The US-based rating agency, Moody’s Investors Service, is out with its assessment of the current political situation in Italy, with the key headlines found below. Recent developments have no bearing on the decision to put Italy’s ratings under review for downgrade. The key driver of rating action was the risk of a material weakening in fiscal strength. Had expected Five Star and Lega to form a government over the course of this week. New elections will likely produce similar results to the elections in March. Sovereign rating would likely be downgraded if we were to conclude that whoever emerges as the next government will pursue fiscal policies that will be insufficient to place the public debt ratio on a sustainable, downward trajectory in the coming years. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Eurozone: Disappointing loan growth data for April – ING FX Street 5 years The US-based rating agency, Moody's Investors Service, is out with its assessment of the current political situation in Italy, with the key headlines found below. Recent developments have no bearing on the decision to put Italy's ratings under review for downgrade. The key driver of rating action was the risk of a material weakening in fiscal strength. Had expected Five Star and Lega to form a government over the course of this week. New elections will likely produce similar results to the elections in March. Sovereign rating would likely be downgraded if we were to conclude that whoever emerges as… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
