 Hi, good morning, and welcome to today's products and focus so looks like we might potentially have a grease deal this morning as of recording I'm seeing lots of updates coming through from your own Leaders saying that they are in a potential deal And most global equity markets have maybe about 1% 1 a bit percent see the US there Yeah, she opened up slightly down this morning But then shot right back up towards the top image range right now that news is filling it ring in 17747 was potential resistance broken through that but looks to be kept the 21 period SMA and We don't have a hundred plant confirmation of that deal as of yet But I'm sure it'll come through shortly as most markets are rallying quite hard at the moment Especially the UK 100 so it does look like something is maybe Gonna come out very shortly so three days of advancing gains right there back up to 67 71 which is great That also is a relatively important potential resistance level Robert in to moving average right now bill is cross on the MACD and we're still relatively neutral for the RSI and slow stochastic So these are still way way further to go. Obviously if there is a deal I'd be reached So looking in Japan 25 struggling to break through 20,000 87 and that 55 a period SMA other technicals relatively neutral with the MACD Histogram showing a slowing down in their demos momentum, which you might get another cross through that as you're laying some points in But it does look slightly caged at the moment Moving on to dollar yen So people have been buying the US dollar again again a gap lower this morning But it's now trading towards the top end of his range Which also will be 21 period SMA. It's trading above the five period SMA and broke through 121 87 last week We've got 124 42 the longer term potential resistance, but we're a good bit away from that just now We've almost got a bill of cross on the MACD for as the other technicals are also quite neutral But I thought yeah needs to get above that 21 period SMA soon so West Texas crude is Still dropping as an Iranian deal looks more and more likely as time goes on We're actually at 51 50 right now, which is quite a low point considering we're almost at $60 not that long ago Long-legged candles are indicative. We're in about $51. There's there has been interest, but it's actually 49 39 that's That's got the support from back in April 2015 So that's a level to look out for now We are already off the session lows as if we do get a deal from from Greece That would be obviously good for West Texas crude and China has been recovering today as well It's the third day in a row. It's had gains up about 3% of the Shanghai index As China's actually started to arrest aggressive sort of shortest hillers But we're interested to see that pans up the rest of the week So looking at gold gold still again not really doing a huge amount still train blow both moving averages What technicals are still pretty neutral 1137s long-term potential support? There's not a huge amount of economic data today though the the trade balance data from China was actually not so bad Fast-forward on tomorrow's CPI and PPI data and RPI from the UK We've got years on industrial production retail sales and hopefully we'll have that Grease deal sort of that today if we finish up with your dollar and cable Your dollar just trading above one spot 11 at the moment reading about both moving averages got a blue cross on the Mac D On their day chart, it's playing a little bit, but it's not gone completely crazy But certainly if we stay above these moving averages then one spot 1475 to the next potential Harder price especially if there is a great deal it depends on how strongly this dollar gets and if you have a look at GPP USD it's moving up nicely one towards one spot 56 what they're just now retreating above the 55 period SMA With everything else looking okay, and we've almost got a bullish cross appearing on the mat Yeah, but it could happen at some point soon We were probably in the middle of a slight downtrend there if I should get my drawing to like you You could probably just draw this I'm not drawing that one very well instantly, but you can almost see it right there again Not drawing it on exactly as I would like But that kind of gives you a bit of an idea where a sloping downward trend might currently be so Keep going to our phone guys make insights probably going forward. There's any grease deal on there when that begin gets confirmed It'll be on insights. I think we're all pretty much ready to to go Very very close as the breaking news is pretty much coming through just now unanimous agreement on Greek bailout Kind of gone through now and the the markets aren't reacting ridiculously strong, so they are up a little bit now We'll see a things pan out towards the end of the session so as ever join me again tomorrow to find out what happened next