Moodys downgrades China to A1 from AA3 Changes outlook to stable (from negative) more to come Related posts: Fed’s Lockhart: ‘On the fence’ on possibility of June hike China – May Industrial Production 6.0% y/y (expected 6.0%) Gundlach does not expect the Federal Reserve to cut rates WTI/USD – US Crude Slips as Hopes for OPEC Deal Fade Post navigation BOJ’s Kuroda speech – full text Australian Westpac Leading Index (May): -0.12% m/m (previously +0.08%)
