 Hi, good morning and welcome to these products and focus well today's the Scottish referendum and last night overnight We also had the FOMC that came out with a statement about reducing their bond buying program by about another 15 billion But also that they wouldn't raise rates before it was the allot of time They kind of basically came out with a rhetoric which was a considerable period of time which didn't go into any details on But the markets have reacted very favorably as to there is still going to be a rate rise sooner rather rather than later So equities to a certain degree bounced up in the news first of all hanging an all-time high for the US 30 Then people took stock of the fact that actually the rhetoric is that they will raise rates based on the on the economic fundamental data The initial response was equities been flying up thinking we're gonna have a later rate rate hike but then after doing a little bit more research and taking stock of things there is a little bit of a Restore of cam before we finish bang on that potential resistance at 17162 the USD is just like just Gone great guns against the basket of currencies. We'll come back to that in a second. So Scottish independence boat today I think there's still the mindset here looking at a lot of a lot of financial markets that there's obviously uncertainty there And we should know more by about 3 and 6 a.m. Tomorrow morning And today is going to be a big day for the for the Union and if Scotland's gonna go independent or not So UK 100 falling in sympathy there certain bookmakers that they're still predicting that there will be a no vote But and and these things you can't really tell until the final votes are counted. So most UK equities Feeling a little bit of pain this morning, but we'll be put over a misery by tomorrow morning So potential support 6774 So moving on to Japan 25 this must be doing quite well because dollar yen has just shut up after FOMC Session yesterday smashing through potential resistance at 59 87 and the next potential Resistance is this tip right here And that's close to sixteen thousand four hundred So this level is the broken resistance now acting as potential support next potential resistance 16400 and the technical indicators are just moving into over bought territory now So look at this dollar yen this trend here very strong When they very bullish yesterday closed that is closed that is high We're still going great guns this morning. We're edging ever closer to 110 spots 77. I hugely overextended move But lots of positive dollar sentiment out there right now So looking at crude oil west Texas Volatile as ever bit of a reversal again on that interest rate hike Potential interest rate a hike when's it going to be is the main question worrying that it's gonna put a dampener on demand Of course because of rumors yesterday morning where that they the Fed was going to be a lot more dovish and Certainly the way that people are interpreting the feds the feds statement is is more hawkish than dovish to be fair But we are at potential support at 93 spot 95 gold It is lowest level and multiple and maybe nine ten months 1218 is a potential support if that breaks I actually ticked below that this morning the next potential support is at eleven eighty So certainly the pressure is heaping on gold right now as equity shot shoot up and the dollar goes rampant Moving on to your dollar your dollar also reached a multi-month low and could even be a Fifteen eighteen month low Next potential support one spot twenty seven forty six on that dollar strength We've got bit of a hammer formation there right now, but the fundamentals seem to be stacked against your dollar in the short term So GBP USD it didn't come off quite as much as you would expect based on the FOMC mainly because we had such a Pressurized move on the Scottish referendum as I said the financial markets to a certain degree are Fighting back against the prospect of an independent Scotland As evidenced by this Significant rebound and we are trading above potential resistance level one spot sixty two sixty five now acting as potential support next potential resistance one spot sixty four sixty three and If we do get a no vote tomorrow Expect cable to be quite volatile if we get yes for expect cable to be volatile So it promises to be an interesting day keep your eye on the chart form and insights and obviously I'll be early early morning You'll know more about the Scottish referendum be wary of the UK 100 GBP USD RBS standard life anything that's got that that Scottish UK tends to headquarters where they're stationed Because obviously those those figures come out early morning and certainly you'll know before 6 a.m. In the morning, I remember a lot of markets trade 24 hours apart from the equities open at 8 a.m.. I come a day wise today UK retail sales US jobless claims Filly Fed index and if you fast forward on the Friday, well actually nothing too exciting to talk about you got German PPI But you know with the Scottish referendum It's all to play for so join us again tomorrow to find out the result. Take care. Bye