Reuters - Video

EDITION: U.S. | U.K. | IN

Top News

Reuters Asks: Should we care the UK is no longer AAA?

Monday, February 25, 2013 - 01:14

Feb. 25 - What is the significance of Moody’s UK downgrade and what's the impact on the pound.

▲ Hide Transcript

View Transcript

-- What is the message from the rating agency Britain's got that problem. I agree with that I've been telling the country full years that we've got -- that probably couldn't do it. What they'll say say that if we abandoned our commitment to deal without that problem and all situation -- -- very much was not absolutely that we mustn't do that. Markets a full assault auriemma by the fact that in the case of the U counting the credit downgrade was a long time coming the precise coming may have been. A little bit on usual. I don't really see that. We should see a massive backup and implement things are and indicates is -- suggesting that short positioning studying was approaching. A free yep extreme. So I think that we've seen the events and we -- the initial knee jerk selloff on the back of it. There is potential now for -- rebounds to take place. Not insignificant thing we'll affects investor perceptions that some of the UK I think it matters local currency than it does -- the bond market. We have seen currency weakness. This morning and actions that and that's likely to be. Some sustained will be -- that's nice that would prove helpful for -- to the economy but much less so I think for the government bond market.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Reuters Asks: Should we care the UK is no longer AAA?

Monday, February 25, 2013 - 01:14

Editors' Picks »

Moving Pictures »

Dance of the northern lights Dance of the northern lights

12:37pm BST - (1:08)

Images of September Images of September

Thu, 02 Oct, 2014 - (1:00)

Still missing – MH370 Still missing – MH370

Fri, 05 Sep, 2014 - (2:05)

Burning Together Burning Together

Mon, 01 Sep, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, 22 Aug, 2014 - (3:12)

Images of August Images of August

Fri, 29 Aug, 2014 - (1:00)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, 11 Aug, 2014 - (2:27)

Burned memories Burned memories

Fri, 08 Aug, 2014 - (3:02)

Images of July Images of July

Fri, 01 Aug, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, 11 Jul, 2014 - (1:00)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, 19 Feb, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, 10 Jan, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, 29 Aug, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, 29 Aug, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, 05 Aug, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, 17 Dec, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sun, 09 Dec, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Mon, 10 Dec, 2012 - (10:39)