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European shares may fall on Wednesday, paring some of Tuesday’s gains, as Fitch Ratings warned that Italy could see its credit ratings downgraded by the end of the month. The euro fell against the dollar as Spain and Italy prepare to sell bonds this week.
Continue Reading →European stocks are poised to edge lower on Thursday, extending a week-long sell-off, as concerns persist over Europe’s debt crisis. Banks would be in focus after Fitch Ratings downgraded its investment-grade ratings on five major European commercial banks, including French lender Credit Agricole S.A., citing the stronger headwinds facing the banking industry as a whole.
Continue Reading →European stocks are poised to edge lower on Thursday, extending a week-long sell-off, as concerns persist over Europe’s debt crisis. Banks would be in focus after Fitch Ratings downgraded its investment-grade ratings on five major European commercial banks, including French lender Credit Agricole S.A., citing the stronger headwinds facing the banking industry as a whole.
Continue Reading →Asian stocks fell across the board on Tuesday on growing skepticism about the effectiveness of a new fiscal treaty for the European Union after rating agencies Moody’s Investors Service and Fitch Ratings said they are not satisfied with the outcome of last week’s European Union summit. The euro languished near a two-month low against the [...]
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