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Moody's warns Brazil may be cut to junk

Discussion in 'Market News' started by ForexLive, Dec 9, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Moody's places Brazil's Baa3 rating on review for a downgrade - Turnaround in 2016 unlikely, Moody's says - Assumption of Brazil return to 2% GDP growth at risk Emerging market commodity producers are about to have a very bad year.

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