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20 Dec 2013

France Business Climate improves to 100 in December from 98 in November

Dec 20, 2013

S&P downgrades EU, affirms UK rating

Standard & Poor's rating agency announced in the European morning its decision to lower the EU supranational long-term rating to AA+. It has also affirmed UK's rating at AAA.
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Dec 20, 2013

Flash: GBP/USD’s spike higher looks exhaustive - Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank notes that GBP/USD’s spike high to 1.6483 is seen as exhaustive and we would at least expect to see some consolidation at these levels.
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