ratings agencies

The following is the text of the S&P ratings statement associated with a review of the euro area sovereign credit ratings.

The light news stream, adequate bill auction receptions and comments from Fitch suggesting France's AAA rating is secure this year encouraged short-term players to take profits. However, sentiment is still wholly euro negative and a large…

The bottom line is that Italy is both too big to fail and too big to be bailed out, which is why it is still hanging dangerously in limbo-land. Since, as I argue in this article, some sort of restructuring or other is well nigh inevitable…

Below is the press release issued by Moody's in conjunction with the down grade of Australia's mortgage insurers.

The dollar is broadly weaker as news developments remain mostly positive, boosting sentiment. North American session sees US November inflation; euro likely supported today on short-covering rally. RBI left rates on hold at 8.5%, as…

The following is the press release Moody's issued in putting the covered bonds of five Spanish banks on review for credit ratings downgrades.

Market participants, including economists and strategists are prone to confusing what they believe should be the case with what will be the case.

Below is the press release issued by ratings agency Moody's in response to the most recent initiative in Europe to solve the sovereign debt crisis.

The following are the press releases Moody's issued this morning, downgrading the credit ratings of three large French banks.

News links for 7 December 2011 featuring thoughts on a French downgrade, the austerity budget in Ireland, patents and China and other stories