Be good to yourself, it's Thursday!

This is the Economic GPS Takeaway

I'm Thaddeus Cummins.

Today is June 3 Thursday 10:00 AM NY, NY, USA

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

GBP/JPY and EUR/JPY pairs find trading patterns. USD/JPY continues upward trend as Russia exits USD investments.

#Pandemic News

The Coalition for Epidemic Preparedness Innovations chief recommends helping nations like Peru that now reported the highest death rate per capita. The world has lost 3.7 million to COVID. An estimated 50 million died from the H1N1 flu epidemic in 1918-1919. Waiting for the worst to be over and providing vaccine later will reduce the value of a vaccine.

#Climate News

The governor of France's central bank says a global standard for reporting climate risks is possible by COP26 in November.

#Global Trade News

Norway and Britain have made a post-Brexit trade deal.

#Economic Calendar News

Russia has divested 33% of national wealth fund of USD in an effort to harm USD sovereign currency status. Russia's move will take away an important hedge for Russia and will have no effect on USD $7 trillion safe haven status over the long run.

#Technical USD/JPY

USD/JPY continues strong upward trend over 110.2.

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

Thaddeus N. Cummins

"Meditate on the Good. The Math will Follow."

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