Trading News

World Agencies Confirm France’s Rating

13 August 2011
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Yesterday, ratings agencies Standard & Poor’s, Moody’s Investors Service, and Fitch Ratings confirmed France’s top-tier credit rating after the average yields on the country’s debt securities went up amid fears that the European sovereign debt crisis is worsening. The forecast for France is stable and its triple-A rating is “justified,” said Moritz Kraemer, the...

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Debt Limit Talks Hit Another Wall as Boehner Calls off Vote

29 July 2011
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US stock markets are down, and the S&P 500 Index has been in a depression for the fourth day in a row. All Treasury securities have collapsed after members of Congress failed to show any kind of progress in reaching an agreement on raising the country’s debt ceiling. The dollar appreciated, while commodities became...

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