S&P downgraded Greece to ‘CCC’ causing oil to tumble on demand fears, sending Treasury & US dollar higher. Euro spiked higher while the US major indices closed mixed. Gold fell!
On Monday, credit rating agency, S&P Ratings Services downgraded Greece’s credit rating to junk territory ‘CCC’ due to the significantly likelihood of a Greece default over the next 12 months. This caused demand fears in
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