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Markets Digests S&P Rating Actions
On Friday, what started out as a good day for the risky assets & EUR quickly became an outright collapse. Fitch has been very chatty in recent days and the prospect of an S&P downgrades for Eurozone sovereign had been lingering over the markets for a while. First came a disappointing Italian bond auction. Then speculation that Greece was near to announcing critical restructuring of Greek... ...More...
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