 Rydyn ni'n 18 oes y feraen a a fydd ydych chi'n ymgyrch yn Llywodraeth. Mae hyn yn ystod yw'r hyn yn y ganod y gymdeithas. Roedd mwyaf am y gafoddiad hayn yw'r contwion nhw o'r BBC fel Y Prince. ybryd. Wrth i seithio ceisio cyrraedd ystod bydd yn dod yn ei wneud bod yn byw mwy o'r ddaf yn cael eu cyfriferio sydd o gyfriferio'r ddîm yn cyfrifnig, i'r hunain yn cyfriferio'r ddîm yn cyfriferio'r ddîm yn cyfriferio'r ddîm yn cyfriferio'r täffsiol drwy'r newydd, Calonysau, ac mae'r FFAC travelling at seafood o'r dryddau argennill i ddogweithio'r ddithyr i'w'r hoffi yw'r unrhyw hwn yn ymweld! Os yw'r hoffi yw'r hoffi yw'r hoffi yw'r hoffi yn ymweld, gyda'r hoffi yw'r hoffi yn ymweld, yn y fwy i gŷn ymddangos yn ymddangos i'ch hyffredig ymddangos oherwydd yma yn ymgyrchol, mae'n amser o'r hoffi yw'r hoffi yw hefyd. Mae'n unrhyw hwn yn ymdillogol, mae'n rheswm hyn o'r rai cyfreion bach oed? E'n aelod o'r rhain oherwydd mae'n cy Ortys. Rwy'n credu bod yn diogelu bod mae'r rhai llwyddoad yn gwneud o'r rhaid i'r gyffriedd gynae'r benedig a chi'r ffomaiddau hefyd yn fwy, mwy o'r rhaid i'r meddwl sydd eisiau ar hyn o'r rhai llwyddoedd. Mae'n gennym yn ni'n mor ysgolwch neu dda ni, holl ysgolwch. Mae'r rhaid i'r genell yn gwneud o'r llwyddoedd. ac mae'r bwysig, ac mae'r clywed o'r gwasanaeth negatid, rydyn ni'n fwy gweddyn nhw'n gweithio'r mynd. Cyn swydd o'r oed yn oed yn gwlad o'r gwasanaeth ar y rhan. Felly, rydyn ni'n gweithio'n llwy a dwi'n gweithio'n gweithio'n gweithio ar y rhan. Gweithio'r gweithio'n gweithio'n gweithio'n gweithio'n gweithio ar y rhan, pan gweld yn ôl yn cyhoeddus yn yng Nghymr Gweinidol, ac yn ymddangos cael ei gyrraedd yn ôl y fath, a dysgu'r rhan dim o'n gweithio. Ond rydym ni'n llwyddiad bod y fath o bob o prosiectau sy'n gwaeth i barcynddo, oedd yn gyfrifio'r drais o dyfodol, ac rydw i'n ganwaid y spyn o'r rai o岩au ar gyfer Rhon, a byddwn ni wedi y rhan o'r fath o'i gweithio ar gyfer Rhon. Mae'r pwn wedi cael ei wneud yn fawr, ac mae'n cael ei wneud o'r bwysig o'r 11 o'r 11 o'r Nôl, ac mae'n cael ei wneud o'r 129 o'r ffriddag, ac mae'n cael ei wneud o'r 129 o'r 63 o'r ffriddag. Mae'n cael ei weithio i'r mynd i gael ei wneud o'r 129 o'r 129 o'r 100 o'r 100 o'r 100 o'r 100 o'r 100 o'r 100 o'r 700 o'r 200 o'r 100 o'r 100 o'r ymdewch i ddweud ymdweud. You can just see Monday on the data front pretty quiet Tuesday the same, not really expecting too much in the way a big market moves to come through here. Wednesday is where you also get the FMC minutes by then the RBA FMC, a dyna'n i gael i gael'r corffwyr anhygoel a'r ystafell yn gweithio'r ddau ar ddat ymerdd a'n i gyhoedd ffair y gweithio, sy'n gweld yr argymwr o'r Unig, a ddyfyniad am fod yn unig peth o'r UK yng Nghaerng pan hyn i'n unrhyw bethau ym mfianiamol, beth oherwydd mae'n edrych ar yr EU a'r UK, os nhw'n gweithio'n ychwanegau'r ddau'r wrthbwynt cymaint o'r gwylio'r ddweid? Mae gwybod hynny'n cymryd o hynny'n cyfeithio ar y gweithio. but in the build up towards that, not expecting to many fireworks from a data front. We had a lot of Fed speak last week didn't really do too much in the way of a shock to markets and ahead of the minutes on Wednesday for the FOMC, that kind of in my opinion makes that a bit of a non event. Having a look over at the Euro then considering where we're trading now pretty key. The dollar index itself down slightly this morning helped by the fact that the euro has been pushing higher and obviously the pound also. So where we're trading will be important. Looking at the US side of things here, other than the FOMC minutes, I don't think it's going to be that much of a data driven product, not just on the euro side against the dollar, but all dollar pairs in general. I think we've had a good couple of weeks for the dollar. Maybe the last couple of days including today just a bit of respite from that. Wait and see what power says if it's in line and they are on this pause. Well, maybe the dollar has to start to strengthen again remains to be seen what power says on Wednesday or what is derived from those minutes on Wednesday this week, I should say. Data wise on the euro front is all about Friday. All going to be about the manufacturing and services PMI numbers from France, Germany, and then the EU. So that morning on Friday should be a good one. If you remember last couple of times are we going to now start to see a bit of a recovery at some points or maybe suggesting or are we actually going to see these numbers disappoint and then the euro could well be on the low of the week following that. So the markets expecting a marginal rebound in the manufacturing goods stemmed perhaps by trade wars or trade talks getting better. You're going to see a lot of that if trade talks do start to get good. You'll get global growth upgraded. You'll get central banks being more hawkish. So until then seems that we perhaps are going to get a more positive spin on things over the next couple of weeks. A few ECB speakers as well to be aware of this week most notably as you can see from that calendar lagarde on Friday speaking. However a lot of her focus so far has been on team building exercises so it would be a bit of a shock to markets to see if anything significant came through from her or anyone else that is really speaking. So in summary for the euro, Friday will be important. You've got the ECB and FOMC minutes which of course could move things but not really expecting too much from that. As we know the ECB minutes are very rarely a market mover and the FOMC usually is just a spike one direction to reverse back. Having a look and moving on to the pounds you may have seen overnight or this morning the main talking point other than the polls is that Boris Johnson to woo businesses with tax breaks worth $1 billion sounding a bit like Dr Riebel there but Boris Johnson looking to sue corporate Britain on Monday by pledging to reduce business rates and provide a series of tax breaks worth about $1 billion a year. We've also had promises over the weekend and back end of last week of free Wi-Fi was it for if Labour were to get in although speaking to a couple of people it just turns out that certainly those that are renting landlords will be able to increase their rent to incorporate that. So as with anything there will be a lot of scrutiny for all of these pleas and to be honest I still personally see this as a second referendum happening right now and I think that's how both parties should go about it. We'll get some people looking into these policies and these pledges but really it's a case of if Brexit, if you want Brexit that bad conservators will be the more attractive despite maybe their rubber policies and if you don't Labour and the Dems are maybe the way to go despite Jeremy Corbyn over the weekend yesterday not quite clearly giving an answer to whether he wants to leave or stay in the EU it seems more lean to the fact that we will just put it to a people's vote but he doesn't maybe suggest his absolute stance so I think that's where he could be going wrong. However Labour have started to recover a touch in the polls here however Conservatives at their highest level since 2017 so really you might have seen the comment just at the bottom there that really since the election has been confirmed both the main parties the ones that have been in power really for the last 100 years are regaining some of that strength so Election Day looking around 40% can serve a 29% Labour for that the comment here that Anthony was mentioning that their highest level since 2017 well 2017 didn't go too well as we know so yes the polls will shake things ahead of December and that will price in what's expected but that's not to say it is going to be a foregone conclusion what the polls do say there as well so we have going back to the pound you can see at the moment what we're pricing in is nothing to do with the bad data but more the fact that Boris Johnson has had this effect where the Conservatives have a nice lead in the polls and that's resembled by yes a bit of a weaker dollar this morning but overall that majority is starting to be priced in so Tuesday tomorrow will be key the Friday data points from the PMIs as well will be one to keep an eye on looking for further manufacturing weakness there but if last week and the previous weeks are anything to go by we're not going to see too much in the way of a reaction you can see if I just highlight the 7th here and make sure that that is the right date I'm looking for it yet Thursday the 7th that's the Bank of England decision there remember it was 7-2 a bit of a shock price came back down and did the classic 2018-2019 central bank move reversing that whole move pretty much within 24-48 hours so decent recovery there and since then we have gone on so data points, comments out of the NPC it's not going to be the main drivers here it's all going to be about the polls it's all going to be about Brexit going forward as well so first televised debate tomorrow between Johnson and Corbyn will be really the highlight of the week the general perception of who comes out as the winner may affect some markets expectations I personally would say at the time that it's going to be on markets are going to be relatively illiquid you get a couple of spikes either way long lasting effect from that so we'll have to see maybe the day after the morning after when you start to see some polls come through sure that could move the pound and at the moment conservative majority pound strength if Labour start clawing back some of the ground or you can see the pound have to unwind a touch having a look elsewhere currency wise Aussie dollar you can see the employment numbers on Thursday really poor when we drifted lower reaching 6780 on the futures and that was despite being as high as a double top the 24 hours prior to that as the RBNZ kept rates on hold so the poor employment number what to keep an eye out for for the Aussie this week where you've got those minutes as mentioned that will be out overnight so this time tomorrow we'll have those whether they reiterate their sort of pause as well much like the RBNZ and the FOMC where they've done free cuts this year but are looking to hold things or not might be slightly tricky after that poor Labour data and also we have a period just having a look through that calendar there where there isn't too much data on the horizon so this one might start to linger despite if you look at the chart here you could be forgiven thinking there's a bit of recovery I would suggest this is more a bit of dollar weakness than Aussie strength however if we are to have positive trade developments you could well see a recovery for that Aussie so it'd be interesting to see what they say on overnight on Tuesday or overnight Monday Tuesday morning our time for those minutes but the latest employment data likely makes the economic assessment in the minutes outdated so that's something to bear in mind so limited reaction expected there limited data route as well so maybe the dollar side of things is going to be the driver and trade talks as well mentioned oil so we will have a look over that the headline here kind of sums price up oil price steady after last week gains but as mentioned I wouldn't be getting too carried away with it because when you put in this back on that 60 minute we're just at the top of that range put in it 240 why is this level important or you can go back here to just before October the breakdown from the middle to end of September we then push lower on the 24th and this is the first real time we've had a strong test at really trying to get above it whether we can close and get near that 58 consistently we'll be key here and then you can imagine a more swift move perhaps towards 59-14 it'll be interesting to see what you guys think on oil and Tim later on as well but for the moment near that top end of that range so we had those bar kindle comments in the afternoon of the 13th pushing price high we had a bearish DOE and then Friday we saw some strong gains that got us up to the top there a lot of this stemming from as well the positive trade talks as well US and China the two biggest economies and also the largest consumers of oil in the world so those talks don't go too well if the oil price global growth is going to suffer if they go well well oil price can push on so maybe a case of let the trade talks do the talking you've got OPEC meeting on the 5th and 6th of December which of course will be worth keeping an eye on but in the short term US, China trade talks and that OPEC meeting in the early December will be the main two events that traders will be keeping an eye on there and that's pretty much what this article is summarising here it's a little change so far on Monday it's relatively choppy up at the top you can see on the chart there so trade talks, OPEC meeting 5th and 6th of December will be what I would be focusing on there now we get to the stocks all-time highs where is this going to end well as long as the trade talks are good and the Fed aren't turning too hawkish well maybe it's going to continue for quite some time having a look here just this morning we did touch let me just get this May high into then the new or what was the new all-time July high we have this common approach and this trend line isn't perfect so I don't need to bring it down a touch but it's something to bear in mind here because trying to pick a top on this technically is going to be hard on Friday the RSI is at the highest level since January 2018 and we all know what happened then so keeping a watch on this trend line but last week if anything was to go by any negative comments aren't really being run to the ground here so while it certainly feels like there's going to be some sort of correction to come through because it's not just going to grind higher and higher and higher until the election trying to predict that is going to be tricky so in the way of tackling this I think the best thing to do is draw up your key in this case what was a resistance now support level 3100 gives it that more technical psychological edge as well it closed below there then we can start looking down towards 3075 but unless price really has a major negative comment I'm not looking to sell that unless we can close below 3100 it has to be said also over the weekend Trump saying hailing should we say hails cash to farmers US aid in China trade wars here ahead of Thanksgiving as well so to give them all a little Thanksgiving treat is the way he wants to spin it however that money is actually part of the US government aid package he went on to say our government farmers will receive another major round the cash compliments of China tariffs the smaller farms and farmers will be big beneficiaries in the meantime as you may have noticed China is starting to buy big again Japan deal done capital letters enjoy so as far as the Trump situation concerns those trade talks are going well people are buying again China is buying again the Japan deal is done the tariffs on Europe are delayed as expected but this is overall positive in the world of stocks there are all time highs and it seems unless we were to have a real breakdown long may that continue however there is of course hope for the bears if we go back to May and we mentioned this on Friday we did have the deal almost done and Trump pulled it last minute and then we had an 8% move back down towards what was then a double bottom from the low that we had on 11th March before rallying on as well so if you are bearish about this there is a bit of hope you have RSI highest level since 2018 you have this trend line in the mix and we have been here before where it didn't end too well remains to be seen I guess going forward I mentioned earlier about if the trade talks do improve central banks are going to turn slightly more hawkish or less dovish shall we say but you also start getting banks seeing economic recovery in early 2020 which is what Morgan Stanley are seeing so they see a recovery on the cards led by trade talks reversing the downtrend of the past 7 quarters as trade tension and monetary policy are easing simultaneously for the first time since the downtrend began I personally wouldn't be getting too carried away about that because if trade talks are good that easing monetary policy will not be there which is why you feel maybe Trump still has that hawkish card in his pocket to use so while stocks yes are going higher and with the current stance that completely makes sense this headline from Morgan Stanley just seems a bit back dated of a couple of weeks I wouldn't be getting too overly excited with that as well Wednesday as mentioned the FOMC minutes I think from the amount of Fed speak last week we're not expecting too much from that to be a shock and that pause just to be reiterated yet again so we'll do a bit of a run through on Wednesday for that but I think much was said last week and we're not going to see too much in the way of movement from that as well just to wrap up again on the calendar and to say Monday likely to be quiet Tuesday and Wednesday pretty much the same other than the minutes out of the RBA and FOMC a couple of lower tier data releases yes you've got API back in its Tuesday slot Wednesday the DOE as well but it's really Thursday and Friday where things start to get a bit more interesting here quite a few numbers out on Thursday along with the ECB minutes and then Friday the Manufacturing Services PMI numbers out of Europe and the UK which will probably be if you were to choose one day to release the focus on this week it's going to be that you've also got Lagarde speaking on Friday as well to wrap up what could be an interesting back end to the week just moving on to the charts just to see how we have traded in the open you can see gold coming under a fair bit of pressure here as safe havens are in general just going to bring this into picture coming to its lower part of the day obviously not a big move for T-notes but for the morning maybe it is the bund as well touching the lower part of the day and here on the 5 minute you can see that's the 1, 2, 3, 4th time that has asked or that S1 stocks are happy, stocks are on all time highs risk on in the market and that seems to be the way it's going to continue unless Trump pulls out that hawkish card any questions as usual please do let us know hope you'll have a good trading date and even better week ahead