Stocks drop, Treasuries gain after Fitch downgrades US rating
By Xie Yu HONG KONG Asian stocks and U.S. Treasury yields declined on Wednesday after ratings agency Fitch
2023-08-02 13:53
Swedish Housing Prices Eke Out More Gains in July
Swedish home prices continued to edge ahead last month in a rebound from one of the worst housing
2023-08-02 13:50
Treasuries Are Still In a Class of Their Own Despite Fitch Cut
The US sovereign rating may have slipped but Treasuries remain a buy. That’s the prognosis of strategists, who
2023-08-02 13:22
US Ratings Downgrade Casts Spotlight on AAA Ones Standing
The fallout from Fitch Ratings’ downgrade of the US puts the focus on the countries still holding onto
2023-08-02 12:59
Asian markets tumble after Fitch downgrades US debt
Asian markets fell broadly Wednesday after ratings agency Fitch downgraded its US debt credit rating from the highest level, citing "a steady deterioration in standards of governance."
2023-08-02 12:56
Marketmind: Markets shake off surprise US credit downgrade
A look at the day ahead in European and global markets from Brigid Riley Fitch delivered the markets a doozy
2023-08-02 12:46
EU and Turkey Discuss Easing Trade Relations Amid Warmer Ties
The European Union and Turkey are discussing an update of their customs union as part of the country’s
2023-08-02 12:24
BOJ’s Key Policy Architect Says YCC Shift Doesn’t Mean Exit
Deputy Governor Shinichi Uchida said that the Bank of Japan is far from an exit or raising its
2023-08-02 11:54
Summers, El-Erian Pile Criticism on Fitch Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
2023-08-02 11:50
Oil Rises After Industry Report Points to Massive Inventory Draw
Oil resumed a rally after an industry estimate pointed to a huge drawdown in US inventories, adding to
2023-08-02 11:49
Asia Stocks Drop on Profit Taking, Fitch Fallout: Markets Wrap
Asia stocks fell as Fitch Ratings’ downgrade of the US sovereign rating sapped risk sentiment following a strong
2023-08-02 10:29
Country Garden Services to Buy Back Stock to Lift Confidence
Country Garden Services Holdings Co. said it’s planning a stock buyback to shore up investor confidence after renewed
2023-08-02 10:23