Thank you very much Chairman. Can I say first of all I'm delighted to be here and to say that I'm the second member of my family who's been in this hollowed venue. My brother Nino Dodd spoke some years ago here, I remember Brendan a very interesting debate on peace in our country and the involvement and the importance of the American influence on that on that issue. So I'm here today just as you said Chairman that I have I'm in two different departments just to briefly tell you what I actually do. I'm in the Department of the Environment where I work with Minister Phil Hogan who's the senior minister there and I have specifically working on this water policy on all aspects of it. So it's a very involved and a very detailed involvement I have as Minister Hogan has in all aspects of the Department and secondly in the Department of Communications where the senior minister is Minister Pat Rabbit. I'm dealing there with natural resources with oil and gas with issues like fracking and also with inland fisheries Ireland so a very busy portfolio and this indeed is a very very important topic. Now I know some of you here today I don't know many of you I see for the first time I'm sure you see me so I have a speech here which the Department prepared for me but I'm happy to go off script and to answer any questions at any time because I think the message I'm trying to get across here today and I know it's the message that you Chairman I want everybody to understand is exactly how we put water right at the very heart of our policy thinking, how it shapes the future of our country, how it deals with the needs of our communities as people live, how it deals with water shortages in the future and particularly the focus on employment and where we think we see things going. Along with that there's a parallel process which as a politician I think is incredibly important and it's actually to serve to the people of this country the truth about water why we have to charge for it why it's so important that we do how we can get our economy moving again by by what we're doing and I suppose it's a political message which is based upon what's in our program for government and if I just read that to you because this is what our policy is actually based on. To achieve better quality water and environment we will introduce a fair funding model to deliver clean and reliable water. We will first establish a new state owned water utility company to take over responsibility for the separate local authorities for Ireland's water infrastructure and to drive new investment. The objective is to install water meters in every household in Ireland and move to a charging system that is based on use above the free allowance. So that's the task that we have and as you can imagine it's very challenging in many respects and I suppose the report card would say that since we came into government we've done quite a lot. The first job I had to do was to make sure that the entity called New Era was actually established and we did that in very quick time and that in Fitzpatrick is now the chief executive of New Era and shortly in the government legislative program we'll be introducing legislation to establish New Era on a statutory basis and also dealing with Irish water. One of the first things we did was to make a definite decision and I think this is important because a lot of people say to me that the Irish water industry as it is will remain in public ownership that there's no question ever of the privatisation of Irish water. So what we looked at were the possibilities of existing state agencies supplying that service to the public and by a process we interviewed through the department officials and other people, Borgash and Bordenamon, that competed for that project and based on recommendations Borgash now are responsible or will be responsible. The legislation is coming in this week, the water services bill which will establish Irish water or Ischka on a statutory basis. So I think that's terribly important because we'll now be moving to a legal framework within which Irish water will be able to operate and will be able to do the work that has been set out for them to do and I suppose the issue there is one of the biggest issues one of the biggest challenges is that presently in the water infrastructure in the public sector I think we have something like over 4,000 people who were actually employed or 4,000 people working in the Irish water infrastructure throughout the country but when you think about it that's an awful lot of people with an awful lot of knowledge with an awful lot of corporate memory with a lifetime commitment as many of them have given to improving the water infrastructure and I suppose you spoke about engineers and I have another brother who happens to be an engineer and engineers always know everything as we always know and they're never never wrong and they never are of course but I think that one of the people that impresses me most is when I went down to South Tipperary and I went up to look at a small water scheme up up the top of a mountain basically and I met the caretaker who had worked for 20-30 years working there and he had a lifetime commitment to his work every day and every night he you know he was on duty for seven days or whatever and I just want to express here in this forum to acknowledge absolutely the commitment of all of those workers and particularly the caretakers and the plumbers and the general workers who in local government give a fantastic commitment and I suppose the measure of that was to think about two Christmases ago when we had a very serious problem because of a very very cold winter around Christmas you may or may not remember it but in the south of Ireland in the south we dealt with all of those and we know that the water infrastructure which was in Northern Ireland actually effectively collapsed over that period of time and the chief executive lost his position so I just want to acknowledge absolutely the commitment the dedication the tremendous work that is done in local authorities and will continue to be done as well and that's the second part of the message that that that this is not this is not you know something when it has legal and statutory basis it's not just going to take over everything tomorrow and that's it it's a process of change it's so important that we get it right and right at the very heart of that is working with local authorities and I think that's a very important message to get out I think that there will be service level agreements which are in discussion between the department and local authorities right around the country and those service level agreements will give a continuing role to local authority workers involved in water infrastructure with a direct relationship with Irish water and that will obviously be phased out over a period of time but clearly it is very important that this work is progressing and progressing well and one of the benchmarks that there is in the process that has taken place and this is due in no small respect to the input from the department and the county managers and the trade unions is that that we have a forum should there ever be a dispute as to you procedures and how things should go ahead that that we have an independent chairman who will deal with any of those issues if and when they arise so I want to reassure everybody here today that the progress we're making is real it's tangible it's it's paced it's it's accountable it's transparent and it's also taking a board and building on I want to keep this is very important building on the tremendous work that is presently being done by all of those people I spoke about so in what way will Irish water be different well I suppose those of you that would that are in business and all you have to do is look at a recent report from the department of the environment in relation to the cost of water to industry and you could look at two counties if you look at Kildare and if you look at Wicklow the cost per meter cube of water delivered in Kildare is half the cost of that delivered in Wicklow now there are very good reasons for that because of the the geography the topography the fact that you have disparate water supplies and Wicklow whereas it's it's entirely different in county Kildare but what's very important is that industries in Kildare and Wicklow and everywhere else in this country that there should be one charge no matter where you are for your water and whatever house you live in wherever that is when you're paying for your water then there should be uniform charge for everybody so I think that's one of the things that the Irish water will be able to give as one water body that they will bring all of that into play and clearly I know the regulators may be here today that they will have a very important job in dealing with that and ensuring that there's fairness and there's equity in the charges and so on so it's quite a big task that lies ahead so we want to make sure that there's certainty and the other issue about the certainty for industry and I make this point because Dublin City Council have had I want to say a tremendous work done on examining the future of the water needs of the GDA the Greater Dublin area and I'm sure most of you are familiar with that report and the concepts therein that we have I think that I think the year is about 2020 or 2022 thereabouts we will have in the Greater Dublin area unless we can significantly augment the water supply we will have a significant shortage of water that the that the output of water that that that can come through the existing water services will be equal to demand and if there's if and when and our economy does recover we'll have to ensure that we have the capacity to deliver more water to this region and so what we're doing there as I'm sure is familiar to a lot of people is we're going to pump water which haven't got through a due and accountable planning process from the River Shannon up to up to the middle of the country supplying disparate and other communities on the way and in a place called Gary Hinch and I'm very proud to have been there with Borden Moana looked at the fantastic proposals that there are for the Gary sorry for the Gary Hinch reservoir which would be one of the biggest water reservoirs it'd be the biggest one in Ireland one of the biggest I think it's about 1,200 hectares of water which we will store and then pump it forward into the city and one of the big pluses for the midlands in this proposal and obviously with under the due planning process and I want to say that that you know that there is an ongoing consultation with communities in that area and I've met with the people myself and I'm very happy to continue to meet with them because what we will have to have is a partnership between everybody is that we will have in the midlands in Gary Hinch we'll have one of the while we'll have a massive new water resource for the Greater Dublin area and the Giant Counties we'll also have one of the one of it'll be a fantastic recreation and amenity project for the midlands and I've been in the United Kingdom and I've looked at you know such an equivalent type park and in one of them that I went to in Anglia Water they have over a million visitors per annum to this massive water resource and it's absolutely fantastic to see the hotels to see the recreation and amenity that's there so I think tied into this significant advance in meeting the water requirements of the Greater Dublin area will be a very significant improvement obviously in water and the towns on the way and also would be very important I think a really centre a national centre for recreation and amenity which will not conflict with the recreation and amenity that are presently enjoyed on the Shannon and that's an issue we'd be dealing with as well right so you have Irish water you have the relationship with the local authorities and then you have the actual structure of the company itself and its accountability now we will be doing two pieces of legislation the first bit here is going through the Shannon I'm sure you're all familiar with it is a pretty short bill is dealing with a setting up of the company itself and at later stages then it will be supported you know what the accountability of that company will be to the rockers as a commercial semi-state obviously it will have to reserve to reserve you know certain significant powers in terms of administration but it will be it will be subject to directions written directions from the minister of the day so we will have to make sure that the company can deal with the business issues that it will be accountable to the rockers the annual report will be laid before the doll it will be accountable before rockers committees and one and I'm addressing a wider audience that isn't here obviously right now is that one of the big things about public representation is the is the accountability of local government to elected representatives in the context of proposals in relation to water infrastructure and what's going to be terribly important in relation to this is to get the very important balance right between future planning needs in other words a city a town a county wants to develop in a particular way like there has to be a proper relationship between national water policy and regional policy and how those towns cities or communities will develop so that you've joined up thinking between the demands the demands of planning the planning process and the reality of what's available on the ground so I think that that's a very important issue there and I think also is the accountability that if if councillor is a much maligned group of people as I'm sure you can imagine when when they find that there is a problem with water infrastructure in their area at the moment they ring the county engineer or the guide that's accountable and he will say right we'll we'll get somebody there and we'll do this that on the other and we want to ensure that that accountability is there not just to the elected representatives which will have to be to and I want to stress that point that elected representatives will be able and will have full access you know to accountability locally but also members of the public that you Johnny Murphy or Mary McGuire whoever you are that if you have a problem with water that you will be that the company will be accountable to you that you know that it won't be this this amorphous mass somewhere in Dublin or Cork or wherever it ends up but that that they will be accountable to you and and that's very very important the relationship between Irish water and the consumer is absolutely critical and I know that plans are at an advanced stage already for a call centre which I think is expected to imply um I think it's probably three to four hundred people so that Irish water will be accountable to consumers will be accountable you know to business or private enterprise and so on so that so I think that's very important as well and further to that too I think that is important that we have to get the relationship right because water is such a critical issue and so important we have to have the relationship right between the problems that will that will arise and accountability to the iraq this and I think you know the committee system is is very good at that but I want to be happy I want to be happy that it is entirely accountable you know for major policy decisions but at the same time it's free to do and to go about its business in in in in the commercial world um so I think that there are some of the issues that I think are important the other issue I think which is incredibly important and I've spoken to Borgar about this is is actually selling the message out there now I haven't mentioned the uimf up to this moment in time and I mentioned it in in this respect clearly these reforms are taken place at this time the agreement that was signed with the previous government this is an essential and absolutely critical part of it that there has to be charges for water now and that is what has to happen and that that is what we have to do but I think that what's well no doubt that is that has to happen but to have to carry out these reforms anyway I believe is essential you know we need to do this anyway we need to do this to protect the environment we need to do this to ensure that that the future industrial needs of the greater Dublin area and everywhere else are met we need to have this reform there we need to have the changes we need to have new synergies well we need to we need to make it more efficient and more effective in terms of our overall costings the facts are that 1.2 billion is what we spend on the water infrastructure every year 1.2 billion what we actually take in in terms of in terms of charges at the moment is somewhere around 200 million now that's a massive gap that has to be met and clearly the company Irish Water as and when the charging system changes it will have to be fair it'll have to be equitable it'll have to be seen to be fair to everybody and think that's a core part of what we're doing and there has to be transparency about the charging there has to be accountability in the Eroctus to that and I know that the CEO who would be the regulator they are already accountable to the Eroctus anyway but I think as we go into this over the next couple of years you know the message from me is is that we have to understand you know what the problems are for people out there we have to meet their needs but we have to sell the message now one of the most important things to me is the question of education information getting it out there and I have referred a number of times to the actual program in the past in relation to race against race which was so successfully managed by the Department of the Environment and we are going to have a like program in terms of public information and knowledge so that people no matter where there are in this country will understand why it's happening why it is good for all of us that it does and that it seems you know that it makes sense to everybody that they can buy into this in these very difficult times and I spoke to a teacher you know these education teacher centers I was speaking there some months ago to the head of the teacher center in in black rock and I said you know I said we really need to address this issue holistically in a much deeper way and he said to me you know what we should be doing and what we'll have to look at is in our primary schools if I'm going on too long just stop me chairman if I you know I I probably go out of my hobby horse as I say but what's very important is that is that children and young people get the message now because of all it's very hard to get changed in any society but as in the race against waste as in things like separate and different like smoking in all of those when you sell the message to young people when they understand it and believe it and it's real and it's true and it's not dressed up in anything that isn't factual and correct then you win the battle and the battle here is for the hearts and minds I believe of the people of this country this is what we have to sell them they have to buy into it they have to understand it we have to explain it and I think one of the key ways for me and I haven't progressed just any further than just talking to that gentleman was we need a proper water policy in our education system as well we need to get the message out there and obviously it'll be holistic it can go into all of the issues that you raised here about climate change and so on but I think that's a core part of how we have to change and that's something that I'm committed to as well so I think I think the question then you know that the accountability cost effectiveness cost effectiveness and efficiency are very important you spoke chairman about the cost of the barrel of water I think what was it 85 dollars very five euros sorry excuse me 85 euros yeah okay well I mean the cost of water that we supply I think we worked it out per meter cubed on average is about what it's about 252 an average is what we charge for water and you wouldn't get one bottle of barley gown for that in a in a pub in Dublin would you so we we're given very very good value for money there but I think what we need to see is the waste of water in our society I know probably people here from local government I think to figure nationally of what we call unaccounted for water that is water that we treat that we pump that we store that we put in the pipes and it goes absolutely nowhere into the ground unaccounted for is over 44 percent that's a massive that's a massive amount of investment that is absolutely wasted and hand in hand with the process of of of water metering which is coming in must be and will be accountability in reducing that wastage of water now there's a table of counties I won't go into them all you can look them up yourself some of them are as high as over some of them are higher than 60 percent some counties in this country the amount of unaccounted for water is over 60 percent now Dublin is very very good in terms of the national figure I think we're under 23 24 percent and if it's still an awful lot of water wasted but it's an international an international average is it's it's not bad but so we really have to tackle that and for the consumer out there who's going to pay for this water they're entitled to know and to ask what are you doing about the waste what is it going to stop how are we going to do that and that's part of the buy-in to the process is that the investment program the investment program which I think we believe should be somewhere around 600 million per annum is a figure that we have that's what we should be putting into a water infrastructure that's what it's for that's what it's for is to make it better it's to you know it's to do a proper job and those of you that have traveled as I'm sure you all have when you go to places you know when you when you go to places like Korea right what's I know it's a different country obviously South Korea want to count for water something like three or four percent it's unbelievable and that's real of course they went in and they re-bored all the piping and all of that so like you know we've got a big task here we've got to sell it and I think if we sell it right if we get the messages right people will buy into it and they will pay for it they will pay for it if they believe it's fair and it's accountable and so I think that so I think the other point is and I'd probably stop now if I'm happy to take take questions or whatever way and one of the other one of the other big issues is is you know basically when you say that that you know that that the charge is when we fix the water will our costs go down well it will mean if we reduce overall if we reduce the wastage it means then that we don't have to build as much new bits of infrastructure maybe down the road it means that you know we can go further with less because we're using every single drop I think as a senior board the policy is every drop use every single drop that's what we should be doing and I think one of the positive things about metering and there's a lot of people who would be very critical of it but when you talk to people from group water schemes right around the country and there's an example I think it's in the Kevin Monhan area I can chapter and verse we can get you but when they introduced water metering in their rural community now I want to stress obviously there was agriculture use as well they reduced overall consumption in excess of 70 percent in excess of 70 percent now I think the figure that I get from people that I talk to in terms of urban areas that that people will be able to reduce their use of water you know obviously for economic reasons but also for conservation reasons by at least 10 to 15 percent so there's big pluses in our society as we go down this route so I'm happy to I'm happy to take any questions I want to say finally that I'm very privileged to be here it's a major task we in government have in hand and I think by dealing with it in a fair accountable transparent way the issues about water and water infrastructure will be dealt with fairly openly transparently and accountably and I believe that Irish water and I want to congratulate Borgars for their excellent involvement commitment and absolute professionalism and all of this I think that they are the right and proper vehicle to do that I believe that that Borgars which is the major of the board as we call it in legislation it has a very very very fantastic record really in relation to working with with ordinary people fixing issues being accountable being available and I think that's very important for us so I suppose the last thing I'd say before I sit down is that I was in Toronto there some time ago and we were looking at water infrastructure and issues over there and we're sitting in this this room talk around the table and I said well what's it like in Ireland anyway and you know what's your domestic charge for water and we said we don't have any and they laughed and then they said you know what's your household charge and I said we didn't have any either and I suppose at the heart of all of this in our country is that for so long for so long we didn't face the truth and the truth is to have a sustainable modern economy to have a real country that has sustainable base and tax and income now we're standing in the pain that there is there for people to do it we have to have household charges and we have to have we have to have charges for water now what that means then is that you have a sustained income you know for essential activities in our economy that will be there and that we won't be relying as we did for so long and so many years in the past which almost destroyed our country brought us to the brink of ruin you know on a housing boom that ended in in the bubble that that that bore so badly and so difficult for so many of our citizens so thank you very much for listening to I'll be happy to take any questions thank you


Our study found that mothers who experienced intimate partner violence had higher levels of methylation at a specific CPG site on their NR3C1 gene, which could be associated with increased risk of mental health issues. This suggests that epigenetics may play a role in the development of psychological distress in women exposed to intimate partner violence. Further research is needed to explore this relationship further. This article was authored by Danny Lorwajie, Nazer Marina, Chantal Martin-Sowelch, and others.


So, for any of you who didn't meet me this morning, I'm Anne-Marie Slaughter, the President and CEO of New America, and I have to say at this hour I feel like launching into a rendition of the St. Crispin's Day speech. You know, we few, we happy few who are still here. However, my staff is very good at managing up, and I was informed that we do not need an elaborate closing speech, so I will not give you one. And I will simply close by saying it's been an extraordinary day both in this room but also and appropriately for our subject. We've had over 1,700 unique views online, which would fill this room many times over. We had 260,000 Twitter accounts reached by hashtag, which is responsible for 903,000 impressions, if you want to measure it that way. And we have been trending in Washington, D.C. since 930. Now that's not the world, but nevertheless. So I want to just close with some thank yous, because as you can tell, this takes a lot of work to pull off, and I want to start with Andy Wilson. Hold your applause till the end, please. But Andy Wilson, who really was the lead organizer here, yes, he props there in the back. And our amazing events team, Veronica Mooney and Kirsten Holtz, and then Megan Garcia, Elizabeth Weingarten, Peter Singer, Robert Morgas, Kuhman Park, Kevin Bankston, Bryn Hen, our amazing communications team, Allison Yost and Maria Elkin, and in the back, John Williams and Amanda Gaines, without whom we could never do this, Joanne Zalatoris, Hannah White, Lauren Westlin, and our development team, Lauren Westler, Lauren McCarthy, the Lauren's, Meredith Hanley, Tyler Richardette, who's our web designer, and Laurel Leib, who's helping us out in events. And if I left anybody out, it's somebody else's fault. But seriously, it has really been a fabulous day. And deep thanks to everyone who made it possible, and it is now time for drinks. Thank you. And of course, Ian Wallace and Ross Shulman, the heads of our cybersecurity initiative. Thank you.


Hi, my name's Leon Rowe, currency trader and trading coach at Trading180.com Welcome to this week's supply and demand for us and gold fundamental and technical analysis for the week starting January beat 22nd and I hope you had a great trading week last week and looking forward to this week and Before we get started, please don't forget to like subscribe and share my content with the YouTube world or wherever you're really watching this from as it helps Support the channel and gets the quality content out to those that potentially may need it and Thank you for all of your likes and comments. I appreciate all of them So getting into the week ahead so it will be an important week in the US with investors closely monitoring the advanced estimates of Q4 GDP growth rate PCE price index and personal income and spending Additionally attention will be directed to durable goods orders manufacturing and services PMI's and New and pending home sales so lots going on in the United States when it comes to data supporting At least some GDP either grow for all contraction as well as PCE prices index which is Inflation based so on the global stage interest rate decisions will be made in the Euro area Japan and Canada also Manufacturing and services PMI will be closely watched in Australia Japan the Euro area and the UK and furthermore Germany will release the LFO business climate and GFK consumer confidence indices while Australia will present the NAB business confidence. So again lots going on in terms of data this week so getting into the charts and Starting off on the dollar index and this is a equally weighted dollar index And for those of you who are not really sure or maybe watching for the first time You know why and how to use the Equally weighted dollar index. I do have a video here. That was produced five days ago It says for a strategy using the equally weighted index to identify the best for X trade setups and pairs And also it was well, you have the calculation for pretty much all of the equally weighted currency indexes and so Yeah, I basically just go over why I use them why the DXY is probably a bit more outdated and also as well an Insight how to apply it to your trade and so you can choose really the best levels and so looking at the equally weighted Dollar index and we have come up into this area of supply Now my bias actually is to is more leaning towards Buying the the dollar at the moment But because we're up at this supply zone this expensive area I'm gonna have to really wait for a pullback into a level of demand here for some confluence and so When we look at this from a technical analysis perspective, like I said We're just really for more confluence and understanding where you are from an expensive or cheap area The dollar is really at an expensive area. It was expensive back in December Therefore prices went to the downside We've reached this expensive area again and the question is is will it be, you know expensive depending on what happens with the data this this week now really all roads kind of lead to the interest rates or the expectation of interest rate cuts and The market has really kind of priced in the first rate cuts for March and Now they're actually pricing out those cuts right and so cuts if you don't know typically devalue a currency and We've had Fed officials basically come out and say that the data doesn't show it's time for a rate cut yet And I've been saying this for a while In fact, I mean if you've been watching my weekly videos that I kind of disagreed with the fact that they may cut in March, of course anything was possible. I thought it was Unlikely and it says here that Dali says it's premature to think cuts are around the corner and feds Bostick and Goolsbee emphasised data in Data's role in thinking of course the data needs to support rate cuts So what the Fed are really want to see is not only inflation coming down to their 2% target, but they also want to see Economic data rights and they want to see a real kind of contraction in the economy now I do think overall that they will cut we are in the cutting cycle of the Of the economic cycle in terms of You know the contraction phase and the rate cutting cycle But I think that's probably maybe gonna happen more towards April-May rather than rather than March and so what you're also seeing as well when we look at the Fed watch tool If you look at what's going on in March And so we've you know, you've got January 24th up here We've got March there and if you look at the probabilities the probabilities of a no change is now 52% and in ease is 47% and Just about about a week ago, right there was actually a 19% chance of a hold and now we're looking at a 52% chance of a hold and what's that's pretty much done is Is that the market has got ahead of itself in pricing in the devaluation of the the dollar and so And so now with the data not really supporting a rates cut For the dollar the markets had to price out the the rate cuts And so that is really what has strengthened the dollar over the past Well since the beginning really of the year, right? We've seen the dollar really kind of rise as the The market has priced out rate cuts. So when the market is pricing in rate cuts This is what we saw, right and then now we haven't seen the data really support those rates Cuts yet. And so the market is now pricing out those rate cuts. So I Do think there's an opportunity to continue to buy the dollar But again if the data starts supporting rate cuts sooner, right? So if there's some bad news or worse than expected news for the dollar this week in terms of GDP and Some other data that contribute to the GDP then in fact, you're likely to see the dollar start to decline in in value a bit more Rather than if this may be being more of a pullback It's probably maybe more of a sustained move as the market then start will start to price in and increase the Probabilities of a great cut, right? So keep an eye on the Fed watch tool So that's where we are with the dollar overall Looking at the dollar yen and the dollar yen again with the dollar being quite strong and appreciating based off of Rate cut expectations or the or the pushback in rate cut expectations. We've seen obviously the dollar start to Move higher now with the yen. It's a slight different story where the Bank of Japan are actually looking for inflation to to increase and so And away from their 2% targets So it says here that Japan's slowing inflation supports case for Bank of Japan to wait longer And so services prices continue to rise up fast this clip in 30 years and slight and electricity prices Deepen cost of lodging so overall Japan's inflation is slowing and so if Japan's inflation is slowing and it's not necessarily going You know trending away from their 2% target in terms of trending higher then The Bank of Japan are likely to hold rates for longer rather than hike And so what that's doing is is that is basically putting pressure on the Japanese yen in terms of its Pricing in of rate hikes, which basically means that it should get weaker, which is the reason why you're seeing You know one hand that the US dollar Appreciate because of rate the expectation of rate cuts being pushed further out But also as well You have the expectation of rate hikes from the from the Bank of Japan Also being pushed further out, which is weakening the yen And so ultimately you can look for short trades right now or you can look for pullbacks into demand zone before getting long and looking to buy the the the US Dollar and by the way as well if you're maybe a bit struggling to kind of understand what I'm talking about in terms of leading and lagging rates cuts and hikes if you go down to my videos on my YouTube channel if you scroll across there's a Video that I've created called Forex fundamentals trading webinar use leading and lagging interest rates to predict big trends And this is the one right so that's what you're looking for and really that will explain Interest rates in terms of Leading and lagging and who's cutting first who's cutting last or who's hiking first and who's hiking last and that would basically have a major Effect on we'll know in that We'll put you in You know Give you the knowledge really to understand why currencies are strengthening and or Devaluing over the medium to long term in a short term typically it's about you know positioning But that's a great video to watch and so this is the reason why you're seeing prices do what they do What they've done and maybe continues to do what they're going to do in the near future So at the moment it looks like the dollar really is the one to buy so any pullbacks should be buying opportunities until really the data supports the narrative of either a Yen hike or a dollar cut sooner And the dollar CAD This week again I was saying this week that last week in last week's video that I was probably more longer the The the US dollar than I would be the Canadian dollar although we are getting a bit of a pullback on the On the Canadian dollar as the Bank of Canada actually are May come out and be a bit more hawkish as they had inflation data come out that was supportive of more of a hold rather than a Cut sooner so I do think overall though that the dollar the US dollar should be the one to buy out of the two And so any pullbacks are buying opportunities if you do want to be a buyer of the Canadian dollar Then you've got this level here, which would be you know technically the one three sixes Quite decent. You also have a level of Support as well in that zone that is turned resistance. So that's some extra confidence within that area. So That's really where you're looking at. I think from a demand zone perspective. I think that 1336 To one three three fives are decent for a potential Long-term if you if you drag that back as well, you can see that that has got some decent confidence within that area So Yeah, looking all right technically, but my bias would be more to buy the US dollar over the Canadian dollar pound dollar the pound Has gone through some decent news this this week and then say last week and The Yeah, there was some but there was some really disappointing news in terms of Retail sales and so UK retail sales drop raising odds of mild recession in 2023 So December decline was steepest since lockdown three years ago and results feed case for Bank of England to cut rates and so yeah intro basically a Retail sales came out and came in the lowest it's been since really, you know, January 2021 and so Retail sales obviously have an effect on the economy and spending and what retailers are really kind of taking in so from that perspective if the Pound in the UK were to enter into really a recession You should see the pound actually start to to weaken and so Let's see what happens there also as well. You do have a supply zone. So if you are looking to Take this trade in terms of short trade Then you're looking for really kind of pullbacks into that supply zone before looking at short trade or if you're looking for long trades I would say a move down into maybe the one two sixes down to one two five fifties one two fives before looking at Getting long but ultimately This power this pairs a bit of a trickier paired to trade It's not necessarily clear cut, but my bias would probably be more the game to kind of lean towards potentially the dollar in the short term, but if the pound can hold out in terms of the Rate cuts coming later then the Federal Reserve Then I think the pound is probably going to be still supported on on bias Pound yen and the pound yen has come up to a decent level Really kind of like a market high. We haven't been this high for quite a while Well over a year and so if you are looking at some short trades meaning that you want to take advantage of maybe some sort of pound weakness potential weakness based off of The the fact that they may enter into a recession then or marvel session at least Then this is actually a really nice level to look for some shorts We are at market highs. Just be mindful that This level looks like it could be stop-hunted There was already a stop-hunt above here, but the the Japanese yen at the moment I think because it's quite weak. This is probably a bit more susceptible to potential Stop-hunts above the level it could be but hopefully not if you are in this trade If you're looking for just a pullback on the the pound then this area in terms of Demand is decent. You also have a some recent support and resistance in this area as well as some technical Confluence so nice in that zone for a potential buy on the pound yen or right now in terms of a short trade and they be taking the advantage of The pound weakness and also as well. I think the Bank of Japan. I think if not this week Maybe the Actually at the end of the month. I think it is Actually, no is this week. Japan will be Announcing their interest rates and what's going on So that could actually they're hawkish then they could act this cat should be a really nice trade to the downside power trade dollar euro dollar and Euro dollar this week we've had Supply here from the beginning late last year We haven't really had a major trade setup. There was a bit of a stop-hunt around these these lows here but Yeah, I think my bias would be more to look for short trades within that this supply zone at the moment now the euro Just like every other central bank You've the the ECB are basically pushing back against the market's expectations for rate cuts and And so it says here policy makers including Christine Lagarde this week explicitly embraced the idea of a summer Rate cut as traders ignored pushbacks from her and her colleagues against their bets that monetary easing will kick off in the spring so the market are pricing in rate cuts around April and Christine Lagarde is pretty much pushing back on that and saying no it's unlikely that it's like it's like to be More June right more summertime and so again, I think the euro will be More of a buy If for example the fed start to cut first right and the dollar start to cut first if that is seen by the markets Then you're gonna likely see at least a pullback up into You know, maybe past these are up to maybe the one eleven's and possibly the one twelve now the Situation with their economy the euro economy isn't looking great. In fact the US is much better in terms of Where they are in the economic cycle, so it's my belief at least until the the next maybe month or so that Hopefully we probably may see some more downside But I think once the Federal Reserve do stop to look to cut rates They cut rates before the ECB and also as well if the ECB do dodge a recession in terms of you know The eurozone economy dodges a recession then in fact you're likely to see the euro. I think strengthen Because that will Basically give the confidence for the European Central Bank to actually hold for at least a bit longer But if they go into a recession sooner and if the recession is seen as a deeper recession then I mean I see further weakness for the euro in at least in the short term So let's see what happens here that but the path of these resistance for now I think is still continued to the downside at least in the short time Euro yen Euro yen again if you want to be a buyer of the euro probably at the moment the yen might be Best bet until obviously we get Data supporting buying the yen, but um, but yeah, I think any any Long trades in terms of buying a euro. You're looking at probably that zone there Which does align with You've got level of support and resistance and you've got resistance from a daily resistance then support So any pullbacks into this zone is going to be really nice technically as a technical buy But once the yen if the yen do start to look to high crates Then as they are the only central bank to high crates if prices do come up to these Supply highs then Ultimately, this is going to be a really nice area to look for yen buyers and euro yen shorts Towards the rest of the year, but again I think the yen at the moment they need that, you know inflation to release, you know The patient numbers to kind of kick in And start to move away from their 2% target in terms of you know towards the 34% So let's see what happens there. So those are the options euro pound My bias again I'm saying over the past a few weeks that my bias would be more to buy the pound over the the euro You're seeing that kind of play out on the chart. So you've got supply zone You're looking at really pullbacks. I think and again both Countries aren't doing well in terms of they're both looking at facing, you know stagnation and and the recession but in terms of The market pricing in, you know, the rate cuts It looks like the pound maybe slightly later than the euro And if that is the case then the pound should be more supported Against the euro, which would mean that the path of these resistance should still continue to be to the downside So any pullbacks into that supply zone will be quite nice also as well, you do have a level of Some support here that turns into now Resistance anywhere around that price on there just above it It's going to be, you know, really nice for a potential technical setup to the short side if you want to get involved in that The Aussie dollar Aussie dollar not necessarily a pair that I'm looking at at the moment But I know many traders do look at this pair So we've got a level of demand So if you look into buy the Australian dollar, which at the moment I do think the Australian dollar is still looking like a potential buy Although they didn't have necessarily the best news of there was some employment news that came out Which wasn't which wasn't great, but again looking at where they are in terms of their interest rate Cutting cycle They are one of the later central banks to start to cut rates So that should continue to support the Australian dollar overall Which then means that there could be potential buying opportunity at some point I don't necessarily think it's now I think once the US dollar do go into their rate cutting cycle Then the Australian dollar is likely to be a buy But for now I do think that the this pair is a bit more tricky to trade So not necessarily a pair that I would look for but technically You do have a really nice zone on here or again You've got not only demand, but you've got a level of support and resistance in there So I do think this is nice the fresher area of demand this level has been touched once twice already three times Of course could bounce from here But I do think that if it goes down to be on the 65 round number and just below that I think that should be quite nice for a For a buy trade in terms of the technical buy trade But again need to see that the dollars really start to have some some disappointing news in terms of their economy and If the market really starts to price in rate cuts sooner Then that should actually still support the Australian dollar What you're looking for just some pullbacks into supply and looking for a short trade in terms of buying the US dollar and finally gold Gold this week in terms of supply and demand. We've had in fact a nice demand zone there The bit of a stop on matter of fact at this area So a bit of but it was a stop hunt, but whether that stop hunt follows through now is is something else It's a tricky trade to take at the moment simply because the dollar is continuing to defy the odds in terms of a rate cut in March and so There could be some more weakness in terms of You know dollar strength and gold weakness, but ultimately in the rate cutting cycle And once the dollar does start cutting interest rates, then what should happen is The gold should start to increase in value as the dollar decreases in value, right? And so any pullbacks into, you know, these demand zones I think are going to be nice buying opportunities for gold as we get later into the year if you are looking at Selling gold then your supply zone is going to be starting at the 2050s around there before looking at Short trades on gold So short trades on gold will be buying the dollar, but if you're looking to buy gold, then you're looking at At least the Federal Reserve to really look to start Cutting rates and once that starts to happen is zoom out We should then start to make some new potential new highs and higher highs in terms of you know The the economic cycle where we're in the contraction and potential Recession phase so that's it for this week. I hope you have a great trading week and speak to you soon Take care


Hi guys, as you may already know we usually test new and exciting mobile devices, however this test is going to be a little different to the others, let's say a little physical or perhaps a lot. You can find a lot of external hard drives on the market and most of them are fragile and needy. However, Adidas new HD830 comes to destroy this cliché. It features three layer construction which offers shock, dust and water resistance. Next, let's test the shock resistance by dropping it from waist high a couple of times. Apart from some scuffs and marks, HD830 came unheard from our drop test. So next, let's try drowning the guy. Adidas states that their drive can survive a submerge in under 2 meters of water for up to 2 hours. Still nothing, so we guess you can take it for a swim without batting an eye. Or can you? Finally, we're going to test the claims that it can withstand up to 3 tons of downward pressure. Since we don't own a tank, we're going to rely on our good old Ford Focus. We were very impressed with the durability of this drive. We would comfortably say that HD830 easily justifies the big-bodied text on its box. Thanks for watching guys, if you'd like to see more videos like that in the future hit that like and subscribe button below. And don't forget to pass a visit at laptopmedia.com.


with E-Tree here. Yes, hi. Hi, so who are you? My name is Hui Hui Lo. I'm responsible for international collaboration of the Industrial Technology Research Institute. So E-Tree is a famous university in Taiwan? I'm very, very famous research institute in the world, not just in Taiwan. Leader? Leading Research Institute, yes. And what are you showing here? What we're showing here is a highly integrated functional front plate. And on top of the touch sensor, there is an ultra-thin circular polarizer. And on top, there is a 7-H hard coat. And this is very thin. It's only 80 micron in thickness. So it can be folded at a very small folding radius for 100,000 times. And you can see here that even being folded for that many times, the touch function is still normal, where you can see, especially in the folding area, that the touch is normal. So what do you use for touch? The touch is to be integrated with a flexible AMOLED panel. And although we don't have an AMOLED panel this time, but we will be showing in the upcoming September Touch Taiwan exhibition, and integrated with an active, foldable, plastic AMOLED panel. Do you have it in Computex next week? Not yet. Not yet. Computex. But Touch Taiwan. So is it based on silver nanowire or something else? I know it's on ITO. But we have a flexible ITO. Yes, it's a specially designed ITO. How is this possible? ITO normally is only glass, right? It's inorganic. It's not glass. It's inorganic material. But we do have a special design to overcome the flexibility issue. All right, because everybody is talking about the flexible displays now. And you have Touch solution for that? Yes. And is as good as normal Touch? It's good. So every multi-touch thing to do? Yes, it's actually a multi-touch. And it's a shame that we don't have an AMOLED panel. Otherwise, we see this multi-touch. Maybe you can ask AUO to give you a display? We do have display. But it's just not integrated this moment. Yes, we do have one. What are we looking at here? This is the film that contains a hierarchical on the top and the ultra-thin circular polarizer on the back. And it's very thin. It's nearly like 35 micro in thickness. It blocks the light, no? Is it not fully transparent? It's not fully transparent. But the transparency is relatively high. And it's good enough. I don't have the number right now. But you will be able to see when we integrate this in Touch Taiwan. So please come to see us. All right, cool.


So, we have a thing working now, but yeah, obviously it needs a lot more work, it's currently playing random musical notes, and let's see what we've got, this code seems to work now. When you scroll through, EG generates these musical notes, which is fine, except that should be dynamically generated. How to modify the code to generate musical notes dynamically from EG data frequency components. See what we get. Yeah, we already have the mapping bit, so it's going places now. It's different to what we had. Yeah, that sounds the chip, we need to find closest musical note to EG frequency. We already have this code. Yeah, we do want to segment into smaller parts. Yeah, we will do a linear interpolation. That's probably the chip before. Yeah, yeah, probably should start the new code. We just need to fix this EG. It's not currently being used because it's commented out. Yeah, a bunch of those, and the names, I don't know why I need the note names, but okay. So, getData is okay. ConvertNg is partially commented out. The active part generated list of musical notes presumably based on the EG data, and returns them as Gs, and the concept part is to tend to more complex EG data processing. Yeah, that's right. In case this notes, the problem is that if the notes, if I call it that, it will stop working. If I need that, well, EG data should be there. Again, it's a problem here, converting the data, and it will show a different channel after a while, but converting EG data. This argument requesting business is meant to be default because that's not the right number. Right, it's printing the data, okay. I'm getting this era G loading check of channel, and let's go one by one. Ensure that load underscore data function is correctly reading and processing the EG data. Well, that's okay. Load data is returning to the EG. The issue might be in the scaling or mapping of the EG frequencies to musical notes. Currently, it seems like you're returning a hard coded response with notes C4, D4, E4. If this is for testing purposes, ensure that the actual data processing logic is correctly implemented and used. Yeah, it must be mismatched there. So the coded work, this one. And so I know this code worked, looks the same. The only difference is how this code is structured. It's all being converted to EG. It's the musical notes instead. Yes, that's what the seizure sounds like, I think. Let's double check the code. Let's save this quickly because it has something useful. Yeah, I can get rid of some of the commented out. That was just for testing. You can print the musical notes and check this scale. Need to stop playing some sort of button. Actually not meant to be playing multiple times. We can't really call it music, but let's see if we can improve it. The mapping, there's some fancy neural network something for the mapping instead of what's currently linear interpolation. Yes, we don't actually need it. It's now happening twice. Yeah, load data is in a separate function, but this one, that is also a problem. Scrolling is still late. On sessions, late several times, and the slider is moved. Yeah, it depends on throttle. Good idea. Yeah, we do want to do that. What other things? Right, still a print playback. I haven't thought about it. What does that mean? Okay, yeah, that's actually what I want. Yeah, I'm thinking of fixing it in the back end instead. We'll have this DJ feel to it when you actually move the sliders. I'm not sure if I should be doing it front end or back end. This one makes a lot of sense. Canceling previous requests. Holiday request parameters. Should it stop playing or play on top of it? It's kind of tempting data slider thing. So instead of that, the bouncing didn't really work, did it? Don't use the web media anymore, do we? So if I click on it only once, okay, and reduce the window size to 10. Yeah, it's not affected by the window size, there's a problem. Count is always 100. Fix code. Yes, it should be default. That's not just getting the value from the document from the front panel. Okay, made global, isn't it? So that will be the default. That's the whole update data function. The application, see what it says. 10 windows. So let's test this. Okay, having a problem. Channel zero, strike it again. Start is not defined. JS, JavaScript, line 81, change, convert agent to music. Yes. Get rid of that error. Let's make the window size 10. Okay, so that's what the seizure sounds like. At the end here, we should have no seizure. Okay, first of all, it's playing the same. Let's stop this. It's still playing the same thing over and over again. Now it's changing with the slider. That's good. Let's quickly just keep testing this for a sec. Just try a different channel, different ng-chill. And why is all this errors? Not the errors there. I mean, there's no problem. It's still working. That's a good thing. I have a window size, but just to just need to make sure it's generating less nodes. So even two nodes, it's only played one. Yeah, there's something funny with this buffer node found business. Let's do channel four. I did one node and three node found. Okay, I think I know why, because we are not defining them in Python code. Only have one of those. We actually don't have any of those. Do we have a node? No. Do we have a F node? No. E node? No. This one? No. That's odd. Okay, if we have musical nodes as that, it's actually played all of them and one node found. It's really odd in the context of audio. The error could be a result of attempting to process or visualize data that isn't yet available or has already been processed. My hand goes musical nodes and this error with buffer 20 node found. Yeah, this one. The error buffer 20 node found in the context of using soundfront player.min.js suggests that the soundfront player is trying to play a note for which it doesn't have the audio sample loaded. This is a common issue with free or limited soundfronts. Make sure that your code isn't attempting to play sounds before any user interaction has occurred. Check the state of the audio context and ensure it's not in a suspended state when trying to play a double check the format of the note names. Ensure they match exactly what the soundfront player expects, including capitalization and notation like C-Sharp 4 Phidias, C-Sharp 4 or DB4.