I think it is all talk and no action. The West tried to focus on Russia and ignored the global economy, BRICS did the opposite. What BRICS does makes more sense to me than what the G-20 is doing.
G-20 is a public discussion. It is a good indicator of what worries the leaders of world's top developed and developing countries. Can the statements made during the latest meeting be used in Forex trading? Other than shorting the RUB, I doubt that.
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