Tag Archives: credit rating agency

02.08.12

Doing nothing is not an option!

Pressure for ECB intervention grows BoE seen maintaining QE as King assesses expanded crisis toolkit Fed signals new steps to boost growth Yen weakens at a near six-month low on IMF’s comments

Categories: Market Commentary.

16.01.12

France Downgrade: AAA credit rating stripped away.

Sterling strengthens against Euro, after S&P downgrade. Euro falls on S&P downgrade. US retail sales predicted to slow to 3.4% this year. Aussie, Kiwi decline on Europe and China growth report. For more information see tool bar above, click ‘Market … Continue reading

Categories: Market Commentary.

13.12.11

Mood Darkens Over EU Plan To Fix Debt Crisis.

Sterling soars against an under-fire single currency to hit 10 month high. Financial Markets turn on euro after EU Summit. Dollar makes gains as safe haven currencies perform well. Commodity currencies are shunned as safe haven buying continues. Credit rating … Continue reading

Categories: Market Commentary.

29.11.11

Gorgeous George’s Big Day!

Sterling up after risk rally. George Osborne to announce Autumn Statement. Eurozone Finance ministers to discuss bailout fund. Home prices in 20 US cities probably fell at a slower rate in September. Fitch upgrades Australia to AAA. For more information … Continue reading

Categories: Market Commentary.

04.10.11

Greece says no to barber visit!

Euro’s decline continues as worries over European economy intensifies. Sterling hits 7 month high versus euro as markets dump single unit. S + P confirms top AAA rating for Britain as UK manufacturing PMI rebounds. Greece to remain in recession … Continue reading

Categories: Market Commentary.

14.09.11

Sacrebleu: Moody’s downgrade SocGen and Credit Agricole

Moody’s Investors Service has downgraded two of France’s top banks, Societe Generale and Credit Agricole in a blow to efforts by European policymakers to restore market confidence in the region.

11.08.11

Market Commentary

Huge volatility in financial markets continue to rally safe haven currencies. Sterling dips against majors on risk aversion & downbeat inflation report. Euro remains under pressure as markets target French credit rating. US dollar makes gains versus euro and pound … Continue reading

Categories: Market Commentary.

08.08.11

Market Commentary

Sterling hits $1.6472 as the pound takes advantage of US debt downgrade. S + P downgrades US debt from AAA+ to AA+ in wake of last weeks fiasco. ECB to Actively buy Italian and Spanish bonds to fight E/Zone debt … Continue reading

Categories: Market Commentary.

03.08.11

Market Commentary

Sterling hits two month high vs weak euro, slips vs dollar. Euro falls to 2-month low on eurozone worries. Moody’s affirms US rating. Aussie & Kiwi dollars remain under pressure. Swiss franc weakens against the majors after SNB intervention.

Categories: Market Commentary.

29.07.11

Scorchio in Spain: Euro tumbles

The euro took another body blow this morning after credit rating agency ‘Moodys’ warned Spain that it has been put on review for a potential downgrade. This took the markets off guard and the single currency has fallen through the … Continue reading

Categories: dollar, eurozone, forex, sterling.