Forex news for Asia trading Thursday 7 July 2016
A less frantic day in Asia today, enlivened a little by Standard and Poor’s revising their outlook for Australia’s sovereign rating to negative from stable. The ratings agency cited potential parliamentary deadlock and its likely impact on delayed budget deficit reduction. We still await a result in the election, counting continues. More in the bullets, above.
ForexLive Asia FX news wrap: S&P changes Australian rating outlook to negative
