This was entirely expected but can it get any better for Angela Merkel? She also celebrated her 60th birthday this week. In a example of German efficiency, stamps commemorating the World Cup win went on sale Thursday.
raises outlook to positive from stable fiscal consolidation is strengthening the resilience of NZ’s sovereign credit profile vulnerabilities remain, primarily related to high net external debt and strong commodity dependence NZ remains heavily exposed to external developments, noticeably in China … Continue reading
Unofficial but Bloomers cite a draft report. We’ll have to wait until tomorrow for official confirmation but the Greeks won’t mind that being leaked. Funny how countries kick up a stink when they’re getting cut eh?
Fitch raised Spain’s credit rating by one notch to BBB+ from BBB with a stable outlook. S&P rates Spain at BBB- and Moody’s at Baa2 with a positive outlook. The market has already voted that Spain is much more credit … Continue reading
A Fitch (the ratings agency) survey of Australian fixed-income investors (represents the views of managers of an estimated AUD180bn of fixed income assets, three-quarters of the Australian domestic real-money market): The investors are mindful of several external risks but expect economic conditions … Continue reading