Terrific Tuesday

This is the Economic GPS Takeaway

I'm Thaddeus Cummins.

Today is August 17 Tuesday 10:00 AM NY, NY, USA

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

The Yen index pairs are mixed.

#Pandemic News

More than 20 million Australians, around 80% of the population, are living under restrictions from the pandemic - the highest number since a national lockdown started.

#Climate News

Recent climate extremes have broken long-standing records by large margins.

#Trade News

In 2021, world shipping flat rates on long haul voyages were 16-17%, less expensive, reflecting a collapse in fuel prices in spring 2020. International fuel prices rebounded from October 2020 to July 2021.

#Economic Calendar News

U.K. employment beats estimates.

#Technical USD/JPY

USD/JPY may be forming a head and shoulders on the 1HR chart as the EUR/JPY and GBP/JPY continue downward.

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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