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Showing 171 - 180 of 353 results for "AAA"

Market Wrap - Morning

AAP  |  WEDNESDAY, 17 AUG 2011
... risk-sensitive Australian dollar. Also overnight, Fitch Ratings said it would maintain its rating on US debt at the highest grade, AAA, and issued a "stable" outlook, meaning it expects the rating to stay there, another positive for sentiment. In economic ...

In a better place

BENJAMIN ONG  |  TUESDAY, 16 AUG 2011
... much has really changed from when financial markets moved from volatile to extremely volatile. Yes, we saw the USA no longer AAA for the first time in 70 years. But at the same time, we also saw investors pouring funds into US Treasuries - yep those ...

Lost GPS

BENJAMIN ONG  |  MONDAY, 15 AUG 2011
... haven't yet been plotted on any GPS. Only a few of us who are still living now have witnessed the last time the USA was not AAA - 70 years ago. And it was different back then. Facebook and Twitter weren't around to broadcast in real time to the whole ...

Digit says recession averted

BENJAMIN ONG  |  FRIDAY, 12 AUG 2011
... 2013, equity markets crashed the day after when the rumour mills spread the word that France would be losing an A on its 'AAA' credit rating. And the day after the day after - that was last night - well, you know what happened it bounced back with a ...

Greed is good

BENJAMIN ONG  |  THURSDAY, 11 AUG 2011
... that be - Standard & Poor's, Moody's Investors Service and Fitch Ratings - later denied the rumour and re-affirmed France's 'AAA' rating. And so...we've come full circle back to the days of the GFC when speculation on who'll be the next big one to come ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 AUG 2011
... 1,119.46, while the tech-heavy Nasdaq dropped 6.9 per cent to 2,357.69. S&P lowered the US long-term sovereign debt rating from AAA to AA+ after markets closed Friday, citing Washington's inability to rein in its mounting deficits. US stocks started ...

Market Wrap - Midday

AAP  |  MONDAY, 8 AUG 2011
... domestic share market reacted with shock to US government debt being downgraded by ratings agency Standard and Poor's from AAA to AA+. "But investors seem to have calmed down a bit this morning after we saw an initial sell out," Ms Saly said. She said ...

Market dives on US downgrade, China demands new reserve currency

ALISON BEVEGE  |  MONDAY, 8 AUG 2011
... down 62.3 points or 1.52% to 4042.9. US Treasury debt had been widely regarded as the safest security in the world, rated AAA. The S&P downgrade shook that pillar of confidence by reducing its official opinion of US creditworthiness to AA+, below that ...

Market Wrap - Morning

AAP  |  MONDAY, 8 AUG 2011
... horror Friday appear to have been dashed after ratings agency Standard and Poor's downgraded United States government debt from AAA to AA+. At 0624 AEST on the ASX 24 on Monday, the September share price index futures contract was down five points at ...

USA no longer AAA

BENJAMIN ONG  |  MONDAY, 8 AUG 2011
... pretending not to know what I'm talking about, it's splattered all over the weekend news. S&P has dropped one A from the USA's AAA. I must admit, I too didn't know what to think or how to react to this nasty development - it's just as well that I had ...