USD/JPY: 120 upside maximum due to China - Rabobank

Analysts at Rabobank explained that although there are likely to be periods of improved risk appetite, the deep rooted concerns over the outlook for China could persist for years.
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S&P downgrades Saudi Arabia to A- from A+, outlook stable

Standard & Poor's rating agency cut the Saudi Arabia kingdom's rating by two notches to A- from A+, with stable outlook.
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