Automakers on the brink


The credit markets received a slap in the face in October after the decision by Standard & Poor’s to review the auto sector halted a three-month rally and spooked investors whose cups were overrunning with auto paper.

DaimerChrysler’s woes continued last month as its ratings slid out to BBB with a negative outlook from S&P, while Ford’s BBB rating was put on review for downgrade. General Motors escaped any negative action as its ratings were affirmed at BBB.

Auto analysts were critical of S&P’s

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Smarter trading in a fragmented world

FX Week recently hosted a webinar in partnership with Refinitiv to ask foreign exchange industry leaders to discuss geopolitical challenges, market changes and developments, and evolving technologies, and how they have shaped forex markets in Asia

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