For short term traders, it viewed as heightened risk with respect to overall to overall market performance and absence of positive money talks. However, most long term investors hinges on the outlook for a broad economy and an opportunity to take increase position in equities as the market drops.

Moody’s Investor Service adjusted the ratings of several EU countries in response to the continuing sovereign debt crisis in Europe. Special notice should be put on the following countries:

    * France – outlook on Aaa rating negative;
    * Italy – downgraded from A2 to A3, negative outlook;
    * Portugal – downgraded from Ba3 to Ba2, negative outlook;
    * Spain – downgraded from A1 to A3, negative outlook.

The uncertainties of institutional reforms of fiscal and economic ...

The country’s coal industry produced some 7.6 million metric tons last year, up 21% from the 6.3m MT produced in 2010, on the back strong demand from local power firms and the cement industry, and for export to China and Thailand. However, despite the increase in local production, coal imports are still larger. Last year, total imports reached 11m MT. 95% of the country’s total coal output came from Semirara Island in Antique.