Just as expected an hour ago [5]...
- JAPANESE FINANCE MINISTER AZUMI SAYS G7 WILL NOT ISSUE A JOINT STATEMENT
- AZUMI: G7 DID NOT DISCUSS GREECE LEAVING THE EURO
But...
- AZUMI: G7 AGREED WILL WORK TOGETHER TO DEAL WITH PROBLEMS IN SPAIN, GREECE - RTRS
- AZUMI URGED EUROPE TO EASE CONCERNS OF FINANCIAL MARKETS
- AZUMI: G7 AGREES TO COOPERATE TO RESOLVE SPAIN, GREECE PROBLEMS
Luckily, they did discuss the.... Yen?
- AZUMI TOLD G7 JAPAN IS CONCERNED ABOUT RAPID YEN RISE
At least they agreed to agree to hold another press conferences... when XO is over 1000 bps. And so much for that. Next up on the disappointment ladder: the ECB.