Beijing Italian ForMin: Attacks on Italy banks are baseless

• Italy’s economic situation is different from nations that were bailed out
• To speak to China on raising investment in Italy (good old China, everyone’s best friend)

What am I doing back here? Search me. Only 30-45 minutes while Jamie pops away to cover some business.

Funny old World. Everytime there is talk of China helping one of the PIIGS the euro gets a little lift.

We’re up at 1.4075. Talk of stops through 1.4080. I’d hazard a guess they’re relatively light.