Mar 23, 2016 05:59 am UTC| Research & Analysis
The pair has dropped when it is nearing the resistance at 86.007. On the contrary, the current prices have jumped above well above 7DMA. Leading oscillators diverge the previous upswings at this resistance...
Fitch: China Banks' Profitability Pressures to Continue in 2016
Mar 23, 2016 01:50 am UTC| Research & Analysis
Major Chinese banks results for 2015, which are due to be released next week, should show continued subdued earnings growth amid margin compression and asset deterioration, says Fitch Ratings. Fitch expects these...
Moody's: New Zealand covered bond performance stable in Q4 2015
Mar 23, 2016 01:23 am UTC| Research & Analysis
Moodys says that the performance of New Zealands covered bond programmes was stable during Q4 2015. The stable performance was supported by New Zealands stable Aaa sovereign rating, the strong and stable financial...
Moody's: Credit quality of Korean non-financial corporates stable in 2016
Mar 22, 2016 02:07 am UTC| Research & Analysis
Moodyssays the credit quality of non-financial corporates in Korea (Aa2 stable) will be stable in 2016, but that weak macroeconomic conditions will increase challenges for some sectors. Despite significant...
Moody's: Brexit poses manageable credit challenges for UK and EU
Mar 22, 2016 00:25 am UTC| Research & Analysis
The economic costs of the UK leaving the European Union would outweigh the potential benefits and would have credit implications for a range of bond issuers, including the UK government, banks, insurers and non-financial...
Fitch: Policy Outlook Positive for Aussie Bank Credit Profiles
Mar 18, 2016 03:47 am UTC| Research & Analysis
The Australian Prudential Regulation Authoritys (APRA) prudential policy outlook for 2016 reinforces Fitch Ratings view that regulatory developments over the next two to three years will strengthen the Australian banking...
Fitch: Indonesian Auto Sales Recovery In Sight
Mar 18, 2016 03:18 am UTC| Research & Analysis
Fitch Ratings believes Indonesias auto sales could recover 3%-5% in 2016 on the back of an improved economic outlook and lower interest rates, which may improve consumer purchasing power. This is despite declining domestic...
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