Happy Monday!
- Thaddeus Cummins
- Mar 15, 2021
- 1 min read
This is the Economic GPS Insight Report
I'm Thaddeus Cummins
Today is Mar 15 Monday 10:00 AM NY, NY, USA
#Yen Index - USD/JPY, GBP/JPY, EUR/JPY
Opening interest of GBP falls slightly versus Yen with USD following and EUR gaining slightly versus the Yen.
#Pandemic News
US house passed a bill allowing all US service members to access the COVID vaccine.
#Climate News
Climate impacts can reduce agricultural yield causing mass migration. One example is the one million Syrian farmers who moved into Damascus after drought leading to the Syrian civil war in 2011.
#Trade News
Shipping companies are selling fully functional carrier ships for scrap metal. If global trade bounces back this strategy may create trade constraints due to lack of cargo capacity.
#Economic Calendar News
Quiet economic calendar day with US and European sentiment reports due tomorrow.
#Technical USD/JPY on the One Hour Chart
USD/JPY in a trading pattern at 109.1.
This is Thaddeus Cummins looking forward to your continued success and don't forget to be awesome. Good day!
Thaddeus Cummins
"Meditate on the Good. The Math will Follow"
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