Terrific Tuesday

This is the Economic GPS Takeaway

I'm Thaddeus Cummins.

Today is November 16, 2021 Monday NY, NY, USA

#Yen Index - #USDJPY #GBPJPY #EURJPY

The Yen index is on an upward trend.

#Trade News

US Commerce Secretary Gina Raimondo stated that the US will not join the CPTPP but instead seek a new economic framework for Indo-Pacific trade.

source: https://asia.nikkei.com/Economy/Trade/U.S.-won-t-join-CPTPP-but-will-seek-new-framework-Raimondo

#Climate News

An international agreement to limit coal use brought coal shares lower yesterday. Analyst John Miller thinks the COP26 agreement reflects an "ongoing incremental consensus in the need to reduce demand for fossil fuel."

source:

https://www.reuters.com/business/cop/coal-stocks-slip-after-glasgow-climate-deal-2021-11-15/

#Pandemic News

Pfizer agrees to let other companies make its COVID-19 pill.

source: https://apnews.com/article/coronavirus-pandemic-technology-business-pfizer-inc-health-d4b4d2f5d2e001cc3573526e680c07f8

#Economic Calendar News

Retail sales increased 1.7% last month.

source:

https://www.voanews.com/a/us-retail-sales-surged-in-october/6315434.html

#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."


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