Japan’s benchmark Nikkei 225\n \n index had its worst day of the year, ending down 2.3%, while Hong Kong’s Hang Seng\n \n Index closed down 2.5%, after Fitch cut its rating on US debt to AA+ from AAA on Tuesday. Asian markets may “tread cautiously” as investors turn wary of foreign holders selling their US Treasuries, said Stephen Innes, managing partner of SPI Asset Management.
“The rating downgrade of the United States reflects the expected fiscal deterioration over the next three years, a high and growing general government debt burden, and the erosion of governance relative to ‘AA’ and ‘AAA’ rated peers over the last two decades that has manifested in repeated debt limit standoffs and last-minute resolutions,” Fitch said in a statement. The rating agency expects America’s general government deficit to rise to 6.3% of GDP in 2023, from 3.7% in 2022.
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »
Fonte: cnnbrk - 🏆 393. / 55 Consulte Mais informação »
Fonte: cnni - 🏆 326. / 59 Consulte Mais informação »
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »