Eurozone lending standards not being tightened as aggressively as previously

Summary Spreads continue to move tighter on the back of encouraging signs from the US housing market Latvia reaches agreement with IMF staff on loan Eurozone lending standards not being tightened as aggressively as previously Headlines from the credit market this week During the week there were more signs out of the US that the housing market is moving towards a stabilisation. New home sales were better than expected and the Case-Shiller index showed signs of bottoming out. A stabilisation of