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S&P affirms US rating rate at AA+, outlook stable

Standard & Poor’s rating agency affirmed US at AA+ on Thursday, while keeping a stable outlook.

Expect inherent economic and policy strengths of US will continue to offset its high level of debt and weak political cohesion

Expect growth of 2% this year following by 2.4% in 2015. During 2017/18 expect real GDP growth average about 2.3%

Oil falls sharply to end 3% lower on the day

Oil futures finished sharply lower on Thursday, correcting after two sessions of gains, but prices posted gains the first half of 2016 as recent globa
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US stocks extend recovery amid hopes of further monetary stimulus

US stocks extended gains into a third consecutive session on Thursday, supported by prospects of more monetary stimulus from major central banks after
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