European morning wrap: Euro consolidating recent losses. Yipeeeeeeee, I made it!!! (if you weren't about this morning you won't know what I'm on about)

Chinese October industrial output +9.6% y/y, stronger than Reuter's median forecast of +9.4%. Output up +0.81% from previous month Chinese October retail sales +14.5% y/y, stronger than Reuter's median forecast of +14.0%. Sales up +1.34% from previous month Chinese Jan-Oct fixed asset investment +20.7% from year ago, pretty much in line with Reuter's median forecast +20.6 China stats bureau chief says October data signals 2012 GDP growth at 7.5% German Economy Minister: Firms holding back on investments in Q4, Q1 2013 German Economy Minster: German growth to weaken noticeably in winter Bundesbank's Dombret: Central bank sovereign debt programs raise dependency German economic advisor Bofinger: Euro area in a 'very dangerous situation' - Bloomberg TV Finnish PM Katainen: Finland's economic situation challenging Greek poll: 59% believe Syriza would win any election held now, 26% believe New Democracy would win - Skai TV Fitch affirms Austria at AAA; outlook stable S&P raise rating on Latvia to BBB from BBB-; outlook positive Latvian Q3 GDP +5.3% y/y, demonstrably stronger than Reuter's forecast of 4.35% German October final EU harmonized CPI +0.1% m/m, +2.1% y/y, in line with prelim data and as expected Bank of France October business climate indicator unchanged at 92. BOF sees 0.1% decline in French GDP in Q4 French September industrial output -2.7% m/m, demonstrably weaker than Reuter's median forecast of -1.0% French industry investment seen up +1.0% in 2012, revised sharply lower from July estimate of +5.0% Greek September industrial output -7.3% y/y (ughh) ECB's Noyer: Sees progressive return to growth in Europe in 2013 ECB's Makuch: Economic outlook for euro zone worsening but still manageable EU official:  Eurogroup to discuss Greece in great detail More EU official: All troika analyses on Greece done on the assumption of two more years for reaching surplus target. There will be no accidental, or any other Greek default on NOV 16 when t-bills mature Who will stop the sado-monetarists as jobless youth hits 58% in Greece - AEP at The Telegraph Greece is right for radical change - The Guardian