downgrades

Goldman Sachs says it expects the rout in Asian emerging market currencies to continue, downgrading its forecasts. more...

Gold prices held steady on Wednesday, after Moody's cut Spain's credit ratings, adding to uncertainties over whether European leaders would come up with a solution to the bloc's debt crisis at a meeting this weekend. more...

Moody's Investors Service downgraded nine Portuguese banks on Friday due to increased asset risk as a result of the banks' holdings of Portuguese government debt and the sovereign downgrade of Portugal in July to Ba2 with a negative outlook . more...

S&P strikes Italy with a downgrade, siting high debt and low-growth prospects, with Richard Medley, RHM Global CEO, and Andrew Busch, BMO Capital Markets. more...

France's top AAA credit rating is likely to be downgraded and Germany could easily follow as the costs of bailing out weaker euro zone economies push up their own debt piles, says credit hedge fund firm Cairn Capital's chief investment strategist. more...

Moody's sees growing risk Portugal will need a second round of financing, with CNBC's Sue Herera. more...