debt talks

Fire and Rain: Data Deluge and Debt Frustration

July 29, 2011

Still lacking enough votes to pass, the U.S. House of Representatives postponed Thursday’s debt ceiling vote. Moody’s placed Spain’s Aa2 sovereign debt rating on review for a possible downgrade. The dollar is higher, not lower, on generalized risk aversion.  It has advanced 0.7% against the euro, 0.6% versus the Aussie dollar, and 0.5% against the […] More