ratings agencies

"We believe that the Kingdom of Spain's budget trajectory will likely deteriorate against a background of economic contraction in contrast with our previous projections. At the same time, we see an increasing likelihood that Spain's…

Fitch has not been as aggressive as the other two agencies, keeping Austria and France at AAA up until now. As such, its negative comments about the Netherlands are noteworthy and likely signal a harder line by Fitch in the coming months.…

The French premium over Germany rose today to a three-month high. Rumors of a rating downgrade proved wide of the mark, but it reflects the market's anxiety about the outlook for France going forward.

Remember the scene in A few Good Men where Colonel Jessup (Jack Nicholson) and Lieutenant Kaffee (Tom Cruise) trade insults? Following some pretty intense questioning, Kaffee yells at Jessup: “I want the truth”. With the deadly glare that…

The following is the text of a ratings action on Portuguese banks initiated today

Fitch Ratings released the following statement today in conjunction with their latest ratings action on sovereign debt issued by the United Kingdom.

The following explanation of the recent Greek ratings action was posted at Fitch Ratings website.

The US dollar is broadly weaker ahead of tomorrow’s 3-year ECB tender (LTRO).

The US dollar is broadly weaker ahead of tomorrow’s 3-year ECB tender (LTRO).

There have been four noteworthy developments today that will shape the investment environment.