Market Update

  • Geopolitical tensions rise over North Korea & Syria
  • March US non-farm payrolls reading disappoints
  • FOMC minutes spark equity declines
  • Eurozone PMI data reaches multi-year high
  • South Africa’s sovereign credit rating downgraded

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S&P Revises China’s Credit Outlook To Negative On Growth, Debt Concerns

Following China’s legislative meetings in March 2016, Standard & Poor’s Ratings Services believe the country’s reform agenda is on track.

However, S&P are revising the rating outlook on China to negative from stable because economic rebalancing is likely to proceed more slowly than they had expected.

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