90 seconds at 9 am:Euro downgrade (news with Bernard Hickey)

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
537 views
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Jan 15, 2012

S&P downgrades
France to AA+
Italy and Spain
Cut two notches
Germany still AAA
Not a death knell
But EFSF fund
Could be cut too
Markets muted
Dow down 0.4%
Stoxx down 0.3%
Euro at 18 mth low
Meaning for NZ?
NZ$ to 62 euro cents
Less than 10%
Good for importers
Greek debt talks
Collapsed on weekend
Default more likely
Then euro exit?
NZ fuel prices up
Despite higher NZ$
Nigerian strikes
Iranian tension

  • likes, 0 dislikes

Link to this comment:

Share to:
see all

All Comments (2)

Sign In or Sign Up now to post a comment!
  • greece will get its next tranche. they will justify it somehow.

    germany's exports can't sustain a greek departure from the euro.

  • Is the sinking of the Costa Concordia a portent. ?

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more