This is the Economic GPS Takeaway
I'm Thaddeus Cummins.
Today is July 29 Thursday 10:00 AM NY, NY, USA
#Yen Index - USD/JPY, GBP/JPY, EUR/JPY
The Yen Index is trending downward with lower lows and lower highs.
U.S. economy returning to pre-pandemic level as the labor market heals.
Methane leak rate is twice as high in Mexico as the leak rate from U.S. oil and gas production.
#Global Trade News
China says their Belt and Road Initiative has helped developing nations and Fortune 500 companies such as Caterpillar, Honeywell and General Electric.
#Economic Calendar News
U.S. GDP of 6.5% tripped up by supply chain woes.
USD/JPY is in a downward trend below the lower Bollinger band with the relative strength index (RSI) diving.
This is Thaddeus Cummins looking forward to your continued success. Good day!
Thaddeus N. Cummins
"Meditate on the Good. The Math will Follow."