All eyes are on Chinese shoppers and gamblers on Friday.
As the world's second biggest economy slows, Chinese are becoming more cautious about spending on luxury brands.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Chinese cut down on luxury shopping
Hugo Boss (BOSSY) is the latest company to feel the pinch from the slump in China. The German fashion brand is tanking 10% in London, after cutting its sales earnings outlook due to tougher conditions in Asia.
Burberry (BBRYF) and Louis Vuitton (LVMHF) both blamed China for weaker sales earlier this week.