Standard & Poor’s downgraded its credit outlook for the United States

Monday, 18 April 2011 07:31

Standard & Poor’s downgraded its credit outlook for the United States mainly due to congress not reaching an agreement on the budget deficit which has taken almost 200 points off the Dow at time of writing.

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China the larger holder of U.S. Treasury securities

Sunday, 17 April 2011 05:24

China the larger holder of U.S. Treasury securities reduced its holdings for a fourth straight month in February a treasury report has shown. China’s position is now $1.15 trillion down by almost 600million.

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