After 18 bank rating cut Moody's cut Spain credit rating to Baa3 from A 3 as spain borrowing cost rise.
Mean while there are reports that Greeks withdrawing nearly 1billion $ from banks everyday as Election coming near ( on sunday ) and incertitudes increase.
Today's important economic data,
- Germany wholesale price index
- SNB interest rate decision
- US CPI (MoM)
- US initial jobless claims
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