• UK Embassy: PM to call for coordinated global action to address rising cost of living at G20 Summit

Market news

14 November 2022

UK Embassy: PM to call for coordinated global action to address rising cost of living at G20 Summit

British Embassy said in a statement on Monday that the UK Prime Minister Rishi Sunak will “call for coordinated global action to address international economic instability and the rising cost of living at G20 Summit.

Additional points

UK PM will use the G20 as an opportunity to call out Putin’s barbarism and force.

Russia to confront the global suffering caused by this senseless campaign of violence.

UK PM to call at G20 for renewal of Black Sea grain initiative on November 19.

Market reaction

At the time of writing, GBPUSD is attempting a tepid bounce above 1.1750 on the above headlines, still down 0.63% on the day.

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