Be good to yourself, it's Monday.

This is the Economic GPS Takeaway

I'm Thaddeus Cummins.

Today is May 17 Monday 10:00 AM NY, NY, USA

#Yen Index - USD/JPY, GBP/JPY, EUR/JPY

Yen index is flat.

#Trade News

U.S. and E.U. joint statement today says they will partner to hold market distorting countries like China to account.

#Climate News

The City of Baltimore is vulnerable to sea level rise and has sued 21 oil and gas companies for distribution and production of carbon dioxide emissions related to climate change and sea level rise. The US Supreme Court ruled in favor of oil and gas advocates who argued the interstate nature of pollution should be heard at the Federal level.

#Pandemic News

U.S. cities and states lift mask requirements. Japan and India suffer a COVID surge.

#Economic Calendar News

Japan's GDP growth rate forecast at -4.6.

#Technical USD/JPY

Three soldiers marching downward on daily chart. On the one hour chart USD/JPY bounces off 200 day moving average.

This is Thaddeus Cummins looking forward to your continued success. Good day!

Thaddeus Cummins

"Meditate on the Good. The Math will Follow."