gold price trend

2011年11月24日 星期四

Europe's growing debt crisis

Fitch Ratings (Fitch) said Wednesday that Europe's growing debt crisis, the economic downside risks, and liabilities of the increase may be the French sovereign rating of AAA risk.

November 23, auction of government bonds in Germany, the euro after the decline began to intensify. Treasury auction results for Germany since the advent of the euro one of the worst. This means that the debt crisis may have spread to the euro zone, "the last piece of land" - Germany. France, the euro zone rating and ratings are subject to a warning.

The German Federal Government on Wednesday a € 3.644 billion auction of 10-year bonds, coupon interest rate of 2%, the average bid rate of 1.98% over-subscription rate of 1.1, suggesting that poor demand for government bonds.

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