G20 issues a grab bag of hopes and promises |
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Japan slips into recession. Currencies relatively calm after last minute meltdown in Friday's North American session. MAJOR HEADLINES – PREVIOUS SESSION Japan Q3 GDP out at -0.1% QoQ vs. 0.0% expected and Q2 growth revised down to -0.9% Japan Q3 GDP Deflator out at -1.6% YoY vs. -1.7% expected UK Nov. Rightmove House Prices fell -7.1% YoY vs. -4.9% in Oct. Australia Q3 Retail Sales out at +0.1% YoY vs. +0.4% expected THEMES TO WATCH – UPCOMING SESSION Events Today: Norway Oct. Trade Balance
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