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S&P changed China’s rating outlook to negative from stable

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 31, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Ratings agency Standard & Poor’s (S&P) revised China’s rating outlook lower from stable to negative.

    This is the second downward revision/forecast from S&P in last 24 hours. Standard and Poor’s (S&P) slashed its growth forecasts for the Eurozone yesterday, saying that low growth and weak inflation looks set to stalk the continent for the foreseeable future.
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