Japanese Economy Sinks into Recession, G-20 Offers Little to Shaky Markets (Euro Open)
Monday, 17 November 2008 05:10:56 GMTBy Ilya Spivak, Currency Analyst
The weekend’s G-20 summit passed with little lasting impact, Japan’s economy formally entered recession as GDP shrank in the third quarter, and Australian Retail Sales grew less than economists expected. The economic calendar is fairly thin for the upcoming European session, with September’s Euro Zone Trade Balance report the only notable item on the docket.Full Article