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It's already Wednesday!

This is the Economic GPS Takeaway

I'm Thaddeus Cummins.

Today is September 1 Wednesday NY, NY, USA

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

The Yen index is mixed.

Labor drought continues while fears regarding the Delta variant remain.

The World Meteorological Organization (WMO) documented over 11,000 weather related events since 1979. These storms are costing more but killing fewer people. The most disastrous include the Ethiopian drought of 1983 resulting in 300,000 deaths and Hurricane Katrina in New Orleans costing $163 billion.

On June 24th Taiwan's Port of Kaohsiung has received the 2021 World Ports Sustainability Program (WPSP) award for resilient physical infrastructure.

#Economic Calendar News

US manufacturing index reported better than expected in July.

#Technical USD/JPY

USD/JPY price action moved lower toward 200 day moving average on 1HR 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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