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Sunday, October 28, 2012

Your forexlive.com ENewsletter

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Schaeuble rules out Greek haircut

Posted: 27 Oct 2012 02:34 PM PDT

Not the first, but he’s the latest.

“(A haircut) is a discussion that has little to do with the reality in the member states of the euro zone,” Schaeuble said in an interview to be aired on Deutschlandfunk radio on Sunday

Via Fox Business.

Chinese researcher sees slower growth

Posted: 27 Oct 2012 01:26 PM PDT

A Ministry of Finance official said growth will be strong in Q4 and early 2013 but will slow afterwards, according to the WSJ.

China’s economic growth outlook is worrisome in the medium- to long-term as the country is losing its labor cost edge, a Chinese state researcher said Saturday.

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