MY.BLOGTOP10.COM

> Goldman Sachs says Fitch US downgrade unlikely to force major selling of US Treasuries <!--> --> Eamonn Sheridan Wednesday, 02/08/2023 | 00:49 GMT-0 02/08/2023 | 00:49 GMT-0 <!--> --> Goldman Sachs 'bottom line' on the Fitch Ratings downgrade of...

A Bloomberg article overnight on tighter oil supply. Output from the Organization of Petroleum Exporting Countries plunged by 900,000 bpd last month to an average of 27.79 MMbpd, according to a Bloomberg survey. the biggest reduction since the group and its allies...

The latest from the Australian Industry Group is dour reading. Link here for more, but in summary:Key findings The Ai Group Australian Industry Index indicated contracting conditions in June, for the fifteen months since the start of the current interest rate rising...

> Mohamed El Erian says Fitch downgrade of the US is a strange move, likely to be dismissed <!--> --> <!--> --> Mohamed El-Erian is chief economic advisor at Allianz SE. Comments on the Fitch downgrade in a Tweet.ICYMI: ADVERTISEMENT - CONTINUE...

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

A senior Biden administration official statement: Fitch decision to downgrade the US ignores resilience and underlying strength of the US economyWe think this is a 'bizarre and baseless' decision for Fitch to makeWould be quite surprised to see a major increase in...

> US equity futures have dropped, hard, upon reopening after the downgrade <!--> --> <!--> --> more to come ADVERTISEMENT - CONTINUE READING BELOW <!--> Tags --> ADVERTISEMENT - CONTINUE READING BELOW <!--> Most Popular...

The two other alternatives for global reserve currencies , EUR and JPY, are higher after the US was downgraded by Fitch:I posted on the curious timing of this announcement here:By 'curious' I mean irresponsible of course. Regular market hours were closed in the US...

From back in May, news that Fitch was casting a very very wary eye at the USA on the debt ceiling debacle and US governance difficulties:And now, action from the agency:Fitch is very much the #3 rating agency behind S&P and Moody's, but still, this is not a...

The Fitch downgrade of the US today is major news and comes almost exactly 12 years after Standard & Poors cut the US to AA+. That move came late on a Friday afternoon and the market had the weekend to digest it. The extra time didn't provide any great solace as...

Trump has been indicted by a federal grand jury in special counsel Jack Smith’s investigation into efforts to overturn the 2020 election.US charges Trump with conspiracy to fraud, witness tampering, and conspiracy against rights of citizensTrump faces 4 counts in 2020...

Fitch Ratings with the after-market bombshell Downgrades United States' long-term ratings to 'AA+' from 'AAA'; outlook stableRating downgrade of US reflects expected fiscal deterioration over next three years, a high and growing general government debt burdenForecasts...

The rating downgrade of the United States reflects the expected fiscal deterioration over the next three yearsCites repeated debt limit standoffs and last-minute resolutionsIn Fitch's view, there has been a steady deterioration in standards of governance over the last...

The USD is ending the day as the strongest of the major currencies while the AUD is the weakest. The AUDUSD was the biggest mover falling 1.59%. The RBA kept rates unchanged and although the odds before the decision called for no change, there was a 35% chance for a...

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...