 Hei, I'm happy to see you again. My name is Anthony Chung, Head of Market Analysis at Amplify Trading. I've had a few technical difficulties with setting up a new PC over the weekends. Do not worry, the normal video led briefings will be resuming in due course, but I thought I would just do a voice note to suffice for the time being. a dyna ni'n gweithio a brydwch yn edrych angen gyda'r mwy flynedig i'r ally dairy i chi o'r tyn fydd mwy i'r awr da chi, yn rhowyn honi'r gwybio wedi'i wneud rydych chi'n gweithio a gyrraethau mewn rhain ac mae'n gweithio arlaed o bnd arfer gael dwi'n cynnwys arddangos ond erbyn. Dyna, y ffordd yma, wir gennym ni'n gwybod i chi'n gwybod i gweithio eich ffaint o gwybod bwyd gan gwybod i fyw o myld ymddi'r dyna ddysgu'r phobl yn ymweld yng Nghaerhau Llywodraeth. Ac mae'n ddweud y nodu bod yna'r sefyllfa yn ei ddechrau o'r llaw. Felly, mae'r sefyllfa yn ystod yn ystod yn gweithio'r ffordd. Felly, rydym yn meddwl i wneud yn y cyflawni ar gyfer Llanffai. Felly, mae'r ddaig yn 50 ac mae'r ddaig yn 28. Mae'r S&P yn 10 pwynt yn y ffugr. Mae'r wneud yn ymdill. Roedd ydych chi'n gwneud yn cymryd, roedd yna ysgriffaeth astra-xenocrae, y Gweinwyr yn cyhoesio'i hollog ymddir i'r ysgriffaeth o'r Oxford astra drwg, oedd yna'n flynyddu fwyaf'r amdanoi'r gyfnodau uwch yn gweithio'i cyfrydau y bwysig i'r ysgolwch a'r cyfnod yn y cyd-dweud yn y bwysig iawn, a'r cyfnod sydd yn y bwysig iawn. Mae'r cyflech yn cyfnod yn cymdeithas gyda'r cyfnod ffysur a'r cyffredinol. Mae'r cyfnod o'r meddwl, oherwydd yn enw i'r ymddangos i'r holl ymddangos cyfnod o'r bydd ymddangos. A mae'n arwain i'r ymddangos cyfnod yma. ac mae'r ffordd o'r wahanol o'r gwaith ac mae'n gallu fedrach rwy'n g Renaethau yw'r newid yng nghymni leddol, felly Yng nghymru wedi tunigolol yn adroddiadau i'r berthynas o'r oeddennod. Felly, y domwx i'r siwr yn yn siarad y byddydd iawn yn Torfyn. Mae hyn o'r ddolol yn cefnogi'r cyfan y cyfrifonol menta leathera a ddefnyddoedd yn gyd, oherwydd hynny o'r crif 2018 sy'na wedi y rôl o'r tyfnod, maen nhw'n gweithio ben o'r mantech yn yfodol, y Dixie yn הrwm 896 oes yn gweithio'r 310 oes. Mae'r mwneud o ddechrau yn cael eu cael eu ddolaeth, i'w gweithio'r 40-pips, i'w cyfleau'n gweithio. Mae'r Brexit yn cyd-reifet ac yn ymhwyno ei ddaf yn ymwneud. Mae oedd ymwneud yn cael eu ddweithio'r bigfynu. Rydyn ni'n gweithio, oes wedi bod yn rheswm mewn byddol iawn i'ch cyhoedl willach o'i yn unig i'ch gweithio, fel ydy'r cyfwyr, nid ond yn rhan o'r cysylltu'r rhif ddaeth yn yr tyg gennym ddim yn y honestyîr, yw'r hunain ffordd yn dod, dyma'r onli sydd wedi'u bywyd o'u glwyteidd a ddefnyddio wedi eu chylyw i'ch gwahanol i'ch ddafod i'r ddigliannol o'r d Paris, fel o'n yr hyn o'r ffordd o'r ffordd yn y cyfwyr o'r gwahodd 137 o'r hanfod ar y cwrdd. Ond ym mhwyl o'r bwrdd y gael ei wneud, yma'r gwrdd dych chi'n gweithio'n gael, yn ddwylo'r trwyd. Mae'r idea i chi ddweud y ddweud hynny, mae'r ddechrau bydddiodol yn defnyddio a'r gwirio, a'r cyffredin o'r cyntaf yn y gweithio fel oedden nhw i'w ysgoleth rhywbeth yn fyddi'r gŷt honno, sy'n mynd i'r ysgoleth arwain i'w ysgoleth yng Nghymru sy'n ei wneud o'r cyffredin o'r cyffredin, yn gweithio gallu rhywbeth yn gweithio yn y US. Ond, oes y ffr�au, y ffr�io'r gweithio yn y ddweud y rhan o'r cyffredin yn y bwysigol iawn, ac y ddweud o'r cyffredin yn gweithio'r gweithio'n eu ddweud o'r cyffredin? Instead of giving it too much attractive, golden technical as well way we are now trading at around a two month high for gold again from a technical perspective I don't think there's too much in the way now of our suggested that up around the initial highs we had back in early November of last year which would be around 1960, trading around 1928 this morning WTI crew is also higher We are going to talk a little bit about OPEC They're having their meeting today fel cwmogd wyf yn y bwysig, ond WTI wedi cael portodd yn rhan o gwahanol Yn Llywodraeth yn cyntaf, a'n amlwg a cyfrifwng o 50 o lot a'n rhan o ddola o'r 40 o 50 o ddod nesaf at'r ydydd yma a'n sut un o ddyn nhw'n ddod o rhan o 6 1,5 ac sydd o'n fawr, ond iddyn nhw'n cyfo hwyl essech yma ar schyfeidio popeth fel hwn o gyd, rwy'n gyflwysoi, Cysystan sydd Csr 300 ddyn yn of Shanghai and Shenzhen listed stocks there up just over a percent overnight we had some of the manufacturing PMI data come out overnight in China showed that factory output remained firmly in expansionary territory last month even if China or growth excuse me slides slightly compared to November the actual number was 53 so well above that 50 threshold but below the expectations of 54.8 however worth noting that China's three largest state-run telcon group listed in Hong Kong they did fall fairly substantially overnight after the NISI began delisting the companies under that Trump administration ban on US investment in businesses allegedly linked to the country's military so very very much a local move hasn't really filtered in or dented the overall investor focus on the border assets that we're looking at here in mainland Europe UK and the US from what ultimately is about COVID vaccines so let's talk about COVID a little bit and talking about UK COVID firstly so the UK is poised to give its first shots of a COVID-19 vaccine from Astra and Oxford University as of today there was more than 50,000 new COVID cases for the sixth day running as of yesterday on Sunday and a total number of deaths now in the UK has passed 75,000 Prime Minister Bryce Johnson he was talking yesterday he did say that tougher lockdown restrictions were probably on the way as COVID-19 cases keep rising but that schools were safe and children should continue to attend where permitted so at the moment this kind of is in fitting with similar to expectations of some of the trajectory that we were talking about particularly because we're still really yet to see the full effect of the slight loosening of restrictions that was seen over that Christmas period and we've already seen quite a rapid acceleration continue at the moment but it's likely that the situation is going to get worse before it gets better to that extent in terms of the actual vaccine more than 500,000 AstraZeneca Oxford doses will be available as of Monday and they will be delivered at hospital's for the first few days the UK is aiming to expand the number of vaccination sites to more than 1,000 with as many as 100 more hospitals and 180 general practitioner led services coming online this week so far there's a bit of context more than a million people in Britain have received injections of the Pfizer by N-tech vaccine so again that has been fairly slow in terms of the rollout that's pretty much been echoed elsewhere in the likes of the US as well and hence the reason why the Astra Oxford drug which is seen by far and away the largest pre-government kind of orders if you like worldwide is really quite a substantial pickup perhaps in the acceleration globally really in the adoption of a vaccine that again being just a recap I know you guys are probably full up to speed but given the fact that the Astra vaccine is just cheaper easier to transport and store requiring only refrigerated temperatures rather than that deep freezing that's required at minus 70 degrees Celsius like the likes of Pfizer's for example moving over to the US though away from the UK and again from the UK perspective this sounds very negative in terms of the developing COVID situation but importantly investors are heavily weighted taking positivity out of the fact of the rolling out then and the speed of which they should accelerate in the vaccination program in the UK with the Astra Oxford drug and also the kind of ongoing light relief that I say this is much more smaller factor right now that we averted a worst case brexit with getting a deal done at the 11th hour and so at the moment we're training a 137 handling cables I said that is quite an interesting area technically if you're looking on the weekly charts in the futures this was an area of kind of resistance and support back in what would have been September 2017 and support in February 2018 so the first real kind of obstacle here technically before then really one would anticipate we we push up to 140 perhaps as soon as this week in the cable pair probably one of the things I look out for that could dent the speed of the rising cable because we're still at the view of persistent dollar weakness would be a full blown very stringent national lockdown imparted into the UK this has been called by the head of the opposition kia Stalmer over the weekend it really depends on the development of the virus over the course of the next week or so and really see the full effects of Christmas the reason for that being then that it just means that the the general economic activity is going to slow even further than perhaps it already has done under those more onerous conditions but let's have a look at the US COVID Anthony Fauci named you probably very familiar with at this point in time now he said the rollout of COVID-19 vaccines is picking up speed could be fully on track within a week or so again as context in the past 72 hours about 1.5 million vaccine doses have been administered or that means about 500 000 per day that's been substantial pickup in pace in total now there's been about 4.28 million doses that have been administered by the 2 January according to Bloomberg's news vaccine tracker so they're definitely not anywhere near the administration's targets but we've already known that for some times that that was going to be missed and again the adoption of the astrodrug is probably going to be something that will be more significant but at this point in time definitely the UK are much further ahead on that particular vaccine looking at the New York State on Saturday they passed 1 million COVID-19 cases with more than one third of the state's total cases were reported in December as has cold weather nudged people indoors holidays increasing social gatherings residents generally tiring of restrictions and herein lies one of the main challenges that likely to be faced in the western world as we go into what are typically the coldest seasonal months of the year in January and February okay looking further forward what else is there to account for this week just kind of summarizing it into a couple of major major points today OPEC plus alliance energy ministers are holding their monthly virtual gatherings my understanding is their calls are going to take place at 1400 GMT so 2pm London time this afternoon and that's as to decide then as to whether or not they need to move their their supply packed at this point in time at a meeting on Sunday so this is very typical of OPEC plus they tend to have these discussions before they're more formal ones that take place later today several countries including Saudi Arabia sounding cautious about raising output in February according to delegates Russia has said OPEC plus which slashed their output last year could add another 500,000 barrels a day next month whereas the Saudis have publicly kept his view under wraps so the idea being here is probably then they're not going to increase by a further 500,000 today just give them the fact that yes there's positives with the whole vaccine coming but that's still yet to be administered at this time so there's the practicalities of obviously the distribution and the rollout of getting this out there which is still yet to materialize so at the moment the impact of COVID-19 which is still generally worsening in most places around the world at the moment is still probably likely to keep them somewhat apprehensive about the consistency of demand and so therefore I'd probably expect them to just roll over and that's probably does the market and hence the reason why you know not only this mild optimism on the vaccine but this rolling over of not increasing their production rates is probably going to help just underpin and support oil prices for the time being but we'll look out for confirmation later then on Tuesday really interesting event that we need to keep a close eye on the state of Georgia in the US holds a run-off election for two US Senate seats and that will decide control of the chamber if the republicans win one or both seats they will retain their senate majority enabling them to block Biden's legislative goals so this is quite key obviously because if they don't do that then and the republicans are not able to maintain the senate which I'd say by a whisker is perhaps then where the the general consensus lies the democrats would in fact then control both chambers of congress Biden the incoming president coming into the white house later on this month could mean very radical changes then for markets expectations around things like stimulus packages and the ability for the democrats to pass more large scale but other than trickle down policies that Biden might have planned which otherwise might have been blocked by a fractured congress so definitely worth keeping an eye on that then you've got the ffmc minutes they're going to come out on wednesday i'm not really sure how much impact that's going to have for markets but nonetheless we'll be keeping a very close eye on that and then at the end of the week it wraps up with the non-farm payroll report and November data already indicated that employment market was losing some steam in the US with 400 or 245,000 new jobs added which was the fewest in six months for december the street expectation is for a smaller 159,000 gain final footnote then is her bitcoin i just want to mention it no more than just mentioned the price it has traded around 34,000 now so continues to just edge ever higher but overall then my bottom line really to summarize everything i've spoken about is that right now covid cases and vaccine distribution will remain the key focus for the time being everything else is a bit of a moot point to be honest so definitely keeping an eye out for anything to do with the the developments in terms of the acceleration of covid cases particularly with hospital capacities getting near to their max at the moment in particular in the likes of the US but also how that's going to play out in the UK subsequently then what type of lockdown restrictions does this result in in governments adopting and then finally at how quickly do we start to see the empirical evidence of the way in which this new vaccine from from Oxford and Astro gets administered does it meet its goals remember every vaccine we've had so far from Pfizer and Moderna they've pretty much slashed in half their initial rollout targets and so i'd say there's a little yet to be to be seen here to justify then this kind of runaway optimism for the time being as a medium term consideration to be aware of okay that is it and so i welcome back welcome to 2021 for those in the amplifier live community i'll see you on the live stream later okay take care everyone speak tomorrow