Be good to yourself, it's Monday.
- Thaddeus Cummins
- Apr 26, 2021
- 1 min read
This is the Economic GPS Takeaway
I'm Thaddeus Cummins.
Today is April 26 Monday 10:00 AM NY, NY, USA
#Yen Index - USD/JPY, GBP/JPY, EUR/JPY
The Yen index represents roughly $55 trillion of the global $85 trillion market. All three pairs are up in overnight trading.
#Pandemic News
More scientists and fewer waiters if pandemic hiring trends continue.
#Climate News
Brazil's Bolsonaro cuts environmental budget by 24% after US climate summit pledge.
#Trade News
The head of the World Trade Organization (WTO) said China is more likely to cooperate with trade if it is not made to feel a target of other international powers.
#Economic Calendar News
The London Inter-bank Offered Rate (LIBOR) is being phased out as the benchmark's reference rate was manipulated before and during the financial crisis.
#Technical USD/JPY
USD/JPY climbs out of the downward channel and displays railroad track reversal and downward hammer with elevated relative strength index on the one hour chart.
This is Thaddeus Cummins looking forward to your continued success. Good day!
Thaddeus Cummins
"Meditate on the Good. The Math will Follow."
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