Portugal: DBRS set to review credit rating today - TDS

Research Team at TDS, suggests that with no key data today, but markets may be keeping an eye on Portuguese debt, with DBRS set to review Portugal’s credit rating today.

Key Quotes

“DBRS is the one major raints agency whose more favourable view on Portugal is keeping the country eligible to be part of the ECB’s QE programme. Markets seem to believe that DBRS is more likely to keep Portugal’s credit rating unchanged though, with Portuguese-German spreads currently sitting near one month lows.”