G20 was a flop

Review: G20 was a flop G20 meeting: As expected, the G20 meeting this weekend was a spell of ‘hot air’. G20 (read more) did not send a signal to Japan about inappropriate rhetoric in terms of monetary policy or similar – just like the announcement from G7 earlier in the week. There is no doubt that conversations have been made behind closed doors, expressing more concern about the Japanese monetary policy than the final G20-comment. Will the JPY-depreciation reach new highs? No, we still do

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G20 was a flop