Tuesday, October 5, 2010

Moody's rating placed on review of Ireland

Ireland Aa2 rating placed on review. Due to recent events, this might not be a big surprise, and this was reflected in the reaction of both the monetary market and debt, where spreads to German government bonds had only slightly increased to 407 points. Also of interest are of the latest data on house prices, prices are expected to find the bottom.

Increase in the rhetoric of any currency pact. Before the meeting of G20, the Institute of International Finance, suggested that the world's largest economies should coordinate monetary policy to prevent the global imbalances that exist so far, to avoid even greater protection.
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