The rating is now one level above junk, but it makes it even more of a certainty that the ECB will do something. Ioan Smith More Quotes by Ioan Smith More Quotes From Ioan Smith Weakness in China's economy isn't new ... but China's reaction function seems limited at this stage. They have to focus on weakening the currency, rather than adopting the massive stimulus that some might hope and pray for, we may see subdued commodity prices and therefore continued weakness in the commodity-related names. Ioan Smith company-news Weakness in China's economy isn't new... but China's reaction function seems limited at this stage. They have to focus on weakening the currency, rather than adopting the massive stimulus that some might hope and pray for, we may subdued commodity prices and therefore continued weakness in the commodity related names. Ioan Smith company-news The ECB is widely expected to keep policy unchanged at the June council meeting today, the focus of the press conference will be on comments on Greece and whether the ECB is willing to maintain Greek banks' lifeline in the form of extended ELA assistance. Ioan Smith company-news
