Spain’s Credit Rating Cut Two Levels Q By Emma Ross-Thomas - Oct 7, 2011 11:37 PM GMT+0700 Fri Oct 07 16:37:16 GMT 2011
- - - inShare21 - - More<http://www.bloomberg.com/news/2011-10-07/spain-credit-rating-cut-two-levels-by-fitch-as-europe-debt-crisis-spreads.html#share> - Business Exchange<http://bx.businessweek.com/api/add-article-to-bx.tn?url=http://www.bloomberg.com/news/2011-10-07/spain-credit-rating-cut-two-levels-by-fitch-as-europe-debt-crisis-spreads.html> - Buzz up!<http://buzz.yahoo.com/buzz?targetUrl=http://bloom.bg/oOybyx&headline=Spain%E2%80%99s%20Credit%20Rating%20Cut%20Two%20Levels&summary=Spain%20had%20its%20credit%20rating%20cut%20two%0Alevels%20by%20Fitch%20Ratings%2C%20which%20cited%20the%20%E2%80%9Cintensification%E2%80%9D%20of%0Athe%20euro%20crisis%2C%20slower%20Spanish%20growth%20and%20regional%20finances%20as%0Arisks%20to%20the%20nation%E2%80%99s%20debt%20outlook.&tags=news> - Digg<http://digg.com/submit?url=http://bloom.bg/oOybyx&title=Spain%E2%80%99s%20Credit%20Rating%20Cut%20Two%20Levels&bodytext=Spain%20had%20its%20credit%20rating%20cut%20two%0Alevels%20by%20Fitch%20Ratings%2C%20which%20cited%20the%20%E2%80%9Cintensification%E2%80%9D%20of%0Athe%20euro%20crisis%2C%20slower%20Spanish%20growth%20and%20regional%20finances%20as%0Arisks%20to%20the%20nation%E2%80%99s%20debt%20outlook.&topic=business_finance> - Print<http://www.bloomberg.com/news/print/2011-10-07/spain-credit-rating-cut-two-levels-by-fitch-as-europe-debt-crisis-spreads.html> - Email<?body=Spain%20had%20its%20credit%20rating%20cut%20two%0Alevels%20by%20Fitch%20Ratings%2C%20which%20cited%20the%20%E2%80%9Cintensification%E2%80%9D%20of%0Athe%20euro%20crisis%2C%20slower%20Spanish%20growth%20and%20regional%20finances%20as%0Arisks%20to%20the%20nation%E2%80%99s%20debt%20outlook.%0A%0Ahttp%3A%2F%2Fbloom.bg%2FoOybyx&subject=Bloomberg%20news%3A%20Spain%E2%80%99s%20Credit%20Rating%20Cut%20Two%20Levels> Enlarge image [image: Italy, Spain Have Ratings Cut by Fitch on ‘Euro Zone Crisis’] <http://www.bloomberg.com/photo/italy-spain-have-ratings-cut-by-fitch-on-euro-zone-crisis-/110125.html> Italy, Spain Have Ratings Cut by Fitch on ‘Euro Zone Crisis’ [image: Italy, Spain Have Ratings Cut by Fitch on ‘Euro Zone Crisis’] Denis Doyle/Bloomberg Residents protest against evictions from their homes during a demonstration in Puerta del Sol square in Madrid on Sept. 25, 2011. Residents protest against evictions from their homes during a demonstration in Puerta del Sol square in Madrid on Sept. 25, 2011. Photographer: Denis Doyle/Bloomberg Spain had its credit rating <http://topics.bloomberg.com/credit-rating/> cut two levels by Fitch Ratings <http://topics.bloomberg.com/fitch-ratings/>, which cited the “intensification” of the euro crisis, slower Spanish growth and regional finances as risks to the nation’s debt outlook. Fitch cut its rating to AA- from AA+, the company said in a statement today from London. The outlook is negative. Fitch cited similar reasons for also downgrading Italy one level to A+, while maintaining Portugal at BBB-, saying it would complete a review of that ranking in the fourth quarter. Spain’s rating, which was AAA until 2010, has now been lowered twice by Fitch as the deepest austerity measures in three decades fail to convince investors the nation can stem the surge in its debt burden. Moody’s Investors Service also warned on Oct. 4 “all but the strongest euro-area sovereigns” are likely to see further downgrades, as it cut Italy<http://topics.bloomberg.com/italy/>’s rating for the first time in almost two decades. Fitch said it expects Spanish growth to remain below 2 percent a year through 2015. Still, the nation’s debt burden will peak at 72 percent of gross domestic product in 2013, below the forecast for the euro area on average, the company said. Spain is paying yields of around 5 percent on its 10-year bonds even after the European Central Bank<http://topics.bloomberg.com/european-central-bank/>stepped in to prop up its bond market <http://topics.bloomberg.com/bond-market/> on Aug. 8. The gap between Spanish and German 10-year borrowing costs was 299 basis points today. To contact the reporter on this story: Emma Ross-Thomas in Madrid at [email protected] 2011/10/8 <[email protected]> > ** > > > ** Thanks bro sy sudah baca twittnya desmond..yg ini bukan ya? > > "3. Kabar terakhir Moody's turunkan peringkat utang Italia 3 level. Berita > ini keluar stlh market US tutup lho (Tanya knp?)" > > Kl bener yg itu..itu kan ngomongin Moody's, bkn Fitch :) > > > "A professional trader isolates himself from the herd and has trained > himself to become a predator rather than a victim." - Tom Williams > > Sent from my AXIS Worry Free BlackBerry® smartphone > ------------------------------ > *From: * tommy boy <[email protected]> > *Sender: * [email protected] > *Date: *Fri, 7 Oct 2011 19:40:04 -0700 (PDT) > *To: *<[email protected]> > *ReplyTo: * [email protected] > *Subject: *Re: [saham] Fitch downgrade Italy dan Spain > > > > bro cuan, di twitter desmond wira udah info downgrade pas market tutup > kamis. > On Sat Oct 8th, 2011 9:35 AM ICT [email protected] wrote: > > >Sy baca di bloomberg fitch downgrade 2 negara itu pada tgl 7 okt setelah > market tutup. Bro tommy dpt info downgradenya italy n spain tgl 6 okt dr > mana ya? Thanks :) > > > >"A professional trader isolates himself from the herd and has trained > himself to become a predator rather than a victim." - Tom Williams > > > >Sent from my AXIS Worry Free BlackBerry® smartphone > > > >-----Original Message----- > >From: tommy boy <[email protected]> > >Sender: [email protected] > >Date: Fri, 7 Oct 2011 19:29:51 > >To: <[email protected]> > >Reply-To: [email protected] > >Subject: Re: [saham] Fitch downgrade Italy dan Spain > > > >down grade nya udah dr kamis sore. bukan pas market tutup jumat. kamis > downgrade, eropa tetap tutup hijau jumat. so santai aja. eropa aja gak > kuatir, kok kita yg malah parno > >On Sat Oct 8th, 2011 9:16 AM ICT [email protected] wrote: > > > >>Maksud sy setelah market tutup tuh bukan market indonesia loh ya :) > >> > >>"A professional trader isolates himself from the herd and has trained > himself to become a predator rather than a victim." - Tom Williams > >> > >>Sent from my AXIS Worry Free BlackBerry® smartphone > >> > >>-----Original Message----- > >>From: ahmad saharjo <[email protected]> > >>Sender: [email protected] > >>Date: Sat, 8 Oct 2011 09:50:14 > >>To: [email protected]<[email protected]> > >>Reply-To: [email protected] > >>Subject: Re: [saham] Fitch downgrade Italy dan Spain > >> > >>justru pemain2 BEI yang seringkali latah dan panik sendirian, padahal > bursa eropa sendiri cuma turun tipis bahkan masih ada beberapa yang ijo > >> > >> > >> > >>________________________________ > >>From: Djoni <[email protected]> > >>To: [email protected] > >>Sent: Saturday, October 8, 2011 8:46 AM > >>Subject: Re: [saham] Fitch downgrade Italy dan Spain > >> > >> > >> > >>senin malam, uncle dow marah2. > >> > >> > >> > >>2011/10/8 Arya <[email protected]> > >> > >> > >>>Tapi sepertinya Ucle Dow gak begitu terpengaruh tuh...Cuma merah tipis. > >>> > >>>-Arya- > >>> > >>>-----Original Message----- > >>>From: [email protected] [mailto:[email protected]] On Behalf Of > >>>[email protected] > >>>Sent: Saturday, October 08, 2011 8:43 AM > >>>To: [email protected]; [email protected] > >>>Subject: [saham] Fitch downgrade Italy dan Spain > >>> > >>> > >>>Downgrade ini dilakukan setelah market tutup..hati2 senin :) > >>> > >>>"A professional trader isolates himself from the herd and has trained > >>>himself to become a predator rather than a victim." - Tom Williams > >>> > >>> > >>Sent from my AXIS Worry Free BlackBerryR smartphone > >>> > >>> > >>>------------------------------------ > >>> > >>>Kunjungi situs http://www.info-saham.com untuk informasi seputar saham. > >>> > >>>SEMUA POSTING DI MILIS INI TANGGUNG JAWAB PENGIRIM EMAIL DAN BUKAN ADMIN > >>>MILIS. SEMUA POSTING DI MILIS INI BUKAN UNTUK MENGAJAK MEMBELI ATAU > MENJUAL > >>>EFEK. SETIAP KEPUTUSAN INVESTASI MENJADI TANGGUNG JAWAB PIHAK PEMILIK > >>>INVESTASI ATAU PEMILIK MODAL. > >>> > >>>[email protected] untuk berhenti dari milis saham > >>>[email protected] untuk bergabung ke milis saham > >>>Yahoo! Groups Links > >>> > >>> > >>No virus found in this incoming message. > >>>Checked by AVG - www.avg.com > >>>Version: 9.0.914 / Virus Database: 271.1.1/3940 - Release Date: 10/06/11 > >>>01:34:00 > >>> > >>> > >> > >> > > > > > > >
