G7 Expected to Discuss Global Risks, FX Manipulation, Brexit
- The G-7 is scheduled to meet in Japan from May 19th (Thursday) to the 21st (Saturday)
- This is an opportunity for key global leaders to discuss crucial topics including FX moves, volatility and Brexit
- We discuss the important topics likely on the agenda for what they likely say, discuss and what would truly help
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Leaders from the G-7 start a three-day meeting in Japan which is expected to cover some of the most pressing issues currently facing the global financial system. Some suggestions of what will be covered at the meeting have surfaced from individual participants - both official and unofficial - but an official agenda has not been provided.
There is little doubt that the uneven state of growth for the global economy will be a top priority. It has been stated that FX policies and movements will not be a primary focus, however, history and significant changes in currency markets likely find this a central topic. Global uncertainties such as China's health, emerging markets and Brexit have been directly referenced in various speeches; and their gravity will likely warrant preparation.
While these and other critical topics will be discussed, there are certain aspects that will not likely be broached and plenty that is unlikely to make it to the market. In today's Strategy Video, we discuss what the G-7 is likely to discuss, what is likely to be released to the market and what needs to be discussed to prevent or at least prepare for tangible threats.
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.