Fitch Ratings affirmed its AAA rating for the U.S.

Market news

14 April 2015

Fitch Ratings affirmed its AAA rating for the U.S.

Fitch Ratings affirmed its AAA rating for the U.S. on Monday. The agency said the outlook is "stable."

"The U.S.' AAA rating is underpinned by the sovereign's unparalleled financing flexibility as the issuers of the world's pre-eminent reserve currency," Fitch said. Risks remain due to deficits and debt.

Company News: Johnson & Johnson (JNJ) reported better-than-expected earnings in the fisrt quarter

Foreign exchange market. European session: the euro traded higher against the U.S. dollar after the better-than-expected industrial production from the Eurozone

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