Moody's downgrades Republic of Congo's rating to B3
Aug 01, 2016 23:52 pm UTC| Research & Analysis
Moodys Investors Service has today downgraded the Republic of the Congos (ROC) issuer rating to B3 from B2, and initiated a review for further downgrade. The key driver for the downgrade is the weak state of the...
Aug 01, 2016 11:44 am UTC| Research & Analysis Insights & Views
The GBP continued to weaken post-referendum, with EURGBP traded briefly above 0.86 and GBPUSD trading below 1.30 early in July. GBP has regained some of the losses, but TWI is still 10% weaker than pre-Brexit. EURGBP...
FxWirePro: Put call parity of AUD/NZD options and back-test using Garman-Kohlhagen FX Model
Aug 01, 2016 07:47 am UTC| Research & Analysis
Any currency option deal may be equivalently valued as either a call or a put using a parity condition that is specific to currency options. We considered AUDNZD pair to demonstrate the concept, this condition states...
Aug 01, 2016 01:56 am UTC| Research & Analysis
Moodys Investors Service says that a dislocation in Chinas onshore bond market would unlikely lead to a systemic financial crisis and the effects would be limited because of various mitigating factors. The bond markets...
Moody's: EU Banks are Broadly Resilient to EBA's Severe Scenario in 2016 Stress Tests
Aug 01, 2016 00:23 am UTC| Research & Analysis
The European Banking Authoritys (EBA) 29 July stress test results show that most European Union (EU) banks prove to be resilient under adverse conditions, marking a significant improvement upon the results of the EBAs...
Aug 01, 2016 00:15 am UTC| Research & Analysis
Moodys Investors Service says that the outlook for New Zealands banking system is stable over the next 12-18 months and reflects the systems robust capitalization and strong structural profitability; factors which will...
Jul 29, 2016 13:04 pm UTC| Research & Analysis Insights & Views
The OTC options market appeared to be more balanced on the direction for the pair over the 1m to 1y time horizon as hedgers have been cautious on long term downtrend that has lasted since mid-April 2013. As a result,...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects