 Hi, good morning and welcome to today's products and focus so we'll be able to see the most global markets are actually higher with the US 30 actually almost breaking fresh all-time highs there You can see that the tip of the candle Pretty much bang on this morning. Yes market looking pretty buoyant as The US dollar has a reverse course. We have some decent data coming out of America yesterday over employment claims Still not enough to support that rate hike That's maybe part of the reason why the US equity markets have actually ticked up Because they think it's going to be good for their economy longer term So I think in reality, they don't really want to raise rates in America because a stronger USD hurts their exports So the markets are taking that this this move is a quite a positive so as long as unemployment claims continue to drop and a US rate rate height looks a little bit Kind of less likely this year into 2016 The US equity market should benefit from that And obviously when it comes to to earnings and what not having a weaker dollars can be way better for them anyway So it looks to be as of for now that the US market has an opportunity there to break up that little bit higher So even if we do get weak economic data, that's just a signal that interest rates are going to stay Ultra low for an even longer period of time which will benefit US equities a little bit longer So a break above 18,284 would be a fresh all-time high for the US 30 And that'd be a technical breakout and that would provide a lot of other traders with an excuse to get involved in that market But it's not happened as of yet. So jumping on to UK 100 I was talking about the European referendum will be 2016 2017 The others don't want to they don't want to drag it out too far because a lot of foreign investors might be holding off Putting money into this country if there's still a big question mark over our EU Passports so to speak. So that's going to be causing a lot of interesting moves in the effects But also for the UK 100 So I think if they're gonna have a referendum in Europe, it's going to be sooner rather than later Runt page of financial times this morning have a big story on it So make sure you get a chance to cover that this looks quite top-heavy and stintly from from a candlestick Formation perspective and series of lower highs But we are grinding a little bit higher 6964 is a potential support But we look like we could be capped the 21 period moving average And we are avoiding crossing the zero line in the MACD So the UK 100 still had a little bit of life left in it But I think the real action is the US 30 at this stage So looking in Japan to do five breaking above the 21 period SMA on its way to tackling 20,000 and 87 Still bouncing off that potential uptrend line And we've got a bullish cross in the MACD just as the other technical indicators are neutral But ticking upwards Moving on to dollar yen Still bouncing around 119, not really that exciting as ever But that 119 level has once again provided a support level keeping dollar yen On the on the upside But against the sterling and the euro the dollar is not really doing a huge amount We'll come back to it in a second. So West Texas crude come off a bit Just pretty much bang on 5950 looking at a longer term potential resistance at 64 Dollars that inability to break above the previous high we're in about 61 66 However is is going to cost crude a couple of extra sense heading into the weekend As people begin to probably take some profits off the table because I had a good run up until now But with the trouble in Yemen and Isis and Saudi Arabia still bombing across there There's still plenty reasons to get excited about West Texas Especially with the with OPEC still coming out with their Projected demand forecast for 2015 to the end of 2015 Ramping up things still look pretty good for West Texas going forward So gold's really caning it just now. I had a great session there when US retail sales Really fizzled and failed to come to any fruition right there pushed up even higher again yesterday off the session highs though But on the right side of potential resistance at 1218 every bit of economic data that comes out that's weak Just adds more fuel to buy gold because it's a great It's a great hedge against against any interest rate hike Or the fact that it's not coming. So if you really believe that interest rates are not going to be rising in 2015 a lot of guys are selling dollar and buying gold and Because obviously it's historically relatively low obviously it's been much lower really much nicer to have at 1186 But as long as it keeps its head above 1218 And the economic data still comes out a little bit middling which it has done for a long time Gold could benefit from them. So finishing up with your dollar and GBP USD So your dollar pushing up higher one spot 1642 is next potential support You can see here one spot 1388 was the tip of the candle there from the very start of April May sorry We're breaking above that yesterday pushing a little bit higher this morning the technical indicators are all massively overbought But there is a bit of momentum behind this and it's a fundamental factor that fundamental factors are driving it rather than a technical perspective right now But we'll see how things pan out with that and there's not a huge amount of economic data today either I don't believe there's much on Monday. It's not until Tuesday till we get something happening So sterling still smashing it news about sterling still remains if the UK Leaves the eurozone and the referendum Importers exporters etc. We'll have to buy a lot more sterling to do business with with Britain And that's why you're seeing these huge moves and and cable It's not because we're going to be raising rates anytime sooner I think that that is purely a play on that on that referendum factor and the market is obviously thinking that there's a very good possibility that It could go down to the wire and that's why you're seeing these big news right here So one spot 59 is next potential resistance, but this is a very very strong break of this downwards trend line right now Pretty exciting when you look at from a technical perspective. So I come a day was as I said, there's not much today You've got University of Michigan consumer sentiment due today Monday nothing Tuesday a lot more UK PPI your zone CPI And said and the ZEW business report and then Wednesday More PPI Bank of England NPC minutes and of course crude oil inventory crude oil Wednesday after all so as ever Keep you on the chart form some real cool Trade setups here from a global analyst team make insides part of your layout to get the inside track What's moving in the markets and join me again on Monday to find out what happened next?