Yesterday rating agencies Moody and Fitch Ratings Service confirmed the rating of the U.S., which remained at the highest possible level "AAA" after the program approval in the Senate to reduce the budget deficit. The upper house approved the project with a margin of 48 votes (74 against 26), which will increase the upper limit of public debt (14.3 trillion) by 2013 in stages, and also reduce budget expenditures in Over the next decade. According to Fitch estimates, published in April, the level of U.S. public debt can exceed 100% of GDP by 2012.
The data for this week are: the use of ADP, the ISM services data released today and the data from non-farm payrolls on Friday, which could cause nervousness in the market as business confidence data and the consumer does not provide any confidence to support employment growth, which could still see the markets in red as well as a strong risk aversion.
In the U.S., the employment data from ADP, the data services sector, industrial orders and oil reserves are the data that the market is waiting. Risk aversion in the markets is the dominant and the focus will be on the job data to be published today.