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  • G20 will use 'all policy tools' to protect growth as Brexit looms

    From reuters.com

    Leaders from the world's biggest economies are poised on Sunday to renew their commitments to support global growth and better coordinate actions in the face of uncertainty over Britain's decision to leave the European Union and growing protectionism. The meeting of finance ministers and central bankers from the Group of 20 major economies in China's southwestern city of Chengdu is the first of its kind since last month's Brexit vote and a debut for Britain's new finance minister. Philip Hammond faced questions about how quickly the UK planned to move ahead with formal negotiations to leave the EU. "We are ... (full story)

Alright, let's see if they can stimulate global growth again...I doubt they can...Specially on the short-term
Simplicity is the key to brilliance.
And they've done such a great job so far, maybe they should try not meeting, not talking, not tinkering and allowing the free market to have its way
Quoting NewtonsCash
And they've done such a great job so far, maybe they should try not meeting, not talking, not tinkering and allowing the free market to have its way
Don't worry about these meetings...they are not about business or the world economy, but about booze and prostitutes. But thats good, because the less these clowns do, the less they interact, the better for the economy itself.
Everyone can see the chart, but only a few can actually read it.
Quoting OnlineAddict
Don't worry about these meetings...they are not about business or the world economy, but about booze and prostitutes. But thats good, because the less these clowns do, the less they interact, the better for the economy itself.
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The only good thing for us as traders is to know how the market moves when these guys print more money into the market. The tendency is risky assets rises and the respective central bank's currency weakens. Hence, trading with that in mind is like a blessing in disguise.
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  • Story Stats
  • Posted: Jul 24, 2016 2:03am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 5  /  Views: 3,281