Any one want to take a shot at the subject of the G7 meeting?

In addition to food and climate change, G7 central bankers and finance ministers will address the international financial situation this weekend. Free trade and currencies will also be discussed, according to a Canadian finance official quoted by Reuters.

The markets continue to deteriorate with the major US indexes down over 4%. EUR/USD trades at 1.2890. Congestion lies down at 1.2880, where central bank bids were spotted earlier in the session. Stops are seen at 1.2870/75.