Spain debt rating

Several New Developments Hurt Appetite for Risk

March 10, 2011

Chinese exports recorded only 2.4% on-year growth in February versus 37.7% in January and posted its largest trade deficit, $7.3 billion, since 2004. Moody’s downgraded Spain’s credit rating by a full notch to Aa1 from Aa2 with a negative outlook. Australian jobs fell 10.1K in February, their first monthly decline in 18 months.  The jobless […] More