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View Full Version : Euro, US Futures Drop as S&P Cuts Spain's Rating - Bloomberg



NewsWhore
04-27-2012, 01:30 AM
Euro, US Futures Drop as S&P Cuts Spain's Rating (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGp0HZfI-rsLsk9o_Rg2UmVABAu2g&url=http://www.bloomberg.com/news/2012-04-27/asia-stocks-gain-yen-drops-on-boj-asset-purchase-plan.html)
Bloomberg
“It does look as if the Spanish crisis is set to get worse before it gets better,” said Mike Jones, a currency strategist at Bank of New Zealand in Wellington. “The knee-jerk reaction from the euro to the downgrade has been to the downside.

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