Fitch Financial News

02.08 / 10:03

Provident NASDAQ NIFTY SENSEX Fitch Sensex today cracks nearly 1,000 points: Here are 5 reasons why market is falling - Explained

midcap and smallcap indices also falling over a percent each. All the sectoral indices were trading in the red with banks, auto and metals falling the most. Tata Motors, Hero MotoCorp, Tata Steel, Coal India were among the top losers on the Nifty today.

02.08 / 09:57

Lowe's Twitter SENSEX Fitch show "Don’t get carried away" by market debacle, says Zerodha Co-founder Nikhil Kamath

Zerodha Co-founder Nikhi Kamath said in a tweet. In his opinion, one should not lose too much in bad times and focus on making the most during good times. "#Bear markets are significantly more dramatic than bull, if this #bull run has lasted longer than usual and vix(volatility) is at a ridiculously low level, don't get carried away...," Kamath said.

02.08 / 09:17

UPS Target Career Manufacturing Strategy Fitch Can the Fitch news blow up into something bigger for markets? Gautam Samarath explains

«I think you would have to contextualise what is happening today versus how we have got to this point. We have had a pretty strong and resilient global equity market so far this year,» says Gautam Samarath, M&G PLC.Global cues and macros are giving shivers to markets across the world, and India is no different. Is it justified? Can the Fitch news blow up into something even bigger or maybe we are paying too much attention to it right now? I think you would have to contextualise what is happening today versus how we have got to this point.

02.08 / 08:43

UPS Reuters Strategy NIFTY Fitch Losing Sheen! Why metal stocks have fallen up to 3% today

Metal stocks fell up to 3% on Wednesday amid a firmer US dollar which made greenback-priced commodities more expensive for holders of other currencies. The Nifty metal index was down 1.3% around 11:45 am and trading at 6,681, with 12 scrips in the red in the 15-stock index. The top losers in the day's trade were National Aluminium Company (3%), Jindal Stainless (2.6%) and Tata Steel (2.6%).

02.08 / 07:59

NASDAQ Fitch MSCI Nikkei show track Drop Japanese shares post biggest one-day drop this year; US rating cut weighs

Japanese shares slid on Wednesday to their biggest one-day percentage drop this year, as caution prevailed across Asia after a surprise cut on the U.S. credit rating weighed on sentiment. Japan's benchmark Nikkei average closed down 2.30% at 32,707.69 in its sharpest one-day drop since Dec.

02.08 / 07:33

Fitch Congress US Moody's US loses Fitch AAA rating following debt ceiling turmoil

Fitch said that brinkmanship over debt ceiling negotiations and “last-minute resolutions” had increased in recent year, which has “eroded confidence in fiscal management”.

02.08 / 07:25

Dogecoin UPS Ethereum XRP Fitch Bitcoin bitcoin rises Crypto Price Today: Bitcoin rises above $29,600; Polygon, BNB surge up to 3%

Fitch Ratings downgraded the US long-term debt rating on fiscal concerns. Fitch Ratings has downgraded the United States' sovereign credit grade by one level from AAA to AA+ on the basis of 'ballooning fiscal deficits and erosion of governance' that have caused repeated debt limit emergencies over the past two decades. Bitcoin (BTC) surged 2.61% to $29,657, meanwhile, its largest peer, Ethereum, was also trading higher and climbed above the $1,850 level.

02.08 / 07:09

COST Target Progressive Fitch social Explained: What is a rating downgrade? And six key reasons why Fitch Ratings downgraded US

Fitch cuts US credit rating to AA+ from AAA after debt limit standoffs; White House “strongly disagrees" Fitch Ratings enlisted six key rating drivers in its statement. Take a look: Erosion of Governance: Fitch believes there has been a steady deterioration in standards of governance in the US over the last 20 years, including on fiscal and debt matters, in spite of the June bipartisan agreement to suspend the debt limit until January 2025.

02.08 / 05:07

NIFTY SENSEX Fitch ADP show open Rupee depreciates 12 paise to open at 82.38 against the US dollar

Read here: Fitch cuts US credit rating to AA+ from AAA after debt limit standoffs; White House “strongly disagrees" “Rupee is likely to appreciate today amid expectation of correction in dollar. Dollar is likely to retreat from its high after US credit rating downgrade.

02.08 / 05:07

UPS Extreme Fitch Covenant show country Fitch Ratings downgrade: Could a cut in US rating mean higher inflows to India, other EMs?

Fitch cuts US credit rating to AA+ from AAA after debt limit standoffs; White House “strongly disagrees" In simple terms, credit rating shows the creditworthiness of an individual, company, or government. Different rating agencies follow different practices for assigning ratings. As per experts, for Fitch Ratings, 'AAA' rating is the best and 'AA+' is high-quality.

02.08 / 05:07

Lowe's Target AXY Fitch Gold price today: Rates rise after Fitch Ratings downgrades US credit rating; what should investors do?

Fitch Ratings downgrade: Could a cut in US rating mean higher inflows to India, other EMs? MCX Gold for October delivery traded 0.26 per cent higher at ₹59,544 per 10 grams around 10:10 am. Gold prices may trade with gains today, taking support from the dollar's weakness after the Fitch downgrade. Ravindra V.

02.08 / 02:57

Lowe's MET Manufacturing Fitch show country Dollar shaky after US credit rating downgrade

dollar struggled to make headway on Wednesday after a cut on the U.S. government's top credit rating by Fitch raised questions about the country's fiscal outlook, though it drew some support from a relatively resilient run of economic data. Rating agency Fitch on Tuesday downgraded the United States to AA+ from AAA in a move that drew an angry response from the White House and surprised investors, coming despite the resolution two months ago of the debt ceiling crisis.

02.08 / 02:57

UPS Fitch Nikkei show fall Asian stocks Asian Stocks fall, Treasuries gain after Fitch downgrades US rating

Asian stocks traded lower while U.S. Treasury yields declined on Wednesday, after ratings agency Fitch unexpectedly downgraded the United States' top-tier sovereign credit rating.MSCI's broadest index of Asia-Pacific shares fell 0.5%. Japan's Nikkei slid by 1.2%, while Australian shares edged down 0.5%.

02.08 / 02:57

UPS Fitch show country Gold gains as US dollar, yields stumble on Fitch downgrade

Gold prices edged higher on Wednesday as the U.S. dollar and Treasury yields were bogged down after Fitch downgraded the country's credit rating, souring confidence in the economy ahead of key data due this week. FUNDAMENTALS * Spot gold was up 0.2% at $1,948.43 per ounce by 0122 GMT, while U.S.

02.08 / 01:59

NASDAQ Manufacturing NIFTY Fitch Nikkei KOSPI Indian Gift Nifty, global markets to US credit rating downgrade - key triggers for Indian stock market today

Read here: Fitch cuts US credit rating to AA after debt limit standoffs Meanwhile, a report from the Institute for Supply Management said that in July manufacturing contracted at a slightly worse pace than economists expected, but not as badly as it did in June. A separate report from S&P Global also said US manufacturing is continuing to decline. In Japan, the Nikkei 225 declined 1.48%, while the Topix fell 1.11%.

02.08 / 01:23

COST Strategy LinkedIn Fitch Moodys show Fitch cuts US credit rating to AA+; Treasury calls it 'arbitrary'

Fitch on Tuesday downgraded the U.S. government's top credit rating, a move that drew an angry response from the White House and surprised investors, coming despite the resolution of the debt ceiling crisis two months ago.

02.08 / 01:23

Fitch AUD country US Treasury yields edge lower after Fitch downgrade

Fitch lowered the country's top credit rating. The 10-year Treasury note declined about 3.2 basis points (bps) to 4.015% as of 0017 GMT, retracing part of its 9 bps rise from Tuesday.

02.08 / 01:07

Fitch Fitch cuts US credit rating to AA after debt limit standoffs; cites expected fiscal deterioration over next three years

Joe Biden and the Republican-controlled House of Representatives reached a debt ceiling agreement that lifted the government's $31.4 trillion borrowing limit. “In Fitch's view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025," the rating agency said in a statement.

01.08 / 23:03

Fitch Fitch downgrades its credit rating on the US citing growing debt and ‘deterioration in standards of governance’

Fitch downgrades its credit rating on the US citing growing debt and ‘deterioration in standards of governance’

01.08 / 23:03

COST UPS Lowe's Fitch Fitch downgrades US credit rating, citing mounting debt and political divisions

Fitch Ratings has downgraded the U.S. credit rating, citing an expected increase in government debt over the next three years and a “steady deterioration in standards of governance” over the past two decades

01.08 / 22:47

Compilation Fitch country Fitch downgrades US credit rating

The U.S. was stripped of its top-tier sovereign credit rating by Fitch Ratings, echoing a move made more than a decade ago by S&P.

Fitch Financial News

popular questions about Fitch

What is Fitch and why is it relevant?

Where can I find the latest updates on Fitch?

How can I verify the accuracy of information on Fitch?