In a report this morning Fitch said that the US UK and France were at risk of losing their AAA credit ratings as debt-to-GDP ratios continued to accelerate. Specifically for the US Fitch was optimistic that Congress would be able to successfully pass a hike of the debt ceiling and the odds of a sovereign default remained extremely low. However Fitch pointed out that Congressional positions had become more entrenched with the recent fiscal negotiations. There were more rumblings from Japan as the economy minister mentioned that an excessively weak yen would negatively affect imports and households a departure ...