Friday, July 19, 2013

Forex Focus Flips To G-20, Japanese Election - Forbes

Forbes: "G-20 Moscow Summit Begins

Euro data is thin on the ground this Friday, with the kick-off to the first of a two-day meet by the Group of 20 nations’ finance ministers in Moscow underway. Russia has indicated that the leading members from the industrialized and developing nations will be working on a common approach to QE programs to avoid market volatility in the future. The gathered finance ministers will formulate an agenda for discussion by the G-20’s meeting of leaders in September. Ministers will be working out a “comprehensible criteria” for when and how such programs can be tapered. In other words, a predictable exit strategy with little mess!"

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