FX EmpireEuro Area Sovereign Credit: Some Ratings Under Pressure as Fiscal Challenges Mount
Euro area governments unable to put in place consistent medium-term fiscal plans face credit-rating pressure even though reducing public borrowing is possible including for highly indebted countries, says Scope Ratings.
FX EmpireUSD/JPY Forecast – USD/JPY JPY Continues to Power Higher
The USD continues to crush the Japanese yen, as the interest rate differential isn’t going anywhere, and the Bank of Japan has essentially given up at this point, despite a potential intervention on Monday.
FX EmpireGermany: Economic Outlook Stable Despite Near-term Stagnation and Fiscal Challenges
After five years of near-zero cumulative growth since the pandemic, Germany’s recovery is unlikely to accelerate without policy reform and an increase in net investment, supported by its significant fiscal space.
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