 Good morning and welcome to these products in focus. Well, most global stock markets had a fantastic run there yesterday You're looking at the US 30 the Germany 30 the UK one hundred all the very well and you also had city bank reporting last night which beat estimates by quite quite a fair degree and The markets actually had another entry day high yesterday So I think the high was seventeen thousand and seventy two point six and we're not a million miles away from there again Right now. So we are quite close to a potential resistance. I put it on there and 17,080 that's obviously not quite quite correct, but pretty much bang on the top of this candle right here We give you a bit of a flavor of what to expect. So we've not had a Big push higher this morning. I'm seeing the UK one hundred already is trying to do that Trends still looking good. And we've still got Google. We still a good amount of Google's today You've got incel and and yahoo as well throughout the rest of weeks. We still got a lot of big companies Gonna be reporting today Okay, look at the UK one hundred. You can see we've got a lot of room to recover from the big sell-off that we had there last week We have been moving in the right direction next potential resistance at six thousand seven seven four And we were quite close to the end for the eyes of today And Dolly ends completely reverse course again So I would expect that the Japan to do five is up higher again And as you can see we are looking to retest potential short-term resistance at 15488 Technical indicators are neutral and we're going to cross over in the MACD So there could be a little bit just in time for Japan to do five So looking at dollar yen, so I can see a lot of FX US dollar is strengthening We do actually have an update from the Fed. I believe it's high or tomorrow Where people will be looking for clues as to You know interest rates as ever so you know that QE is going to be coming to an end in October But it's all about are you gonna keep you know low interest for longer a lot of financial commentators are Of the belief that you know regards to the rhetoric coming from the Fed The hard fact is as the economy starts to recover and things begin to heat up There will be a need to to increase rates sooner rather than later So there is a lot about the rates will stay low for as long as it takes But ultimately the Fed will have to take action. So every word that says every statement that comes out every minutes That comes from the Fed will be they will be dissected and digested by the trading community And you know you can expect it to be some big moves and dollar in fact I'm already seen on cable and you know dollar yen We are already seeing a lot of positive dollar Movement of momentum. So maybe there is this idea that you know, there's gonna be a little bit more hawkish Establish one minute hawkish the next it is really quite tough But that's what being a trader is all about and you have to react to news as it comes out So we'll cover some of the other FX pairs in a second, but Dollar yen slowly creeping up a little bit higher above potential support a one-on-one spot 35 It's got a long way to go before it gets any for a near one or two spot 87 But that dollar yen move will help support Japan 225 So keep your eye on any US nominated data for more insight So West Texas crudes bouncing off potential support at 100 spots 60 This certainly looks strategic in the short term. This is a level if you're cruel I'll try you want to be aware of and we do have cruel inventories due tomorrow as well 3 30 UK time No looking at gold gold hand itself biggest one-day fall and seven and a half months yesterday Real horrible candle right here. That's obviously dollar strength risk back on Vicks down Absolutely the smashers it broke through multiple levels of support right here We are looking now next potential support as at 1295 next potential resistance 1332 But gold doesn't do that strong right now unless the markets really begin to dump Gold is not going to be that sparkly in the short term. So your dollar Slowly drifting down again can't really make up as mine which direction it wants to go That's not really that exciting we're in the middle two ranges potential resistance one spot 3645 potential support one spot 3568 It is GBP USD. That is more interesting And it really came off quite strongly yesterday It's down again today next potential support one spot 7848 We're trading below the 21 period SMA I think a lot of people will be looking at one spot 7048 with some great interest now If we ever look at the economic data wise we do have CPI and RPI due out today So if you're looking enough to be watching this first thing in the morning Keep your eye on cable and the UK 100 as these data sets come out And then we've got the ZDW business report and US retail sales due today and you couple that with US earning season There's actually quite a lot of fundamentals that are going to affect the market today So do bear that in mind as we fast forward on to tomorrow We've got a whole bunch of Chinese data due overnight We've got a GDP and industrial production and that's going to be important and then we do have more UK data So there's a lot of stuff UK wise. So if you're a cable trader UK 100 trader There's a lot of things out there. You want to be aware of and you want to be able to react to and remember We do have the cruel on the turries at you at 3 30 Keep you on the chart forum as ever make insights part of your layout and join me again tomorrow to find out what happened next