G-20 Delivers No Surprises as Eurozone is Required to Strengthened Firewall

While the G-20 meeting was under the spotlight, it delivered no surprises. Financial markets changed little in Asian session as countries outside the Eurozone said they need the 17-nation region to show more commitment in resolving the sovereign debt problem before committing on any funding to the IMF. Oil prices dipped after rising to multi-month high as the IMF warned of global economic slowdown.

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G-20 Delivers No Surprises as Eurozone is Required to Strengthened Firewall