Fitch Affirms Australia at 'AAA'/Stable


According to the latest report published by Fitch ratings on Friday, the ratings agency has affirmed Australia's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'AAA'.

The Outlook is Stable. Australia's senior unsecured local-currency bond ratings are also affirmed at 'AAA'. The Country Ceiling is affirmed at 'AAA', and the Short-Term Foreign- and Local-Currency IDRs at 'F1+'.

Full report here

Share: Feed news

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended content

Editors’ Picks

AUD/USD remains firm above 0.6600 ahead of RBA

AUD/USD remains firm above 0.6600 ahead of RBA

AUD/USD maintains its bullish bias well and sound on Monday, extending the multi-session recovery past the 0.6600 barrier ahead of the key interest rate decision by the RBA.

AUD/USD News

EUR/USD propped up near 1.0750 ahead of European Retail Sales

EUR/USD propped up near 1.0750 ahead of European Retail Sales

EUR/USD churned around 1.0770 to kick off the new trading week, with the pair rising after better-than-expected Purchasing Managers Index figures early Monday before settling into familiar chart territory above 1.0750 ahead of Tuesday’s pan-European Retail Sales figures.

EUR/USD News

Gold holds on to modest gains around $2,320

Gold holds on to modest gains around $2,320

Gold trades decisively higher on the day above $2,320 in the American session. Retreating US Treasury bond yields after weaker-than-expected US employment data and escalating geopolitical tensions help XAU/USD stretch higher.

Gold News

Bitcoin price holds above $63K as MicroStrategy tops BTC ownership list

Bitcoin price holds above $63K as MicroStrategy tops BTC ownership list

Bitcoin (BTC) price recorded a rather bold two days this past weekend in a surge that saw millions in positions liquidated. However, the week is off to a calm start with altcoins sucking liquidity from the BTC market.

Read more

Stagflation warning: Service economy contracts as prices rise

Stagflation warning: Service economy contracts as prices rise

In another stagflation warning sign, the U.S. service sector contracted in April even as service prices rose. The Institute for Supply Management's non-manufacturing PMI dropped to 49.4 in April, dipping from 51.4 in March. 

Read more

Forex MAJORS

Cryptocurrencies

Signatures