
Be good to yourself, it's Monday.
This is the Economic GPS Takeaway
I'm Thaddeus Cummins.
Today is October 25 Monday NY, NY, USA
#Yen Index - #USDJPY #GBPJPY #EURJPY
The Yen index is mixed to start the week.
#Trade News
Shipping lanes in the Red Sea are defended by an Arab coalition.
Source:
#Climate News
The UN's COP26 summit is about to start in Glasgow, Scotland. COP (Conference of Parties) has met almost every year since a 1992 treaty promising to stabilize greenhouse gas concentrations and prevent dangerous changes to the climate.
Source:
https://www.npr.org/2021/10/25/1047617334/cop26-summit-climate-change-un-glasgow
#Pandemic News
The Rockefeller Foundation invested $150 million to build a global pandemic early warning system.
Source:
#Economic Calendar News
German manufacturing sentiment is down slightly with 97.7% reporting good conditions and expecting improvement.
Source:
https://www.ifo.de/en/node/64725
#Technical USD/JPY
USD/JPY is in an upward trend.
This is Thaddeus Cummins, looking forward to your continued success. Good day!
Thaddeus Cummins
"Meditate on the Good. The Math will Follow."