USD – The G20 announced a “broader policy response” – including the likelihood of more cuts in interest rate and measures to stimulate all matters fiscal, get the banks lending to each again, after their meeting in Washington. Presumably there’s a revised plan in place, which we shall hear about in due time…

JPY – Unexpectedly, Japan has gone into recession. The world’s 2nd largest economy went into negative growth in the 3rd annual quarter, 1st time into recession since 2001.

Watch for continued weakness of the Rupiah – the Indonesian central bank has issued new rules restricting forex – currency controls might be arriving shortly if the run continues, although this continues to be denied…