This is the Economic Gps Takeaway
I'm Thaddeus Cummins.
Today is June 14, 2022 Tuesday NY, NY USA
The Yen Index is on a trading pattern.
#Global Trade Takeaway
OPEC and Saudi Arabia agreed to a larger increase in their oil production. This translates to more oil on the water and higher demand for suezmax tankers.
The MSCI, a benchmark gauge that tracks about 2,900 stocks in developed and emerging markets, dropped 3.7 per cent to 597.64 on Monday. More than US$18 trillion was erased in the 21-per cent slump from the index’s November 16, 2021 high, the textbook definition of a bear market.