France – The Second Largest Economy of Europe, Wavers at the Edge

As France misses its desirable AAA-ranking, some of the leading economists all over the world started grilling whether the trend is rotating for a nation that has greatly adored considerably low borrowing rates for years, and in fact questioning whether the 2nd biggest economy in Europe is completely stable, or it is confronting any form of trouble at present. The Managing Chief of the well-known Spiro Sovereign Strategy, Nicholas Spiro recently said that the trend is presently rotating for France. Even

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Disappointing US Corporate Earnings Keep Markets Subdued

Financial markets were seen starting off on a flat note after yet another series of pretty disappointing corporate earnings in US and before the final presidential debate for an election, which is expected to be a tight one. With lack of data related to economy in the week and without any sign of any major event related to debt crisis in Europe, investors are likely to pay more attention to developments in US. A poor forecast of earnings from major

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Optimism over Greek Deal Help Markets Brush Off France’s Downgrade

Markets were pushed up after the news came out that Greece will acquire its next part of bailout cash to avert bankruptcy despite a drop in France’s credit rating. Finance ministers from European countries are gathering in Brussels and they are likely to agree to release more bailout cash to Greece. For past few weeks, markets have been eagerly waiting for a decision on whether the next batch of rescue cash will be given to Greece as the nation’s creditors

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