S&P downgraded some EU countries

Market news

13 January 2012

S&P downgraded some EU countries

Downgrades Portugal to BB from BBB-, outlook negative.

Affirms Ireland at BBB+, outlook revised to negative.

Downgrades Spain to A from AA-, outlook negative.

Downgrades Italy to BBB+ from A, outlook negative.

Affirms Germany rating at AAA, outlook revised to stable.

Downgrades France to AA+ from AAA, outlook negative.

Schedule for today, Monday, Jan 16'2012:

JPM issues changes to US economic forecast, lowering Q4 real GDP tracking from +3.5%, to +3.0% and lowering Q1 from +2.5% to +2%.

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.