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London :: United Kingdom | 1 year ago

Credibility Credibility of 5

Sterling was braced for a further sell-off today as financial markets geared up to respond to the decision of a major credit agency to strip the UK of its gold-plated rating. The pound dipped to $1.5163 late on Friday in US trading, a two-year low,

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London :: United Kingdom | 1 year ago

Credibility Credibility of 5

Many exchanged ended relatively unchanged but that did not represent the volatility seen as Federal Reserve minutes from their last meeting were released and showed a number of junior members wanting the FED to consider varying the pace of the US$

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Lake Oswego :: OR :: USA | 1 year ago

Credibility Credibility of 5

Bernanke's semi-annual update for US lawmakers on Tuesday and Wednesday will be closely watched after minutes from the latest Fed meeting sparked concern the central bank might ease or end its stimulus measures sooner than expected. In the past week,

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London :: United Kingdom | 1 year ago

Credibility Credibility of 5

Debt Watch stocks you care about The single, easiest way to keep track of all the stocks that matter.....MCO     ) announced that it has downgraded the domestic- and foreign-currency government bond ratings of the United Kingdom by one notch, to "Aa1"

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Dublin :: Ireland | 1 year ago

Credibility Credibility of 5

The economy will expand by 1.1pc this year and 2.2pc next year, it predicts. Adding to the positive sentiment, Irish stocks posted the biggest one-day gain since last June to close at a four-year high. While the rises in growth are small, it would

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London :: United Kingdom | 1 year ago

Credibility Credibility of 5

Brendan McDermid/Reuters There was never going to be an easy road to recovery after the banking crash of 2008, but the chancellor's adherence to a policy of debt repayments above all else is making the country look like a clapped out Ford Anglia that

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London :: CA :: USA | 1 year ago

Credibility Credibility of 5

Getty Moody's just downgraded the U.K. to AA1 from AAA i n a classic Friday night, after-hours move. The British pound fell from around 1.525 against the U.S. dollar to around 1.518 on the news. Below is the full text from the Moody's release : Moody'

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London :: CA :: USA | 1 year ago

Credibility Credibility of 5

The UK is no longer AAA, at least according to Moody's . The primary irony, of course, is that this happened under a government committed to fiscal consolidation. David Cameron was praised for promoting austerity by commenters in the US who urged

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Eastleigh :: United Kingdom | 1 year ago

Credibility Credibility of 5

Defeat in Eastleigh, a higher deficit, a triple-dip recession, poor local election results and the loss of Britain's AAA rating could prompt a new revolt by Tory MPs. At the start of this month, the Evening Standard   reported that Tory rebels had

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New York City :: NY :: USA | 1 year ago

Credibility Credibility of 5

tanked earlier this month after posting fourth quarter numbers below Wall Street expectations, which was a result of weakness in its North American business. D&B's stock fell more than 7%, but I think it's worth taking a look at the company to see if

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