Following last week's surge to a 14 year high against the dollar, the Japanese government said on Monday that it would try to slow the yen's rise, but they didn't comment on how they would do this. The Japanese Democratic Party also agreed to work closer with the Bank of Japan.

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Market News

- Summit talks between China and European leaders ended on a low note, with China accusing critics of seeking to undermine their country’s rise
- Over 100 ministers gathered in Switzerland for the latest World Trade Organisation meeting
- It is a big week in terms of economics – ECB Policy meeting, Bernanke speaks to the senate, and employment data are due

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