman of Hybe while Scooter Braun will join as a member of Hybe's board of directors, which means that he'll play a big part for major corporate decisions. And here's where most of the headlines are focused on, Scooter Braun projects, also known simply as SB projects, which is a subsidiary of Ithaca Holdings which was purchased by Hybe. Now SB projects is a talent management company that manages several big artists including Ariana Grande, Justin Bieber, Jay Balvin, Carly Rae Jepsen, Black Eyed Peas, Demi Lovato, David Guetta, Hilary Duff, and Dina Menzel, and, well, Psy, funny enough, so he's actually working for a K-pop company again. Among many, many others, and you can see a full list here. After the acquisition of Ithaca Holdings, Hybe issued $161 million worth of shares to some of its key people such as Scooter Braun who received 460,000 shares, Justin Bieber and Ariana Grande received 53,000 each, as well as around 30 other people. In comparison, each member of BTS was gifted 68,000 shares when the company first won public. Now, Hybe America, with its purchase of Ithaca Holdings, owns not only SB projects, but Big Machine Label Group. If you're a huge Taylor Swift fan, like I am, there's no doubt that you've heard of the beef between the country music label Big Machine Records and Taylor Swift. Long story short, Taylor Swift used to be signed on with Big Machine Records and due to a deal between Ithaca Holdings and Big Machine Records, Ithaca Holdings acquired rights to six of Taylor Swift's studio albums, rather than Taylor Swift herself, which allowed Ithaca to profit from her old songs. And with the recent acquisition of Ithaca, we can assume that Hybe would be profiting from it as well. Big Machine Records currently manages several artists such as Tim McGraw, Rascal Flats, Florida Georgia Line, and a ton of others. Hybe is making quite a global music empire with its other subsidiaries under Hybe labels, including Source Music, Pledis Entertainment, B-Lift Labs, KOZ Entertainment, and of course, Big Hit Music. Two other divisions of Hybe are Hybe platforms for technologies such as Weverse and Hybe Solutions, which includes specialized business units for video content, IP, learning, games, etc. such as Rhythm Live, Hybe 360, Hybe IP, and Hybe EDU. So that's basically it. That's all the information we have on the acquisition at the moment. Keep in mind that while Hybe America and Ithaca Holdings are under the same name as Hybe labels, they will not influence the decisions and create a freedom of Big Hit Music, BTS, TXT, Source Music, or other labels and Vice Versa. Personally, I've always wanted to see some type of collaboration between BTS and Justin Bieber. I mean, I really enjoyed the mistletoe cover by Jimin and Jungkook, but it'll be nice seeing a collab with the Biebs himself. Jungkook has always said that he's wanted to work with Justin, so I imagine this will be a good chance to make that dream a reality. It would be like some dream artist that you'd love to collaborate with. Now, what are your thoughts about the acquisition? What are you most excited to see in the near future from Hybe and its new subsidiaries? I really want to see your answers, so leave a comment below. Don't forget to leave a like and subscribe, and as always, thanks for watching.


Hi there, I'm Sandy Olak, artist and paper crafter here on YouTube and today I'm going to be painting a scene with Copic Various Ink refill bottles. It's very similar to what you can do with alcohol inks and I'm going to be using Swale by Ellen Hudson and I'm also using my Tonic Glass Mat when I lift it up and show you it's quite heavy but it's pretty nice. I seem to like it other than the fact that it's got the grid. I'm not really happy with it but I'm trying to get used to it and see if I like it or not in the long run. But anyway, using Yupo, I played so much with my White Yupo that I used it all up so this is actually the Translucent Yupo but you can see it's not see-through. I thought it was going to be more see-through and it still works just fine. So I am putting a couple drops of B24, B13 and B00 at the top and I got this whole idea, this whole notion for this card when I was playing and just kind of letting the color move around. There were some things that I saw that I'll point out as I go because I did some lifting of the paper to let things drip down and I went, ooh that looks kind of like water and I've been on such a kick about doing underwater scenes from my underwater scenes class over at art-classes.com if you have not seen it and you like doing whales and mermaids and things. That class has been a blast. Everybody's been having so much fun making underwater cards. But I thought I wanted to do a cavern to go with my whale so my whale is going to be swimming through it and I've got all this wonderful water cascading down from the top. I've sprayed it with some Colourless Blender in a mini-mister. Be careful not to inhale any alcohol that you put in these blenders. It can actually hurt you so keep your windows open. This is a great project for summertime. Dabbed off a little off the bottom so that I don't have a pool of it and right now it's super shiny, super soaky wet and you can see just how shiny it is and then I let it dry for a minute so it's still damp but it's not goopy, goopy, goopy wet. I tried it with one that was goopy, goopy wet and all of my coral bled all the way up the page so you don't want it super goopy. And know that it's going to spread out so don't do too much until you're confident of knowing how far these things spread.  They kind of look like coral blooms. That's what inspired me to do this. I thought I could make a whole bottom end of the entire card that would look like it's got coral. My paper is cut, it's a quarter sheet of that UPO which is 9x12 so the actual piece is 6x4.5 so I'm going to be able to cut off those outside edges so if you get some collection of color on the outside don't sweat it because you'll be trimming that off anyway when you finish your piece. But very cool, very fun type of an idea so once it was good and dry and I could actually touch it and do things with it, I started in with my colorless blender. Now I have two colorless blenders. One is super goopy full and that's this one and I have another one that's not as full but I used the full one because I wanted some of this bleeding to happen so I wanted to put down dots and let them kind of mush out but I had to be careful to scribble off on the side so that I didn't have like a giant goop of ink that came right off of it or colorless blender that came right off of it instantly because I didn't want to wash everything away. I just wanted to add a little bit of detail to the coral just to give it a little bit more flavor. You could do all kinds of things with it. I'm going to be making some flower things with this because I think that would be really fun to turn these into flowers that way. But I also wanted to do something with my whale so I was kind of playing around here worried that I was going to mess it up to see what would happen if I used my colorless blender on the whale keeping away from the lines because I don't want to wash those off and that sort of thing but it seemed to work. It lightened the color. It didn't make it disappear but it lightened the color inside the whale so he looks like he's got a little distance from the back.  This ink did stay put so that was nice to know and there we go. I just kind of cleaned up that whale quite nicely and that worked. You can get as elaborate or inelaborate as you want with all of the little details we put into the coral. Really depends on the colors you use and how they kind of mush out because every single one is going to be different because of how the ink goes on here. So I'm going to add some bubbles with my colorless blender and then I'll do a little spritzing to add a little bit more detail on them as well. So very cool, very fun kind of technique and one thing I wanted to mention I've had people ask me very recently if I could send them card X that I had made on my video and I thought I'd address that since I've got a second chat here and I don't just send out cards to people just because they asked for them so that doesn't help. I do send a ton of cards to my patrons and patrons are people who support me with like a dollar or three dollars or five dollars or twenty dollars or whatever they want a month.  So if you're interested in more on that you can go to patreon.com slash stand y'all knock link in the do we do and you can see more about that and potentially get a card or a painting or something like that from me. So I send those as great appreciations to my patrons. So I've mounted these onto white card stock and then pop that onto my card base with dimensional adhesive so that I'd have that nice white underneath of the image since it is the translucent paper. There you go. All done. Super easy, super quick. I hope you try this out because it's way too much fun and I will see you guys again in the next video. Have an awesome day. Go make something beautiful. Click the like button and be sure to subscribe. Bye bye.


What's up guys and welcome to trendy updates up our SPM buzz. Now onto the trending news today is a comedian and a turned activist Eric Komondy who has been sentenced to one month in prison. Now Eric Komondy took to his social media platform and updated his fans what has happened today after attending the court session that he had attended together with 15 others. Now he took to his social media platform and said, So today the courts have sentenced me and these young guys to one a month in prison. We have been sentenced for fighting the high cost of living. It is also weird that the government increased a few L prizes yesterday and these weirdly coincided with our court date which is for the same fight we have been sentenced. I am ready to serve that one month I know tomorrow we will be victorious. Now they have been sentenced that is Eric Komondy and 15 others to one a month in prison or an alternative of 10,000 Kenyan shillings fine over an lawful assembly. Now if you remember Eric Komondy was on the streets a few months ago where he was protesting regarding the high fuel prices that is what he was accused of an lawful assembly that got him into court and he has now been sentenced to one month in prison. I am ready to comment section who are the ones who sympathize with Eric Komondy. Name wrote me Kanamwambia until we learn to vote with our brains and not emotions and we shall forever be a third world country. If we are not careful then our goals and our future generations are cooked. Slim Tina and Asemawame Funga activists were too. Here Whisp says they think they are surprising us by jailing us but they are making us stronger the system is creating a monster. Samaritan and Asemawame if the government doesn't provide us with work then we will give them work to do. To necessary Anasemawame babylon system eating its own people. Then Martin Mola says maybe they want to taint your image so that you don't vie for the long answer. See just thinking. Kendelia Palakarotiv says go to the streets people. In 2023 these shootings be happening.  DematGriama says they are joking Banna. Susawa Meshindo Koshika wa Fisadi wana Shika Eriko. Nani Kimalizia Palle Almish for says Akii Serikali aina ibu. Yani Erika Mesidia na kuokoa Meshia watu Wengisana. By Wakoblind they see nothing to ingie Barabara Eric Archway. Now we all know that the fuel prices have gone up since yesterday with quite a few Kenyan shillings and now Eric Komondi has been sentenced over the same thing of unlawful assembly and fighting for that increase in fuel prices including the increase in the living cost of living rather. Let us know down in the comment section what are your thoughts about Eric Komondi being sentenced you know to one man in prison but in the meantime keep it trendy updates. Have a SPM buzz.


talked about quite a few different conditions to re-attack, all right? And I want to make sure that we're recognized in the proper conditions because if we get one tracked mind here, we can get shut down real quick and lose a lot of opportunities. So first condition, it's all off the same thing. It's all off our knees to get down blocking. We're not circling a ton. Like I said, when we circle, we tend to kind of break connectivity. We get an angle, but unless we're just re-attacking from space, it shuts down a lot of our opportunities to re-attack. So he shoots, I'm there blocking knee-stipping, and I'm rolling back up, right? And as this guy was kind of recovering and over-pursuing, I'm staying in my low stance and then blasting back into him. So he shoots, I'm readjusting, boom, right back into him, right? So that was the knee skill. Stay home in our stance. They're continuing to recover and pursue back into their stance into us, and then we hit them with the quick one, right? Then the second one was they kind of stayed down on us. They shot, and they kind of stayed in that three-point stance, and we were trying to find right below the chin, okay? Right below the chin to get that re-attack. They're not coming into us as much, and they're not coming up as much. So he level-changing shoots. I'm readjusting right here, and I'm trying to find right below the chin right there. And my head does a lot more work than my arms do. All I got to do is find his chest, below his chin, and then my arms will eventually get to the legs, but I've got to get below the chin. Third one, we're knee-skipping, and our hands are coming back up, looking to redirect as they pursue into us, okay? If they're not pursuing into us, this re-attack doesn't work as much. Some guys ask about leaving your hands home. We're down-blocking and defending what's in front of us first, which is a leg attack. We try to get crafty, we're just shifting with our hands. We might find ourselves defending this guy on our leg. So my hands drop from here, and I'm coming back up, okay? If he comes all the way back up to his feet, we're just back wrestling again. I've got to get that transition where it's trail leg coming up, still kind of low, knee over the chest, where I can redirect, okay? So he shoots here, looking hands to come back up, and attack an angle.  Some of you guys are hustling to an angle and shooting a single leg, perfectly fine with that, okay? Now fourth, this is when that guy comes all the way back up, okay? I want you to find a good clean leg attack. I don't care what it is, why do you guys ask about knee pull singles and stuff? I don't care. Whatever scores on the re-attack. Now my feet have to get set before his feet and his position get set. That's the condition I'm looking for.  So my hands, he's shooting, hands are dropping right here, okay? Notice I got back set quick and it's because I knee skip rolled here, okay? I didn't draw circle, circle. Now I'm ready to attack. It's a quick way to get ready to re-attack. You can shoot doubles, high crotches, whatever, something quick and we can finish quick, okay? He's used right here into my high crotch. High feet are set, conditions are right for the re-attack. Don't try to get fancy with it. Just get your feet set, good level, and get to a leg attack. Questions? Sure, and for you it might just be a regular world double end. He shoots, I drop, he skips, he's set. Back into my double, stay off, maybe. So he shoots, he skips right here, set, into my double, okay? Normal double if you want to. Give me a spear double, I'm fine with that, okay? But I want you to get to your best, quickest, cleanest leg attack. So we got four different conditions now, all right? We got to, they're all off our knee skip reset, okay? Back to the quick attack, back to the attack when they stay home under their chin, moving their upper body, looking for an angle, and then they're coming all the way back up to their stance where we're hammering on a legit leg attack. What's up? The first and fourth one. The first and fourth one is when you're, when you're shoes right here, welcome back. The first and fourth one, I need to get up here, you're overpriced already into. The fourth one is when I down block, we got a little bit more space, right? It's not, it's not as quick a hit coming in, because you're going to have guys that are going to shoot and kind of fall asleep mid-shot, and we'll be all over, right? That's first condition.  So yeah, if they're overpriced, put your head through their chest, 100%. And it's all similar, but we've got to get a little bit more granular with this stuff in order to get back at the high level. Go!


So project infrastructure for me, it's like the bread and butter of every day working with Osmo comms. So I am Probably going to miss a few details if you have any questions or stuff that is only obvious to me and not to you then Please interrupt or ask afterwards. So I'm going to talk about your typical project infrastructure mating lists wiki issue tracking continuous integration version control patch review Our manuals and our nightly bills last but not least So the mailing list For everything I will post a wiki link Which is probably more for later reference. I also have the pages pulled up here next to it so We can if you have questions we can have closer look So basically the archives are public as always you should be subscribed and We have lots of mailing lists, but the main activity is on the open BSC the traditional one We have a separate gprs one but still most of the discussion is happening here in open BSC and I don't know why I put this here, but I think it should go here. So we have some some rules Yeah, I mean have a good subject line. Don't just quote the whole mail Don't send HTML Start a new thread for a new topic Don't say something like this mail shall not be read by people not liable to our company rules, whatever no pseudo legal disclaimers Stay on topic of the mailing list don't spam and have a correct time so that our mail logs Work out and we don't get like your mail always at the bottom into the far future or something like that So that's pretty basic and that's what your typical mail looks like I don't know just picked a random one and shortened it a bit. So we have a Clear a subject line. It's sent to open BSC and Harold on April 1st Asking for a longer Line width, but it wasn't an April fools actually. So now we decided for a hundred and twenty lines of code width being permissible Yeah So that's the mailing list that should be obvious, but so if you have a question come to open BSC at lists.osmocom.org and we will most probably help you So the wiki is at osmocom.org also reachable at projects.osmocom.org It's your standard red mine we use the red mine as wiki and as issue tracker and And how to get to the juicy wiki documentation is You basically pick a project the cellular Cellular infrastructure is the umbrella thing for most other things and then you just click on wiki and This cellular infrastructure main wiki page would be the main starting point for it almost everything and You can also pick other projects. There are many as You might know so wiki is an ancient Inuit word for hopelessly outdated. So You can register easily, but you can't edit right away simply because we Don't want to allow anyone to spam right away, but I can assure you if you just ask We will just grant you wiki editing rights and you can partake and you can contribute like that Yeah, you can ask publicly on open BSC or probably mail one of us privately at sysmocom as well So don't hesitate Join us if You see outdated or erratic information the Jenkins is yes We still saw lots of wiki spam. That's why we introduced this but Interestingly, there seems to be very little people trying to spam the issue tracker So you can report issues just by self registering you yourself to red mine So yeah, you're allowed to post new issues in the issue tracker, but you're not able to edit the wiki Unless you ask for it first. So for reporting issues. There's no special permission required. I Hope no spammers are listening on the live stream Damn disclose. All right So Jenkins first of all, it's for us to check whether we introduce new bugs Of course, that's limited because we can only run the test suit and That's why we have In an aside we have the Osmo GMS GSM tester being developed where we actually have hardware BTS and modems and we set up all the software to work together and really Physically send an SMS to a modem But the Jenkins basically just the does the make check of of our projects and verifies that that still works and also makes this check and Maybe Debian packages possibly So It tests what gets into the master branch But even before that it tests every patch that we post for review So you will see that later on Garrett. We will have a little tick mark for a patch that passed the make check but also very importantly the Jenkins updates are manuals as Soon as we edit it it basically goes online right away That's why it always has this big draft watermark in the back. So, you know, it's recent and Also, the nightly packages that are very important for new users They also get built every night by our Jenkins and they get published right away So that's what your Jenkins looks like It just happened to click on the open VSC tab and you see our projects being built and then you see This is one odd job that hasn't actually run for eight months. So Take a look at that before you assert that something is wrong. So this is just a legacy the important ones are succeeding but Taking a look at the open VSC. You see that occasionally we do have unfortunately still some odd failures just sporadic if you click on it or actually I clicked on the bottom one and Pick the hold on console output, then this is our or you can investigate the errors. Everyone should know this basically it's very Basic knowledge, but this is just for interest. This is our sporadic failure that we see every now and then it's the broken pipe and one of the Vty tests. Yeah, we also test the Vty input and output So much for the Jenkins Version control is skid obviously and So by the example of lip Osmo core, that's our main upstream lip Osmo core git repository And we also have lots of other projects each in the same pattern. Here's a screenshot of the list and At git osmo com.org you can also view the details like I just showed the logging code from lip Osmo core and If you contribute patches take a look at these websites the coding standards and You would actually submit the patch on Garrett and To get started with Garrett we have this link not Something we should look into now That's just a screenshot of the Garrett. Don't worry about what is listed here. It's just a bunch of patches waiting for review and the Verified tick marks from the Jenkins and these ones failed They still need a patch up and volts plus one as soon as it gets plus two like this one with two tick marks It could be submitted right away and could be merged to master and Right Very interesting source of Quite formal information are the Osmo com manuals like the wiki is more like how do you build from source? How do you what do you need to do this or that like? recipes and so on the Osmo com manuals are your real juicy bits of Definitive documentation on what do the protocols do what VTY commands exist? How how do things connect and we always have the latest manuals at this FTP Osmo com org docs latest and Here you see the bunch of them if you can see it the recent most recent addition the Osmo GSM tester manual still undergoing Development the Osmo BTS user manual the description of what the abyss interface can do VTY reference manuals The NITB user manual so we should soon also see an Osmo MSC user manual probably SGSN What have you PCU take a look there? And that's the draft watermark. I was talking about that's what the manuals generally look like an index clickable references to Sections and to bibliography graphs and You could build from source, but it's Kind of hard for a beginner the easiest and fastest way to get started with with Osmo comm is to go check out the nightly bills we provide Debian packages and Ubuntu the bills are named Xubuntu, but I'm not actually sure if that's the Xfce flavor of Ubuntu or Whether it's really just compatible with your main Ubuntu. Do you know max? Although Ubuntu flavor so the X is for all not for Xfce. Okay, I'll see so until recently we also had Debian 7 but it got disabled and Since yesterday we also named these two on the wiki page for the nightly bills before they were just missing there so You noticed recently and yeah The open Susie page for building Yeah, we use the open Susie build service despite those being Debian packages So there that's what they are packages for lip Osmo ables lip Osmo native lip Osmo ssb Osmo core and so on the libraries Osmo HLR open BSC containing all of the NITB and so on and we're planning to also include 3g packages Like Osmo MSC and IUH and all that stuff as Debian packages soon for I 586 or 32 bit and a 64 bit platform each Some stuff failed there. We should look into that probably so What was I writing here? Oh? Yeah, that's just some more detail. You will find all the details on how to use them on the wiki page Refer to the slides later on Right, so I am through this pretty fast I hope I didn't miss anything or please remind me of Things I should be adding to this information. Yes It says Osmo com GSM manuals. Are you planning to include manuals for 3g also? Yeah, I guess the GSM is historical Also the Osmo GSM tester says GSM, but we will probably include nano 3g soon You only have x86 architecture not only not arm Well, we have builds for the sysmo BTS specifically, but that's from it's from the sysmo com Infrastructure, so that's not really Osmo Osmo com Built but that that's sysmo com provides that openly Okay, thanks Any more questions? No Okay, well then thanks Nils. Yeah pleasure


Right, good afternoon ladies and gentlemen and welcome to this non-farm payrolls webinar on Friday the 8th of July with me, Michael Houston and my colleague, Colin Sizinski, who will be joining us, hopefully joining us shortly. Hopefully he's not going to allow me to free wheel it on my own. I haven't seen him log in yet, but hopefully he will be joining us shortly, but before we get started, let's have a quick risk warning. So anything that you hear here should not be construed as trading advice. What we'll hope, hoping to do is give you some important levels, get an idea of direction in terms of the strength or weakness of the number and also really I think what to expect over the course of the next half hour or so because ultimately I think markets are looking to price in a fairly decent number, I would suggest. Certainly the expectation after the poor number that we saw in May and the ADP number that we got yesterday of 172,000 is given us a slightly positive bias in terms of expectations for today. So just to sort of recap a little bit on what we're expecting in terms of the numbers, for the change in non-farm payrolls, markets are pricing in 180,000 new jobs to be added up from the 38,000 that we saw in May. I mean what was important about the main number was not so much the fact that it was very, very weak. It was very, very weak even when you actually factor out those 35,000 jobs, those Verizon jobs that would have basically taken the number down in any case. So if you add them back in, it was still a very weak number around about 73,000. So what we're looking for this number is for that number to get added back in. So we're looking for the headline number which includes those 35,000 Verizon jobs which will go back into the numbers. So really what we're looking for is a number in excess of 150,000 not including the Verizon numbers. The unemployment rate we're expecting that to rise ever so slightly to 4.8%. The ADP in relation to the non-farm payrolls is the private sector payrolls. So stands for automatic data processing. Usually there tends to be a correlation between the two or the markets like to think that there's a correlation between the two. You can sort of see that correlation here in this spreadsheet. The yellow numbers are the ADP numbers. So we've got 172,000 new jobs yesterday for June 168 in May, 149 in April. What was notable about yesterday was the fact that we saw a downward revision to April from 166 to 149. But if you look at the direction of travel of this red line here, this red line here is the direction of travel for non-farm payrolls, the Bureau for Labor Statistics. And that has shown a significant plunge since the February numbers that we saw of 233. We've come off quite significantly. And what we saw in May was also the fact that we saw a 59,000 downward revision to previous month. So I'll be looking for an upward revision to May which should be broadly dollar positive. But I think more importantly than that, what we really need to see is ultimately a very positive number of 200,000 plus for the dollar to go higher. Now the big question I think is more than anything else is what sort of number would cause us to revise our expectations of a U.S. rate rise. And to my mind that is very, very difficult to quantify because at the moment if you actually look at what markets are pricing in in terms of interest rate expectations for a rate rise this year, this screen here is very, very informative in that regard. It's WIRP on the Bloomberg. And at the moment the market is not pricing in any prospect of a rate hike this month or pretty much September, 5%. Now if we get a very strong number, if we get a very strong number of around about 200,000 plus, we could be expected to see the probability of these numbers to go higher. I still don't think we're going to get a rate rise this year irrespective of how positive the numbers are. But what we will get is probably an upward pop in the dollar. And if that happens that will in all probability push Euro dollar down. So I'm just going to bring these up here because these are basically what we've got with respect to the expectations for the various payroll numbers. And ultimately the most important one I think here with respect to the payrolls is this number down here. The unemployment rate I'm not so concerned about because ultimately that tends to get distorted a little bit by the labour participation rate. So if the labour participation rate drops along with the unemployment rate, the unemployment rate is based on an estimate of people who are claiming unemployment benefit within the next two years. After they've been unemployed for more than two years they drop out of the numbers and become economically inactive. So they're actually not counted as unemployed. So the unemployment rate is not generally an accurate gauge of a tied to labour market. So we need to bear that in mind. Let's have a quick look at the key chart points that we need to look at in the context of where we can go to next. And ultimately it's pretty uninspiring when it comes to the S&P because obviously we had the post Brexit sell-off and since then we've had a slow climb all the way back up towards these 21, 15, 20 areas here. Now we're slap bang in the middle of this area here. But what we do know is denoted by these very long shadows on these candlestick charts here are that there is very, very good demand to buy stocks at very, very low levels. You can see all these long shadows. The market is closing pretty much near the top end or well away from the lows of the day. That suggests to me the market generally is quite happy buying stocks on dips. And it's not really surprising when you consider where interest rates are going at the moment. Certainly Fed funds rate is 0.25 to 0.5. The UK base rate is 0.5. There's a prospect that it could actually get cut to 0.25% next week. I'm a little bit doubtful about whether or not that will happen. But that's for another day. So the key levels I think for me on the S&P, we're right in the middle of it unfortunately. So it doesn't really give us too much in way of latitude. I think currency markets give us a better indication as to where the key levels are. But certainly on the upside, the highs in July around about 21, 12, 21, 15. On the US 30, similar sort of story. We've got a decent resistance level coming in from the highs in April. Decent resistance around there. But ultimately again, we're range trading and US markets are pretty much back near to their highest levels, their peaks. Whereas European markets are not. So we've got a significant what I would call divergence in terms of what European markets are doing, what US markets are doing. And more importantly, what the 1,100 and the 1,250 are doing. But we're getting a decent rebound in European markets today. That's not to say that that will continue. But I certainly think that a decent payrolls number is probably likely to give a little bit of an upward tick to stock markets. Some pretty much across the globe. So you're looking at a rally of around about maybe 9,600 on the top side. Certainly 9,700, a little bit higher up. Similar sort of story I think in terms of the currency markets. Euro dollar is like watching paint dry at the moment. Unfortunately, there's not really too much in terms of excitement that we can do with respect to Euro dollar. But certainly there's decent resistance just above 111. We've managed to find a decent resistance level around about those sorts of areas there. So 111,20 on the top side. But what I'm going to be particularly interested in in terms of a very poor number is this level in dolly yen. Now, those of you who've listened into my webinars on previous months will know that I've been watching dolly yen and it's a great barometer in terms of the strength or otherwise of any payrolls number or any US economic indicator. A poor payrolls number will put downward pressure on the dollar. At the moment we're just above the 100 level. We can see how important 100 level is. It's the 2014 lows. We're around about where it is now. We have been below there but we closed well off there. So there's certainly decent support down here around about 100.2. This is the weekly chart that we're looking at and we can see that here. So we can zoom that in. The downward pressure is certainly the predominant play at the moment and what I would say despite the rebound that we're seeing in stock markets at the moment, the yen is still very, very strong. So one of these charts I think is lying to us a little bit. Risk aversion is very, very high. There is an expectation that ultimately the dolly yen is probably the weakest side is the downside and we're probably going to get a move over the course of the next few days and weeks towards this lower level of 95. So that for me is the weaker side. A decent payrolls number of say for example 200 plus is probably going to get a decent dollar rally back towards these sorts of highs around about and I would suggest probably around about 101. But certainly you can see here we've got a decent area of trend line resistance coming in through here. So what we really want to see is a move through 101.20 to push higher. So a positive number for payrolls could see a move back to 101.20 but I would expect that to hold. A weak number is likely to have a see the market have a go at that 100 level on the lows that we saw earlier earlier in the month around about 100.15. Keep an eye on that. Sterling dollar, big, big level on cable at the moment is 130.50 and that was yesterday's high but more importantly than that we've also got decent resistance at 131.20. So certainly keep an eye on that but this certainly does appear to suggest that we're probably going to get further sterling declines over the course of the next week or so but in the short term I think that the pound is vulnerable to a decent rebound back towards the 130 level, 130.5 or maybe even that 131.20 level. Who knows, we have come a long way in the past two weeks. Ultimately is the market short enough for sterling or will they start to take profit as we head in to the weekend and I think that's the big unknown at the moment. Gold has started to come off a little bit ahead of these payrolls numbers so again a decent payrolls number will have a negative effect on gold. If we look at this weekly chart here we can see this trend line resistance coming in from the all-time highs. We are struggling to get through that right now. This is the weekly chart. We now move that to the daily chart. We can see that in even more starker detail here. So need to keep an eye on that but I would suggest a positive number we'll get a positive payrolls number of 175.182.00. We'll probably get a moving gold back to 13.40. So keep an eye on that. Resistance at 13.79, 13.80 which was the highs that we saw earlier in the month but I certainly think again the bias is probably going to be for a week a dollar. It really depends on how we play it out from here. Brent is also very interesting in the context of the breakout that we've seen below the June lows. So 46.70 on the upside is resistance there looking at the support on the downside around about 45 dollars a barrel and we're going to finish up with dollar CAD for all the Canadian dollar clients because this chart here is very interesting. So the Canadian jobs report we could see a retest of this 131 area. We're in a bit of a range at the moment but certainly above 131 there's a good area of resistance up there which could see some decent selling pressure in the event of either a poor Canadian jobs report or a decent US jobs report. So there's certainly a significant amount of what I would call push pull on the Canadian jobs report. At the moment we're stuck around 130. We've got that support on the Canadian dollar at around about 128.75 but look at the long shadow on that candle so we can see there's decent demand down there for US dollars and short Canadian dollars. So again the bias here is probably for a slightly, slightly stronger number but don't forget we need to keep an eye on first and foremost the headline number and on farms but also the revision. The revision is just as important if we get a downward revision it could be one of those positive post-negative type things. So I always take a view when I'm looking at these numbers is to basically wait until the market settles down and finds its level because ultimately if you don't do that it can end up, you can get end up getting whipsawed quite horribly. Now the markets is looking to price in a little bit of a sell-off and doll again at the moment and the numbers are out. So here we go 14 it's on my word look at that 287. That is a really good number on the headline number 287 much better than expected so that's very positive for the dollar not a surprise they're straight up like a rocket. Obviously we factor in the 35,000 horizon number so 250 that is a huge number. 4.9 percent the unemployment rate's gone up that's probably as a result of the participation rate increasing slightly and yes it is the labour participation rate has jumped from 62.6 to 62.7. Does it make a fair rate rise more likely in July or September? Again I doubt it very much given the concerns about Brexit but look at the average earnings numbers they're at 0.1 so average earnings are slightly disappointing and given the fact that the Fed is concerned about wages pressure that's going to take a little bit of a gloss off the headline number even though the annualised number for average earnings has gone up to 2.6. So to quickly summarise that headline number good knock off 35,252 average earnings probably a little bit disappointing and also if we look at the revision to the headline number the headline revision is 11,000 we haven't seen that at the moment but the main number was revised down from 38,000 to 11,000 so the main number was even worse than expected and ultimately I would expect this June number to be subject to revision when we come out on the July payrolls report at the beginning of August so if you take those two months and divide them by two you've basically got 150,000 over the course of the last two months so ultimately we've got a slightly skewed picture on the payrolls report on the face of it it looks very very positive and it is and it's likely to give the dollar a little bit of a tap and prompt a little bit of short covering and we can see that here and now I'm going to be keeping a very close eye on the highs that we saw yesterday at 101.40 and 101.75 to see whether or not we can take those numbers out there on the downside obviously very bad for cable it's going to push us back down towards the lows of the week but I would be very very surprised if we take out the lows that we saw on Wednesday on the basis of that number I think the momentum while it still favors sterling I don't think markets are going to be going to want to get any more short sterling than they already are that's the euro dollar I think that's going to continue to slip lower we've taken out of the lows of the previous two days and as a result I think ultimately we will continue to drift a little bit lower but overall in the range that we've been in for about the last two or three months gold not surprisingly has sold off quite hard that's not really too much of a surprise we can see that here this is the key support level that I'm now looking at on the short term chart these two these series of lows through here we can also see that borne out by drilling down into these levels here 1335 and through here so see how we react around these levels here as a key support area let's quickly close that dollar CAD has obviously probably gone for a nice little run on the top side because that jobs number was a really really poor number on the back of the Canadian jobs report so let's look at that thing is a good chance that we could probably head back towards the 131 level on the basis of that particular number so again a stronger dollar number we can add there and last but not least Brent Crude pretty much unmoved on the back of that crude oil it's not really moved at all before I move on sort of is there anything else that anyone would like to ask me with respect to what I haven't covered already covered euro dollar dolly end cable the s and p have a quick look at that I can't imagine that's going to be too significant but I would imagine that we'll probably retest the highs these peaks up here that does appear to be what we are currently doing 21 20 looks favorite for that one I've just been asked how I get the boxes with the with the data in it that's a very good question and it's fairly easy to if you go to market pulse and you go to the market calendar you can see a whole host of data items here and what I generally do is I take the boxes so in other words if I'm expecting a number to come out so let's say for example I want to be alerted when this particular data point is due out I select the box and what it will then do five minutes before the number is due out it will pop up onto the screen and it will always remember those settings so that when it comes up a month later you will then get that come up again so for example if I want to remind myself next week that we've got the bank of england rate meeting which is likely to be a very very big data item what I can do is I can scroll all the way down until we get to the 14th and I'll select that and the market calendar will remember that and then 15 minutes before the announcement is due to come out it will flag up this little box and it will stay there in the window until such times as the announcement is made so very very simple very very easy to do go to market pulse select market calendar and then select the item that you want to be alerted to and it is a very useful function because what it does it saves you an awful lot of market angst if you select that it'll suddenly warn you 15 minutes before if you've got a position it'll give you obviously then gives you the option of either covering the position putting a stop loss in if you haven't already got one in which you should have but sometimes if you're sitting at the desk you've got a stop loss in mind but ultimately you want to basically sit there without actually programming it in so that's how you do that market pulse is very very useful for other little tip bits like chart forums or insights or even Reuters news so you can see Reuters news you can pull that up and it'll basically tell you the headline numbers so you can see there those are the main headlines 287 against 175 may revise down to 11 from 38 unemployment average earnings up but by less than expected so ultimately given all the concerns about Brexit given all the concerns about China as well because this is another factor that I think we all need to bear in mind when people are talking about the Fed and hiking rates at a beginning of this year the market freaked out when the Chinese devalued their currency from levels around about 655 all the way up to 670 and there was concerns about deflationary shock rippling out over the course of the global economy now the Chinese authorities then came back to no no no we're not going to be looking to devalue the currency you know we what we're doing is we're just adjusting it lower ever so gradually and markets calmed down this came back down again until it's rebound and now look we're back here and while everyone else has been distracted by what's been going on with respect to all the Brexit anxiety if you like we're now back at the levels that we saw at the beginning of the year more importantly Chinese growth GDP is not showing signs of picking up to a greater you know to a significant degree and that's a worry and I think the concern is that this will continue to edge higher and the last thing that the the the Fed wants is more deflationary pressure and we also can't underestimate the effect the effect that a deflationary shock from the sharp set off in the pound that we've seen over the course of the last few weeks the last thing the Fed wants is a very strong pound also pushing out a little bit of a deflationary shock into the global economy as well so we can see from these numbers that wage pressures are increasing they're ever so slightly increasing there's certainly not increasing in any way the level that we thought they would be and we've also got concerns about stronger stronger Chinese a weaker Chinese currency in a weaker pound potentially depressing depressing inflation over the course of the next few weeks as well and the last of the last thing the Fed wants is a strong dollar and certainly if we look at where the dollar index at the moment is it is now starting to edge back up to the highest levels that we saw in the wake of the set off post post 23rd of June back towards these levels here so Fed's not going to be too happy about that because ultimately it's going to make us exports that much more difficult to offload right finally ladies and gents keep an eye keep an eye out on US treasuries trading at record highs yields at record lows we've seen that come off quite considerably so if these if these prices these prices still showing significant signs of weakness there but we've rebounded quite strongly there so rising prices falling yields those prices didn't stay low for very very long so again here the market's not really buying in the narrative into the narrative of a significant higher dollar and we've seen that dolly yen is now lower after peaking just below the highs that we saw yesterday 101 40 the high was around 101 29 so again anyone who bought into that dolly n rally is probably sitting a little bit uncomfortably right now the momentum still favors a lower dollar before I sign off ladies and gents are there any more questions on any of the functionality or our expectations for next week or anything like that more than happy to take them now that we've got the payrolls data out of the way we do we also do have a weekly webcast on Mondays at 12 15 which you can sign up for on the learn and analysis part of the CMC markets website again you know free to join no obligations and what have you just have to leave an email address a valid email address um otherwise in the absence of any further questions um I will uh I will sign off and wish you all a profitable afternoon trading okie dokie all right ladies and gents thanks for your company today and hopefully see you same time next month for the august pay or the july payrolls report which obviously will be the first friday in august thanks very much cheers


Going on everyone Sam here with late in sports cards. We are ripping at 22 leave valiant football hobby 8 box case break number one Random team style There's a look again at your end results as always you'll find these on the website under the results tab as well as the Lincoln chat It's a good luck everybody. Let's do it Get trusty Google up When I inevitably don't know someone's name or know someone's name, but don't know Where they are again each Each has seven autographs plus one autograph press proof per box. So yeah, it is just eight autos Okay Yeah, leaf valiant Hobby is just a it might be a leaf valiant jumbo. That's got ten There is a I believe I hobby in a jumbo version. Nice. All right. Well, we're starting off with the Titans. That's gonna be leek. Willis 20 of 25 we have to do it Second going to the Jets Jermaine Johnson one of 15 I think you have to do everything I think just the Next up this is gonna be random to all Malachi Nelson. That is 8 of 10 Johnson's where Jets This guy is somewhere When your hands get random. Yeah, that's random. This is gonna go Falcons. We've got Slade Bolden rising stock 10 of 30 Slade Bolden. This is going Eagles. We've got a Slade or not slade Josh Joe 5 of 20 here comes the boom Josh Joe going to Eagles I know this guy. She's don't remember where this guy is. He's in the NFL though. I Think he's an eagle too. Yep. Going to the Eagles again Grant Calcutta era One of one nice one there for the Eagles. I don't know these players. I Just know him from what's it called Contenders, but they're on my team. Oh, I know this guy. This is going Cardinals, Stray McBride Oh, yeah, nice one there three of three again. If there's anybody that has been drafted In 2023 they will go to the team. They're currently on as well We've got Brian Robinson, Jr. Nice one there 21 of 40 ie this next guy This next one is gonna be Jameer Gibbs nice one there that is gonna be Going to the Lions Jameer Gibbs going to the Lions. I don't know this one This is a random to all at the end.  I Feel like there's something you can do with that. I Am a leaving I believe in this place Nice one there. That'll be a random to all at the end. All right second box. Here we go Okay, it's tight end a little nice Maybe he can be that good. Maybe he can compete with second string next to Goddard true All right, and again just so you guys know the way this random is gonna work is we're gonna do one random at the end and So for the What was the first one that we pulled Malachi Nelson? Yeah, so we'll random all of the names or teams eight states eight times It'll be Malachi Nelson will go to the first team Nico I'm a leave will go to the second team all the way down So everybody has a fair shot and nobody ends up getting like five autos extra Tanner McKee that is gonna be five of six I think he got drafted this year if I'm not mistaken or he transferred I don't remember now Eagles Tanner McKee got drafted this year the Eagles Eagles again, it's gonna be Nicoby Dean that is Five of five This is gonna go Rams He was most recently on the Rams practice squad is gonna be Jakari Robertson five of 20 Next up going to the Giants is gonna be Evan Neil that is four of 25 No, that wasn't a random. That's going Rams. That's right. My bad. No, I You're good Evan Neil I put a sticky note on it for some reason I wrote this guy This is most recently he was on the Saints Abram Smith and it's gonna be five of 20 Where is it? Saints next up going to the Texans is gonna be John Mechie eight of 30 Nice one there Going to the chiefs all American auto is gonna be Trent McDuffie seven of seven going to chiefs Nice one there. Yeah, this is a random to all Corey Kiner. That is gonna be 19 of 20 another random tall is gonna be Eight of 20 Caleb Williams nice one there for USC, but for the randoms, are we going in order like we've done before? Yeah, okay. Yeah, so like so like this guy will be number one and that yeah, you're doing you're doing it perfect Another random tall to the end is gonna be K-tron Allen K-tron Allen one-of-one press proof or a Penn State still at Penn State All right, next box. Geez the back of that card really throws your eyes for a It's like we're gonna fly the scope Now you can see why I was like you were gonna be way behind Okay, I think this guy's in the NFL. I don't know where though. It's gonna go Titans. He was drafted this year Josh Wiley Or Josh while that'll go Titans Next up going to the Eagles again. Here comes the boom of Jordan Davis two of seven Jordan Davis, I know this guy was somewhere because we pulled him I believe Currently for agent play with the Bengals J-von Haley Five of seven take it to the house J-von Haley going to the Bengals Got going to the Chargers that is gonna be Isaiah Spiller 22 of 30 Yep, another random to all Tyler van Dyke that is gonna be 14 of 25. Yep. Still at Miami Followed by going to the Falcon Tyler Algier for a five nice one there Boston College. Yes, I think I think that might be Jacobic.  He's currently at Texas Three of 40 there we go. There's one. That's not that's gonna be Chris Olava. I go to the Saints. I swim there Saints and Going to the Steelers Calvin Austin rising stock press-proof one-of-one Who know Dave? No one of the Steelers. All right box for Johan Dotson going to the Commanders nice one there commanders to 30 Random to all is gonna be a Mecca Egbuca 22 of 25 still at Ohio State end up like 15 deems are gonna get card dude Jeremy Rucker, it's going to the Jets four of ten Nice one there Jets all-American Back to the Eagles is gonna be Grant Calcuttaira Eagles are doing pretty well. He goes are doing really well Okay, another another random to all is gonna be Jermaine Burton That is green 28 of 30 Next up is George Carl Aftis that is five of 15 going to the Chiefs Furious George Carl Aftis All is gonna be Evan Stewart. That is 20 of 25 Ram to all there Six of seven is Cameron Ward. I think he might be a random to Washington State. Yep. That'll be a random We've got nice Garrett Wilson. That is five seven going to the Jets. That's not a random there you go Jets and That is Tray Sean Holden Tray Sean Holden on the one-of-one press-proof American football wide receiver That is a random as well All right box five here Just gonna do one random at the end. So everybody's got a fair shot at everything Kyle Phillips. I think he's Yep Tennessee Titans. Oh, let's go. Nice. Aiden O'Connell. That's going to the Raiders. Very nice 204. Oh Yeah, okay. He was a pretty square back. What's it? Okay? That makes sense Take it to the house. That is Broncos 404 Tyler Beatty. He was drafted by the Ravens now on the Broncos Tyler Beatty going to the Broncos. This will go to the Ravens. That is gonna be Kyle Hamilton I don't know if you ended up doing it, but O'Connell almost broke your breezes record. Did he really? Over 350 more passing yards a game. Wow. That's pretty cool. I think he had like 11 of breezes like 12 or 13. Wow damn Uh Filger Kovac, that'll be a random Filger Kovac, 11 of 20 Again, I'm gonna say if there's more than 28 or whatever it is It'll just go whatever's on top will get 29 30 31 32 basically because that might actually happen Another random is gonna be Max Johnson that is 17 of 20. So outrageous That's one there I guess so Calvin Austin that's three of seven going to the Steelers again second Calvin Austin Yeah, take it to the house Three or nine of ten Damian Pierce for the Texans. We've also got Aidan Hutchinson. That is gonna be eight of 25 Eight of 25 Aidan Hutchinson for the Lions other random Peyton Thorn one-of-one crystal snakeskin Printing plate Drew. I was actually thinking that as well, but I wasn't sure if I was crazy to think that or not No, I think that's legit I just didn't realize he got drafted because when you said that either everything kind of came together I'm like, oh that makes sense like Charlie joiner got taken like the fourth round to true. He was like Think for all college football. He's like up there with numbers But he's also like 24 so that's been ridder nice one there. That's gonna go to the Falcons Eight of 20. This is another random Ty Thompson Eight of 30 still at Oregon another random USC Mario Williams Four of five nice one there. He's a stud He's a star. I don't think he got drafted right now still a USC cool Him a Brian Hoyer. Oh my god, Pierce Strong Jr. Going to Patriots 19 of 20. There's yeah, true probably right Shane Xavier worthy that is 20 of 20 They get random bit. Let me type Yeah, a lot type me That's how we used to do these we would do like a full case of it made more sense though Yep, that is Xavier worthy that'll go random as well Skymore take it to the house for a 15 for the Chiefs Vila Jones Jr. That's going to the Bears four or five We've got going to the Rams Kyron Williams Take it the house 23 of 25 Kyron Williams this since he got drafted is going to the Panthers Bryce young Nice one there. Congrats Carolina number one overall pick Bryce young redemption and Going to the Jaguars Trayman Walker all-american on the press proof one-of-one crystal purple There you go blind everybody watching Man, alright, okay, this is you Texans is Xavier Hutchinson 1930 We've got a Jerome Ford going to the Browns two of 25 color match for the Browns One-of-one printing play Jerome Ford going to the Browns Nice one there for box. Yeah, this will be chiefs. He's most recently on the Chiefs is Chris a lot of con two of three he was drafted by the Steelers wave picked up by the Chiefs practice squad This guy sounds like he's still in college Yep, LSU random to all Garrett Nussmeyer That'll be six of 25 Right up to all Doesn't look like it's there yet, but good Panthers. That's gonna be Matt Corral four or five Congrats Panthers We've got going to the Cowboys that is gonna be Jalen Tolbert one of seven forgot about this guy going to the Patriots Malik Cunningham Nice one there congrats Patriots five of five Nice one coming up here. Actually that is gonna be a hendon hooker ten of 20. That's going to the Lions most recently drafted in the second round by the Lions and Another random to end us Phil Jacobic clear black one-of-one Yeah, we pulled my Second one to the break right there. All right But CJ Stroud has not come up yet. He might honestly he's in here for sure They're gonna use Cunningham as a wide receiver. That'd be pretty cool. Honestly this guy's still in college gonna be a random Sam Hewitt all American auto at 7 of 7 Random to all we've got Sam. How let's go into the commanders nice one there pink ice 205 Sam how commanders? Followed by going to the Jetsauce Gardner nice one there Congrats Congrats here comes the boom 205 for the Jets Let's go Packers jade and reed nice one there to a 15 our Jericho shoulder got going to the Bears jacquan brisker one of seven Nice one there bears jacquan brisker Followed by going to the Packers Romeo Dobbs that is 13 of 15. Oh, whoa, whoa Was I gonna say it just got blurry for a second look ever. Yeah We've got breeze hall going to the Jets 5 of 7 take it to the house Breeze Hall for the Jets That's gonna be Zemir white 2440 going to the Raiders take it to the house another random to all rising stock is gonna be 16 of 20 Niko. I'm a lever. I am a lever. I'm a leave in and Last card of the break is Let's see if he's still in the car Kansas City chiefs That'll not be a random is Jerry on Ely Jerry on Ely. All right. Well, we got this is the stack of randoms We have just see you guys know right here There's top loaded cards in between. Yeah top loaded in between the mag. So one two three four five six seven eight nine ten eleven twelve 13 14 15 16 17 18 19 20 21 22 so 22 teams and Combos are gonna get a card as well So again, it's just gonna be an order. We pulled them So Malachi Nelson is the first random we pulled that'll go to the first team after the random all the way into the last Niko I am a lever, which will be number 22 or whatever it is. So I'm gonna leave it. Yeah, Donnie will be leaving after this for sure All right, so College cards All right guys gonna roll the dice gonna go just three times one Two and three. All right, you ready? Lions, okay Lions first done second Is gonna be the Panthers Bears combo? Let me know you get to Caleb Williams do I can congratulate whoever got that third is gonna be Titans. I can't write Fourth is gonna be Chargers. That is the Williams Congrats Chargers with the Caleb Williams It's probably the biggest card in the random outside. Okay fifth is gonna be bucking ears okay sixth Falcons Okay, seventh will be Colts eight will be bills nine Cowboys Okay, ten will be Texans 11 will be Saints 12 will be Packers 13 will be Giants 14 will be Jaguars 15 will be the Vikings Raiders combo 16 will be Patriots 17 is going to the Eagles Rich guy richer on that one 18 will be Seahawks 19 will be Bengals 20 will be commanders 21 will go Dolphins and then 22 will go to the 49ers All right. Well, that is gonna do it for the break everybody. Thanks again for getting that filled up up next We've got our jersey mixer


Welcome back. We'll just continue. So we were talking about why it's important to look at culture. Any other thoughts on why is it important to consider the culture of that time or of the passage we're reading? So sometimes one example that's given here in our text is we might understand it from our model, like we think in a certain way. And when we read that passage, we'll interpret that passage from our way of thinking. And so we might view something as maybe oppressive to women or something that is biased in some way, because we've not understood what was that context. What does this mean in that age, in that time? And if we don't understand that, then we are understanding it based on our cultural lens. So first of all, we have to recognize that we have our culture and we have a lens through which we are viewing scripture. And then scripture has its own culture. So to be able to understand our own culture, to be able to understand what is scripture's culture and then be able to apply it to our lives, take the truth from it and apply it to our lives. So when we look at culture, there are different things that we consider to be part of every culture. There's the political environment, the religious practices of that culture. So we see, I mean, even today this is true that a specific group of people, like a nation, may have their own religion. So that is the predominant religion of that nation. So that influences the culture, how they operate, what they view as acceptable, what they view as unacceptable. So there's the military, so how did their defense system function? We see in scripture where, when it's talking about putting on the armor of faith, it's referring to what was common to the people at that time, what they were using in back. Today we don't go out with the same kind of things. We don't go out with arrows and bows and all of those things. But that to them was what they were seeing. They understood that as their way of defending their country, of protecting themselves. And so understanding that scripture passage in the context of what they were familiar with, there's a legal system in place. So how were legal cases judged? We will look at how Jesus was tried before the Roman authorities. Why was he taken to the Roman authorities? How did they try him? Even the legal system within the Jewish thing, within the Jewish kind of structure, the religious structure, how did it function there? And how can we understand Jesus' trial from that perspective of understanding how they tried cases? Was Jesus' trial fair in the first place? All of those things. So knowing what were the practices of that time, to be able to understand what we're reading in a much more realistic way. Because the readers of that day would have read it and they would have immediately understood what was happening. But we come from such a different time that we don't understand the nuances that are there in those stories. And so we have to study these things. We have to look at the background. The agriculture. Why does Jesus use so many examples of farmers of sowing seeds? Because it was an agricultural society highly dependent on agriculture for their wealth. And so when he's using these examples, that is also something that is very common to the people. They understand what he's talking about because they're seeing it all the time. They are practicing it. So another thing for us to learn is Jesus was using their everyday experiences. So when we are preaching or when we're teaching, how are we using people's everyday experiences to explain scripture? We can't use the same examples of agriculture. We can't use the same examples of shepherds. Because where do we ever see shepherds? We don't see shepherds. We don't know what the way shepherds function. Why don't we understand what is a staff? What is a rod? We go in and we study the meaning of those things because we don't see shepherds around us. We don't know what those things mean. So for us also learning from Jesus' preaching style, using the things that people are seeing in their everyday lives to communicate truths. There's a social aspect, how people related to each other, what was the different statuses in society. Also recognizing that there were so many different cultures within this Roman province. There was the Greek culture. There's the Jewish culture. There's the history that they have of Greeks ruling over this place. Understanding all of those things, how do all of these people relate to each other? How do Samaritans relate to the Greeks? All of those social structures. The economy, how the taxes that the Romans were collecting. The temple taxes that were collected by the Jews. All of those things, understanding that. Understanding the architecture when they talk about how beautiful the temple is. What was it that was beautiful about the temple? How did it compare to the architecture of that day? There are so many descriptions of things that were happening. Solomon's Colonnade. So what was that? Where was that? How was that place being used? All of those things help us better understand the context. Clothing.  In the Old Testament, men should not wear women's clothes. Women should not wear men's clothes. What does that mean? All of those things. Geography. So where did these things take place? Was there a sea close by? Who were the people who lived there? There were fishermen. There were shepherds. There were Samaritans or Jews. There were Gentiles. Who were the people? So understanding the geography. And then understanding the family and home. So the father as the head of the home. The most senior male member having authority. Some of those things may still be part of our culture, but some things may be very different. So understanding how all of these familial relationships happened and also how did the family operate. There's so much teaching in the New Testament about how husbands and wives should relate to each other. How parents should relate to their children, children to parents. How slaves should obey their masters. All of these things that we don't see. We don't see slaves. We're not directly exposed to it. It's definitely there in existence, but we don't see it in our everyday lives. So understanding all of these things and then interpreting the passage based on how was it functioning in that culture. Okay. So some of the questions we need to ask when we recognize that there is a cultural gap. There are things that were done so differently in those days than is done here in our present time where we are. How do we read scriptures? Do we take everything in scripture and we just practice it exactly as scripture talks about it? Or do we try to differentiate between what is cultural and what is a principle that we need to still follow today? That is one aspect. The other is how much does culture influence scripture? So when we are reading scripture, we have to always be worried that there's some cultural aspect I'm missing. Maybe I'm misunderstanding this passage.  And then how do we determine which teachings we need to transfer and which teachings we don't need to transfer? What is just a cultural thing and what is something that is normative, something that we still need to be following today? So we're going to look at a few examples from our textbook. So this is just a list of different verses and we need to decide whether it's a permanent practice that is something that we still need to follow today of its temporary that something that was followed in that culture we don't need to do the exact practice. Maybe we need to look at what was the truth underline that practice and follow that truth but we don't need to follow the exact practice. So if it's something we don't need to follow exactly it's considered as temporary. If it's something that we need to follow exactly then it's a permanent practice. So greet one another with a holy kiss. Is that permanent or temporary? Temporary. Everyone agrees? Yeah, online as well please. Okay, so that was a temporary practice limited to that culture, right? That was their standard way of saying hello to one another or like how some people will hug, some people will shake hands, some people will fold their hands whatever a way of showing respect, of acknowledging one another showing love towards one another. Abstain from meat sacrifice to idols. Temporary, permanent? Okay, temporary? Okay, let's see. Any other thoughts? Who are saying temporary? Who are saying temporary? Okay, and permanent? Okay, we'll decide when we click on this. Okay, so it's a permanent teaching in that the truth of it is don't participate in that worship of idols, don't participate. So when Paul talks about it specifically he's saying when you eat that meat you may cause somebody else to fall because somebody believes that that idol is God, right? And so they believe that there is some significance to that food and so if you're participating in it they believe that you are participating in their worship. So for another person who is not so strong in faith you may be a stumbling block to them. But for yourself you know that that idol is not God and so when you're eating that meat there is no significance to that meat. It's just good food and you've prayed and you've blessed it in Jesus' name. So we understand those teachings of why was he saying abstain from it is because it may cause somebody else to fall. He's not saying abstain from it because there's something wrong with the meat itself. So from that perspective it is a permanent teaching. Be baptized. Permanent. So be baptized is permanent. Wash one another's feet. Just because you don't want to do it. Wash one another's feet is temporary, limited to that culture. A way of welcoming, showing respect to your guests. That kind of thing. So especially an act that a servant would do. So when Jesus does it it's really like he's really lowering himself to do that. Yes. If you know these things, let's say that if you do that. John chapter 13, 17. The commanding disciples to wash one another's feet. So is it more in relevance to how humble and you need to be not like Lord of all as a master but as a master you have to serve. Yes. There are still some practices that are not mistaken like you know, I'm not sure it can be quite wrong but there are some places where they actually do that. They wash people's. Yes. I don't know about like places where it's practiced regularly but I know that people do it in certain like sometimes when they are... What's that? I'm not sure there's one pope who are actually done it in the recent... Okay. Yeah. So I think they are taking that like following Jesus's example literally which there's nothing wrong with it. It's just to say that we don't need to start doing that all the time. That doesn't need to become a regular practice within the church. We understand what the purpose was. Yeah. So to take that truth, the underlying truth and follow that. So what does it mean to have the heart of a servant even though you are the leader of a certain place? How do you still serve the people with that kind of humility? So what might that look like in your culture? It may be something like just adding chairs, setting them out for a meeting. You don't need to do that because you're the leader but you do it because you recognize that you are also serving people. So those kinds of things where you lower yourself, you don't allow people to put you in this on this platform and always be serving you rather you choose to do things that will also serve others. Okay. Anyone else has any questions, thoughts? Okay. Extend the right hand of fellowship. Permanent or temporary? Permanent? Okay. Everyone agrees on permanent? Everyone's a little bit confused. Okay. So again it's a temporary practice because the principle behind it is that you warmly welcome people into your gatherings. You extend love, so you extend brotherly or sisterly love to people. That is the, so you do it in whatever way is app for that culture, that situation. So some places the men and women don't shake hands. So if you're saying we all have to extend the right hand of fellowship that means we all have to stretch out our right hand and welcome somebody. Someone may not be comfortable with that. So how do we show the same kind of love and acceptance of people in a way that is culturally relevant or in that setting what is, how do you express fellowship? How do you express love towards one another? Ordain by the laying on of hands. You want to read the passage, Acts 13.3. Acts 13.3. Then after fasting and praying they lay their hands on them and send them off. Okay. So this is where Paul and Barnabas are being sent on their first missionary journey before that that's their commissioning or they're sending out. So any thoughts? Yeah. Yeah. Okay. Big thoughts. Anyone online? Okay. So if we look at Hebrews 6.1 and 2, we'll just open to that. Elementary principles of Christ. Let us go on to perfection. Okay. So here we see laying on of hands as included in one of the basic things of faith, right? All the other things are things we continue to believe, right? Fundament. So they're saying things of fundamental importance, repenting from evil deeds, placing our faith in God, baptism, resurrection of the dead, eternal judgment. All those things are things that we continue to believe in. So laying on of hands is something we continue to follow as part of that as something that's included as one of the fundamental practices of fundamental beliefs in our faith. So in that regard, it's considered as permanent. Okay. Prohibit women from speaking in a church assembly. Temporary. Okay. Okay. Yes, it's temporary because it is about that specific context that Paul was talking about and we'll actually be looking more into it later on. So we won't go into it now, but it's within the context of that church, what was going on there, all of those things that he's giving that teaching. Have fixed hours of prayer. Permanent. Okay. Everyone thinks permanent. You can pray anytime. Okay. What's it? It's also have a fixed prayer. We can pray anytime, but we should also have a fixed prayer time. Yeah. So the verse that's given you is Acts 3-1. So it says, Peter and John went to the temple one afternoon to take part in the three o'clock prayer service. Okay. So they had a prayer service at three o'clock. Should we continue to have a prayer service at three o'clock is the question. Do we need to follow that practice? Okay. So yeah, from a perspective of discipline, and this is personal or even as an organized prayer thing, we have to have a fixed time to meet, right? We're going to have our church service. We have to have a time, but we don't have to have three o'clock. We don't have to continue to follow that. Oh, we will have to have our church services at three o'clock because they had their church service at three o'clock. So from that, so we are taking that principle and we follow it, but we don't take the exact practice. So it's temporary from that. So to understand where we are following the exact practice and where we are taking something that is good, like the principle or the truth and following the truth without the exact practice being followed. Okay. So this will be temporary. Colossians 316 sings songs, hymns and spiritual songs or sing songs. Permanent. Okay. Permanent. Okay. Yeah. One line of the permanent. Okay. Yeah. We continue to do that in our services and we continue to do that as part of expressing our faith to God and all based on scripture. So it is permanent. So how do we decide that something is permanent or temporary? It's not based on, okay, we are seeing it today happening today. So it's permanent. We're not seeing it today. So it's temporary. We're not basing it on what we are seeing. Yeah. Yeah. We base it on what scripture says. So we look at some of the ways in which we can discern whether something should be considered as a temporary practice or something should be considered permanent. So a few more examples, abstain from eating blood. So this, okay, what was it? Temporary. Okay. What's that? Permanent. Okay. And online. Permanent. Okay. So this is a little confusing because we earlier looked at abstain from meat sacrifice to idle abstain from eating blood is can be considered as part of that. Now it's considered as temporary because of how blood was viewed in that culture. Blood was viewed as carrying the life of the animal. So when you sacrifice the animal, if you're eating the blood, you're kind of like consuming something that is part of their life, but also because of health purposes of how it was, especially in Jewish culture, we see that. But so that's something we see in Jewish culture. And then acts 1529 connected to idol worship. You must abstain from eating blood, but eating blood separate from idol worship from sacrifices offered to idols is part of some people's diet. So we see when God, when Peter has the vision of all animals are clean. The truth that's revealed in that is what you consume cannot in any way make you unclean. Right. So if you're eating blood, which is not sacrificed to idols, then it is just something that is part of your culture that is not wrong. So when we read, let's just read acts 1529. If someone can read that for us. That you obtain from what has been sacrificed to idols and from blood and from what has been stangled and from section immorality. If you keep yourself from these, you will do well farewell. Okay. So this is written to this is the letter that's written to the Gentiles because there was some teaching coming to the Gentiles that they have to follow Old Testament law. They had to be circumcised, all of those things. And then the Jerusalem church writes this letter to them saying, don't eat food sacrificed idols.  Don't eat strangled meat. So it's in the context of animals that are sacrificed. Okay. So if it's just some other animal and it's part of your diet in your culture, it's a different it's not considered wrong as per scripture. Okay. Slaves obey your earthly masters. Okay. Okay. Okay. So most countries now it's illegal to have slaves. So that's one side of it. But we again, so we in the church, how do we take this teaching? What do we understand from it? We understand the principle of it that as people who work for work under authority, we will walk in obedience, but we don't have the same practice of slavery. So in that sense, it's a temporary thing. Okay. So we won't follow the practice of slavery, right? Within the church or within our culture at least this and I think most places it's illegal. We don't follow that practice of slavery. But we follow the principle of obeying your authority. Okay. Understood that. So that's what we are saying. Anything we're taking, we'll take that principle. So what is the principle is reverence to Christ who is our master and to respect the authorities that he has given in our lives. So it may be our employers, whatever. But the practice of slavery is not permanent. So that is the difference. Observe the Lord's Supper. Permanent. Okay. Permanent. Thank you. Do not make any oaths. Permanent. Okay. Everyone agree online also. Do not make any oaths. Yeah. Permanent. Be circumcised. Temporary. Right. So these things are the ones that are simple. That's clear. So why do you all say that be circumcised is temporary? Okay. Christ was circumcised on Abihab. Okay. Anything like specific from scripture that you can point to why is being circumcised a temporary? Yeah. So scripture in the New Testament teaches that we are no longer under the covenant of the law, but we are under the covenant of grace. Right. We see clear teaching from even the passage we read in Acts 15, where the Gentiles are being taught to, some people are saying Gentiles should be circumcised. But the leaders of the church say it's not necessary for you to be circumcised. These are the only things you need to continue to follow. Right in the New Testament, it's making a change in the rule for new believers. New believers no longer need to be circumcised. They need to, but there are some certain things from the Old Testament that they still need to follow. Or there are some things that they still need to continue to practice. So that is going to be one of the principles that we will take into consideration when we are deciding whether something is cultural or something is temporary or something is permanent. Has the New Testament said something specifically saying you no longer need to follow this? Some things we, it's like this we already know intuitively. We know that the New Testament teaches this. We know it's a temporary thing. So that's one way to discern. Wear sandals, but not an extra tunic. Temporary. Yeah. Yes. Temporary. And then cast lots for church officers. Temporary. Okay. So, yeah. So we know a lot of these things. We'll just look at why we consider some things as permanent, why we consider some things as temporary. What are the principles we use when we make that decision? So, yeah. There are two tasks we need to decide whether how was, how was a certain text to be looked at in that cultural setting? And what does it mean in our context today? Okay. So in that culture, how were they reading the text? How were they receiving the teaching? And how does this apply to us in our context? Those are two decisions when we are reading scripture or two ways in which we look at the Bible. So some of the principles, one is, is it repeatable? Is it something that we see continuously in scripture? So from the Old Testament to the New Testament, do we see that practice continued? Do we see that it has not been anywhere revoked? So like we talked about the circumcision, it's clearly said you don't need to be circumcised in the New Testament. So that is an example of something that has been revoked or something that is kind of withdrawn from the things that we need to do. Okay. Then another print. So is it repeatable, continuous or not revoked? Is it a moral or theological subject? Is it something to do with a standard of right and wrong? If it's right and wrong, like this is sin, this is not sin, then it shouldn't change, right? What was considered wrong will still be considered wrong. For no reason will that change. So it's not a, is it something that is moral or is it theological? Something about God, something that has been revealed about God, won't change over time. God is one way, one time, another way, another time. Is it repeated elsewhere in scripture? So has it been repeated as something that is continuing to be followed in the church, in the New Testament, or repeated as something that we should continue to do? So some examples here. Genesis 9.6. Okay, we'll just read that passage. Genesis 9.6. Genesis 9.6. Whoever sheds the blood of man, by man shall his blood be shed for God made man in his own image. Thank you. Thank you. So that has not changed. There's no other place in scripture where it says, now you will no longer, that will no longer be the punishment for murder. Right? So if somebody takes someone else's life, the punishment is that their life will be taken. Now this is also up to the justice system of that country. So the country may decide that they're not doing capital punishment or that they're doing lifetime imprisonment, whatever it may be.   Okay? Pauli gimme to monogamy. So in the Old Testament, we see that we don't see it in Genesis. We see Adam had was Eve was made for Adam. But after that, the cultural practice was that there were multiple wives for one person, one man had multiple wives. That was part of the cultures of the surrounding and people started to follow that. But in the New Testament, it's clearly taught that you should only have one wife. There's no teaching on you can stay faithful to all your wives. You shouldn't divorce any of your wives. There's only one wife and you shouldn't divorce. Once you've come together, you have become one. So there's no possibility of then becoming one with somebody else. So based on New Testament teaching, we don't follow Pauli gimme. Okay? Nazarite was led to grow his hair. So in the Old Testament, we see that some people who were specially set apart for God were asked not to cut their hair. So Samson was asked not to cut his hair. And John the Baptist also actually was somewhat like a Nazarite. Similar commandments to what was given to Samson. But again in 1 Corinthians 11, we see that long hair is considered dishonorable. So how do we understand that? How do we interpret that? So we understand that in the Old Testament where it was written, it was because of that culture that it was written in. Also in the New Testament, it was because of the culture in which it was written. Okay? In both places, there's no command to grow your hair. And the long hair example is used more from the context of covering their head and that kind of explanation that Paul gives. So when we are looking at the covering of the head, we look more in detail at that. But basically not everyone has to grow their hair. And long hair again is dependent on what is your definition of long hair. But it was in relation to the covering of the head. Okay? So we ask, these are two questions to ask when we are deciding if something is a cultural practice or a permanent practice. Ask if it has been revoked or replaced by some other teaching. Okay? So now we're not going to say all men have to grow their hair because you are all going to serve God now. You all have to grow your hair long. Okay? So the Nazarite, because the Nazarites in the Old Testament, we don't say that because we don't see that being commanded in the New Testament. And then what was the last command on the topic? So those are two things we'll ask. Okay? I think we can stop here. We still have some stuff left, but we can continue. But are there any questions, any thoughts? Without the scriptural reference, the mindset and the thinking goes in a different pattern. But with those scriptural references, then you really tend to understand it's temporary. Yes. So reading the actual verse in the Bible, looking at what was the context within which it was written is very important. Yeah. Okay. Sanjay had also shared one circumcision. Paul called for circumcision of the heart. That is a spiritual circumcision. Yeah. Okay. So there's no other questions. We'll take a break and come back at 11. Just Lucy said you're still not able to view with another student. Be able to help Lucy with that. Please. Okay. So I'll keep the chat open, but I'll just end the class for now. Thank you all for being here. Thanks.