• Investors panic over cooling Chinese economy

    Trading in the euro remains a blood sport as June commences. It has already lost two cents before most U.S. traders have yet turned on their screens. The major driver of the day is a survey from the Chinese Federation of Logistics and Purchasing, which hints that measures aimed at stemming speculation in the real estate market are branching out to cool ancillary areas of the economy. With some pessimists already asking whether the Eurozone slowdown is causing China's economy to slow further and ...