Today we have published our ‘World First Economic Calendar’ (attached to this email). This calendar seamlessly fits into your existing Outlook calendar and details the important releases for upcoming week.) This does however not work in Outlook 2003 or on a Mac however development is going into releasing calendars in those formats. Simply open the attachment (selecting replace if you downloaded last week’s)

Apologies for the lack of video this morning; this is due to technical issues.

And so our brave team flies home today, weary from battle against some of the finest in their profession. David Cameron and the rest of the UK’s G8/G20 team have been in discussions all weekend on separate ways to push the world forward and avoid another downturn now and in the future.

Most of the talk we have heard before however and I expect a lot of agreeing to disagree on measures such as the global bank levy, capital requirements and fiscal cuts. On the latter Obama has been particularly vocal in telling the world that they cannot rely on the US consumer and its spending patterns to bail the world out of the hole.

Risky assets are up slightly post meeting after comments from the G20 leaders that the recovery had kicked off at a faster pace than expected although it still remains “fragile”. GBPUSD has managed to crawl above the 1.50 level to a high of 1.5072 overnight, the highest it’s been since May 6^th.

Over the weekend there has been a lot of political chat about Lib Dem MPs voting down the resolution that pushes VAT up to 20% after a polls showed that support for the Lib Dems had fallen to an 18 month low of 16%. This hasn’t touched sterling however as it makes those highs against the euro and US dollar although I do not expect these highs against the US dollar to last too long.

The data calendar is quiet this morning with only the US inflation measure to worry about at 13.30. The rest of the week is very busy however and we would expect risky assets to be lower by the end of the week.