 Hi, good morning and welcome to today's products and focus US 30 there is almost reached all-time highs dropped down a little bit this morning as most global equities are actually treading water after Friday's non-farm payroll figures which showed a massive miss from estimates Initially bush boosting equities across it across the board as it makes it less likely that the US is going to raise rates anytime soon Really holding back the dollar, but I guess the real big news today is about the latest poll showing that the Scottish independence Yes, but has taken the lead which is really hurting a lot of UK banks and Smashing GBP USD. We'll come back to that in a second US 30 however gapping lower this morning and Just in the middle of two ranges, but still near all-time highs, which are around about 17161 So looking at the UK 100 Certainly under pressure gapping lower this morning and accelerating has moved to the downside hitting potential support 6832 On the wrong side of that level right now as we speak with the next potential support level at 67 74 And obviously with the UK banks picking up such a big part part of the UK 100 That's not that surprising as you can see their RBS down 6.7 Lloyd's down 2.75 Barclays down slightly the least but it's got the largest kind of global footprint There's a lot of the other banks are quite heavily UK focused Japan 225 Stopped dead at potential resistance 15 828 next potential support 15 488 Obviously lots of volatility there on Friday as well. It's all about dollar yen for Japan to do five still Before the non farm perils figure came out. We actually hit six and a half year highs We got there at 105 spot 71 You just see the volatility right here as the as if you could came out We bounce bang on potential support one of four spots 67 We're now in the middle of two ranges the US dollar is still making a little bit of headway this morning But this there is obviously a lot of pressure still on there because the non farm perils figure really missed expectations 145,000 was well was quite a lot lower than what was expected really putting the brakes on an industry a hike at the end of 2014 apparently But a lot of other US data has been quite strong But you can see there the longer the candle already prevalent We might have to retest of 104 spots 67 before we decide which direction we're gonna go Looking at Crudile West, Texas has also been under pressure breaking back below 95 spot 40 We're actually getting quite close or pretty much bang on the next potential support at 93 point 95 With the following potential support 92 spot 85 and that's even as the US dollar has been weakening across the board Gold has benefited from from dollars kind of lack of consensus Kind of jumping around about 1267 We do look like winning kind of a channel formation now Which wouldn't be that surprising since we've been in a channel upswing channel upswing channel Probably get the back down in 1218 and then have another big bounce to the up to the upside. That's obviously a potential Support level further on down the line there. I just trend remains intact I was certainly 1267 seems to be in play right now Looking at your dollar This was Thursday's ECP decision about punitive easing. We're on the wrong side of one spot 30 zero zero The volatility we had on Friday after non farm perils We pretty much touched here again. So we're in the midst words on the wrong side level right now Next potential support is all the way down at one spot 2746. So that's quite a distance to still travel I think one spot 30 is just gonna be a major resistance level level for your dollar And that'll be a level that most traders are looking at to see if the pressure is gonna remain on your dollar But certainly it seems to be that the fundamentals are not in its favor right now, but after non farm perils It's not so clean cut anymore If we look at GBP USD It got absolutely smashed this morning gapping much lower It's biggest one default in eight months for now at one spot 61 65 The next potential support level is one spot 60 zero zero Lots of pressure on here and Scottish referendums on the 18th of September They'll probably continue to be pressure on UK banks and and the pound across all the majors as well For as long as there still is this uncertainty expect more snap snap polls Last-minute ditch to try and save the Union will be in firm play for next seven eight days And you know a lot of traders seeing this as a major risk aspect So the case of take the risk of the table That's why the UK banks and the pound are getting hit so hard today Because there is this element of uncertainty now because people just don't really know what exactly is gonna happen to the UK financial markets If this if the Scottish independence vote goes yes On the 18th, so we just have to wait and see but expect a fair amount of volatility leading up to that as well Economic data why has already been your whole host of stuff coming out of China slightly disappointing you fast forward tomorrow There's loads of UK data. You've got retail sales industrial production and trade balance data all before 930 UK time Which gives you a bit of a flavor of what to expect keep you on the chart form as ever make insights popular going forward and join Me again tomorrow to find out what happened next