China to intensify fiscal policies – China’s premier Li

Headlines crossing the wires via Reuters from China’s Premier Li, as he speaks to the US treasury secretary:

China to intensify fiscal policies

China will properly handle unemployment issue

100 billion yuan fund for unemployment mainly focused on steel and coal sectors

Eurozone: Sceptical fixed income markets – Deutsche Bank

Research Team at Deutsche Bank, suggests that the tightening of financial conditions in Europe is being reflected in weaker business surveys.
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NZD: Disconnected from global fundamentals – ANZ

Sam Tuck, Research Analyst at ANZ, suggests that the NZD has become disconnected from global fundamentals, ignoring credit market woes, global growth concerns and falling commodity prices.
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