IMF at G20 will call for a coordinated stimulus programme to support a slowing global economy: Feb 26, 2016

Intra-Day Market Moving News and Views 
26 Feb 2016 01:33GMT 

G20 meeting is meet in Shanghai starting today to discuss ways to calm global markets and spur economic growth, and are likely to declare their readiness to take action if conditions worsen. 
Chinese policymakers sought on Thursday to reassure trading partners that they can manage their economy and financial markets smoothly while driving structural reforms, following recent concern voiced by foreign officials and economists about Beijing's recent record. 

Finance Minister Lou Jiwei and People's Bank of China Governor Zhou Xiaochuan will likely hammer home the message that Beijing has everything under control when they speak this morning. 
Global economic malaise and wobbly markets overshadow the meeting of the finance minister and central bank governors of the Group of 20 (G20) major economies on Friday and Saturday. 
G20 financial leaders are likely to push for better implementation of the already agreed reforms and an assessment of where implementation is lacking and why. But many economists and officials are sceptical that much would come from the G20. 
A report published by IMF called for a coordinated stimulus programme to support a slowing global economy. 

Still, an official with the European Union said G20 policymakers recognise elevated risks and likely will declare readiness to act if global economic conditions worsen. 
G20 financial leaders are likely to push for better implementation of the already agreed reforms and an assessment of where implementation is lacking and why. 
The International Monetary Fund's Christine Lagarde, German Finance Minister Wolfgang Schaeuble and Bank of England Governor Mark Carney are also scheduled to speak later today.