Spain's Upgrade, Plunging Spreads & Firming Euro

by Ashraf Laidi

Apr 28, 2014 12:31

Fitch upgraded its rating on Spain's sovereign credit by one notch to BBB+ joins the rank of Italy and Ireland and emerges 2 months following Moody's upgrade of Spain to Baa2, but remains comparably lower than that by Fitch. Standard & Poor's maintains its BBB- rating on Spain, which is not only the lowest for Spain among the three major agencies, but also the lowest within in the investment grade category. Full charts & analysis here.

Click To Enlarge

 

Latest IMTs

• Gold, Silver & the Fed
  by Ashraf Laidi | Apr 29, 2026 14:45
• Have Stocks Peaked?
  by Ashraf Laidi | Apr 27, 2026 14:47
• Missing the Silver Target
  by Ashraf Laidi | Apr 23, 2026 9:46
• Hedging your Margined Account
  by Ashraf Laidi | Apr 21, 2026 15:35
• From Fibonacci Land
  by Ashraf Laidi | Apr 20, 2026 18:40