Greek market rating lowered into the junk file # # # visit the United States concerned

 And information exchange news on Friday (14), the performance of the varieties of major currencies relative calm, the Canadian dollar by improving the impact of U.S. economic data was lower, but then, driven by higher crude oil prices, the Canadian dollar strong again.

Overall, the national data were mixed, the market is difficult to select the direction. The dollar index fell to 79 crossing near stabilized, enter the correction. China's central bank announced on Friday raised the deposit reserve ratio from 0.50 to 18% of the higher position, and the market generally believes that China's recent interest rate increase may enter, the Australian dollar so slightly lower.

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is worth noting that, in late Friday, Fitch announced that long-term sovereign rating from Greece So far three major international rating agencies to Greece's sovereign ratings are junk.

whether the existing number of disadvantages of the credit rating system, at least for now it still plays an unparalleled international financial markets role. Junk bond rating means that many funds and institutions will continue to buy their claims may not make financing more difficult. This news, the market has long been expected, but still can not underestimate its role model. Although the disk does not have to watch too much pressure on the euro. But no doubt likely to fall into several other euro countries the debt crisis has sounded the alarm.

*** Chinese President tomorrow will start a state visit to the United States, when many political and business leaders will meet and deliver a speech. At the same time China and the U.S. exchange rate, trade surplus, intellectual property protection issues and North Korea may be discussed heavyweight issues, investors should be given attention.

Focus Today

U.S. markets closed for Martin Luther King Day

13:00 Family of Japan's consumer confidence index in December (Cabinet Office)

agency point of view

Canada might be expected in the third quarter before the first half of this year to raise interest rates, National Bank Financial chief economist Stefane Marion said: Bank of Canada expected to rise because of U.S. economic growth forecast. rate hike is likely in the Jean-Claude Trichet term expired on October 3 before.

Federal Reserve (Fed) members Talu Luo (Daniel Tarullo) said no doubt the U.S. economy over the past six months has improved, but the decadent state of the housing market problems and high unemployment still a drag on economic growth. And 2011, the housing market will not significantly reversed. Not face significant upward pressure on inflation.