“Rating agency Fitch follows Moody's lead lowering the outlook of Great Britain to negative, while maintaining the triple "A", and declaring that the country has limited capacity to react to shocks”. It is to announce it Michael Hewson, senior market analyst at CMC Markets.
The warning was widely expected, following last month's move by Moody's. “In Europe – again according to Hewson – Spain has replaced Italy as the main cause for concern, with the yield on 5,10-year bonds again close to exceeding XNUMX%”.
