European morning wrap: How ya enjoying limbo?

Swiss National Banks' Jordan: Too early to tell if debt crisis is over Germany's Merkel: Germany isn't avoiding the fallout from eurozone crisis Spain's deputy PM:  Spain to activate regional liquidity fund this week. Does not rule out adjusting pensions as last resort Greece may seek a rollover of Greek bonds held by the ECB as one option to plug financing gap in coming years. May have to raise more money from debt markets in 2015 and 2016 than the 10.6 bln euros foreseen in its bailout agreement earlier this year -  Dep FinMin says in document Obama to say U.S. "will do what we must" to prevent Iran getting nuclear weapon, containment not an option - Advance excerpts of speech - Reuters BOE'S Fisher:  Unconventional central bank policies are the new normal RBA's Debelle:  Lack of trust in the financial system has intensified German Gfk October consumer confidence indicator flat at 5.9 UBS Swiss August consumption index falls to 1.03 from 1.48 in July French September manufacturing morale 90, unchanged from August but better than Reuters' median forecast of 89 Italian September consumer confidence up fractionally at 86.2 from 86.1 in August, better than Reuters' median forecast of 86.0 Greece EMU membership open question: CBank sources - Press China's economy in cyclical slowdown, strong return expected - HSBC economist Patience snaps in Portugal - AEP at The Telegraph I look at the levels which greeted me 6 hours ago and the ones currently and there's no real change to speak of. EUR/USD sits at 1.2911, some 7 pips down from the 1.2918 first thing.  We dipped below 1.2900 early only to be greeted by another bout of middle eastern sovereign buying (same as it ever was) BIS was also seen buying circa 1.2900 this morning. USD/JPY unchanged at 77.78.  Buy orders seen clustered 77.50/60, sell stops below there and more through 77.40. Cable down at 1.6219  from 1.6230 first thing, some way from session high 1.6267.  China notable seller of the pairing this morning.