China growth expected to it 10-quarter record low

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Source: Bloomberg
According to economists questioned by Bloomberg, Chinese economy growth is predicted to have slowed down in the last quarter of 2011, reaching 10-quarter record low. Analysts predict China's GDP grew by 8.7% in the fourth quarter of last year. The economy may cool further due to the decline in export demand and prolonged property curbs. 
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Mon, 16 Jan 2012 06:45:44 GMT

Aussie and Kiwi fall ahead of Chinese growth release

New Zealand and Australian currencies depreciated against greenback before Chinese GDP report due tomorrow as the data are expected to show the world's second biggest economy expanded at the slowest pace in 10 quarters. Australian Dollar lost 0.4% to $1.0286 while its New Zealand peer gave up 0.2%, dropping to $0.7934. Currently AUD/USD is trading at $1.0284 while NZD/USD is trading at

Fri, 13 Jan 2012 16:47:51 GMT

Merkel's party claims Greece's exit from Euro Zone is possible

Merkel's Christian Democratic Union puts extra pressure on Greeks to rescue Euro. Officials from German Chancellor's party are urging Greece to fulfil the requirements to get second bailout package, pointing out that Greece's exit from Euro Zone is realistic. Greece keeps struggling to approve a debt-swap agreement with private lenders. 

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