Monday, February 20, 2012

Beware... S&P Retains Japan's Rating At 'AA-' Outlook Negative

Before we jumped to Japan, Some positive sentiments rose after China Lowers Reserve Requirement To Boost Lending, The People's Bank of China has decided to cut the banks' reserve requirement rate for the second time in three months to boost lending amid sluggish economic growth.

From British economic news we reported the latest data U.K. House Prices Rise Most In 10 Years, Average asking prices for a property in the U.K climbed at its fastest pace in almost ten years in February due to strong demand from cash-rich market sectors, the latest survey by Rightmove showed Monday.

Meanwhile, S&P Retains Japan's Rating At 'AA-' ; Outlook Negative, Standard and Poor's on Monday retained sovereign ratings of Japan with "negative" outlook.

From Eurozone update, French Business Confidence Remains Stable, French business confidence stabilized in February at a level last seen since March 2010, as improvement in production expectations was offset by worsening export orders and past production. Brings hope and chance

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