Stocks are opening under a little pressure this morning. Overnight, France's AAA credit rating is still intact, but Moody's has warned the country of a possible negative outlook.
The agency says France needs to show commitment to financial reforms, and if not, it's possible the rating could be downgraded within two years.
This is causing the Euro to drop and is setting off a chain reaction of selling in Gold and Silver.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment