Deutsche Bank AG (DB): Fitch downgrades outlook to negative (fr...

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fromtheuk

Re: None

Friday, 08/31/2018 5:21:01 PM

Friday, August 31, 2018 5:21:01 PM

Fitch downgrades outlook to negative (from stable) for Italy. This will be the first of many over the next few weeks. This will force selling and drive up the yields.

Not looking good for DB holding so much Italy debt. Default one step closer.

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