Slovenian credit rating cut to A-

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Source: Bloomberg
Slovenian credit rating was cut by Standard & Poor's Corporation to A- with a stable long-term outlook, as announced on a rating agency statement on Tuesday. The downgrade is based on a higher than anticipated debt burden, because of a support for state owned banks. Also, agency observe policies implementation risks to solving economic and fiscal issues and pressures.
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Wed, 13 Feb 2013 11:05:05 GMT

Pound is little changed ahead inflation data

The British Pound was traded at 85.95 pence per Euro and $1.5558 in very early morning of London trading session on Wednesday. The Pound was little changed, as investors wait for the Bank of England announcement on inflation and growth forecast. Economists say that inflation forecast might be pushed up and growth lowered during a press conference today in London.

Wed, 13 Feb 2013 10:43:04 GMT

Indian equity gains the most in three weeks

The BSE India Sensitive Index, also known as Sensex, was higher by 0.8% to 19,711.35 points in early Indian trading session on Wednesday. The index made the best performance since January 25, 2013. Investors were positive about Tata Motors announcement that Jaguar and Land Rover sales increased by 32%. Also, the central bank releases inflation data tomorrow, which is expected

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