It's already Wednesday!

This is the Economic GPS Takeaway

I'm Thaddeus Cummins.

Today is October 27 Wednesday NY, NY, USA

#Yen Index - #USDJPY #GBPJPY #EURJPY

The Yen index is in a downward pattern.

#Pandemic News

Microsoft adds 23k employees in one year, growing 14% despite pandemic and tight labor market.

Source: https://www.geekwire.com/2021/microsoft-adds-23k-employees-one-year-growing-14-despite-pandemic-tight-labor-market/

#Climate News

U.N. agency now projects the number of global hours worked this year will be 4.3% below pre-pandemic levels. This is the equivalent of a loss of 125 million full time jobs.

Source: https://www.cnbc.com/2021/10/20/climate-fossil-fuel-use-dangerously-out-of-sync-with-global-targets.html

#Global Trade News

Trade is flourishing despite the pandemic, but global rules are needed to ensure growth.

source:

https://www.economist.com/by-invitation/2021/10/26/ngozi-okonjo-iweala-on-the-need-to-rejuvenate-multilateral-trade-deals

#Economic News

US durable goods orders better than expected.

source: https://www.nasdaq.com/articles/u.s.-durable-goods-orders-pull-back-much-less-than-expected-in-september-2021-10-27

#Technical USD/JPY

USD/JPY is in a downward pattern.

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

Thaddeus Cummins

"Meditate on the Good. The Math will Follow"