Free Trial

Focus falls on Italy's sovereign rating.......>

ITALY
ITALY: Focus falls on Italy's sovereign rating review from S&P later today.
- S&P currently rate Italy at BBBu; outlook stable.
- Most expect S&P to adjust Italy's outlook to negative.
- As a reminder Moody's cut Italy's rating to its lowest investment grade rating
last Friday, but crucially allocated a stable outlook. The worst-case scenario
for Italy today would be a one notch cut from S&P to BBB-; with a negative
outlook (this would represent S&P's lowest investment grade rating).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.