This is the Economic GPS Takeaway
I'm Thaddeus Cummins.
Today is June 14 Monday 10:00 AM USA
#Yen Index - USD/JPY, GBP/JPY, EUR/JPY
EconomicGPS tracks the Yen index which reflects 60% of global GDP.
USD/JPY, GBP/JPY, EUR/JPY are all in strong upward trends, suggesting risk on conditions.
Copper prices in downward trend as G7 considers trade with China, Russian ransomware and how to help emerging markets with COVID and climate costs.
The G7 has agreed to boost climate finance.
The International Monetary Fund allocated 1 billion vaccine doses for vulnerable emerging markets.
#Economic Calendar News
Employment remains more important than tapering at the U. S. central bank.
Technical analysis is applied graph theory in the search of patterns.
USD/JPY completes fifth leg of an Elliot Wave on the 1HR chart this morning.
This is Thaddeus Cummins looking forward to your continued success. Good day!
"Meditate on the Good. The Math will Follow."