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Friday, July 8, 2011

Increase the rate of surprise China adds to wind the Euro - Wall Street Journal

-Euro falls 1% after China rate hike

-"Landing" for the economy China does is expected step

- But the problems of the euro would mount if China slows

NEW YORK-(Dow Jones) - eurozone officials are trying to stop the Greek debt crisis spread wider contagion, the increase in rates on Wednesday by the China is a unwelcome surprise that could add another headwind for the euro.

Muted bond in currencies more risky, sensitive to the growth after the increase in the rate of China Wednesday suggests that market participants think that the Chinese economy can avoid a...

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