Moody's: Abenomics' third arrow reforms positive, but remain a work in progress
Nov 09, 2016 00:23 am UTC| Research & Analysis Economy
Moodys Investors Service says thatJapans(A1 stable) structural reform efforts -- the so-called third arrow of Abenomics -- support the governments credit profile, but they remain a work in progress. The ability of such...
Nov 08, 2016 12:53 pm UTC| Research & Analysis
Euro area GDP increased 1.4% QoQ, SAAR in Q316, very close to the PMIs signal. This raises the signaling value of the large PMI increase in October, pointing to some upside risk in Q416. In the final report for...
Nov 08, 2016 07:19 am UTC| Research & Analysis
Fundamental medium term outlook of AUD/USD:While further gains to around 0.77 are possible during the month ahead, driven in part by the faltering US dollar and yield-chasing flows, the AUD is losing energy (perhaps a...
Fitch Affirms New Zealand Covered Bond Ratings on New Criteria - Reuters News
Nov 08, 2016 06:32 am UTC| Research & Analysis
Fitch Ratings has affirmed the ratings of five New Zealand mortgage covered bond programmes following the implementation of the agencys new Covered Bonds Rating Criteria published on 26 October 2016. The Outlooks are...
Announcement: Moody's: Update on Western Australia
Nov 08, 2016 02:16 am UTC| Research & Analysis
Moodys Investors Service says that Western Australias credit quality is supported by the budgetary flexibility to repair its fiscal performance, forthcoming increases in GST-backed Commonwealth grants -- that will...
Nov 07, 2016 15:00 pm UTC| Central Banks Research & Analysis
It does come as a surprise that - contrary to other risk events such as the Brexit referendum etc. - the SNB does not create a buffer of CHF weakness which would prevent the franc from appreciating excessively in the case...
FxWirePro: Excessive yen skew premium to generate gap between EUR/USD and EUR/JPY
Nov 07, 2016 12:07 pm UTC| Research & Analysis
The excessive yen skew premium Yen calls are in high demand for all crosses (see above graph) as the market is behaving in a risk-off way. As we wrote here and here, the yen probably met an inflexion point after months of...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects