Fitch upgrades Greece to 'CCC'
Aug 18, 2015 20:22 pm UTC| Research & Analysis
Fitch Ratings has upgraded Greeces Long-term foreign and local currency Issuer Default Ratings (IDRs) by one notch to CCC from CC. The issue ratings on Greeces senior unsecured foreign and local currency bonds have also...
Moody's: China's exchange rate reform is credit negative for property developers
Aug 18, 2015 06:28 am UTC| Research & Analysis
Moodys Investors Service says that the depreciation in the renminbi that has followed the shift in the mechanism for determining the daily fixing rate of the Chinese currency against the dollar is credit negative for...
Aug 18, 2015 00:26 am UTC| Research & Analysis
Moodys maintains its baseline forecast for G20 GDP growth at 2.7% this year, rising to around 3% in 2016, compared to 2.9% in 2014. These 2015-16 growth forecasts are still below the G20s average growth rate before the...
Moody's: China advances exchange rate reform, a credit positive
Aug 14, 2015 05:44 am UTC| Research & Analysis
Moodys Investors Service says that the shift in the mechanism for determining the daily fixing rate of the renminbi against the dollar is credit positive because it will increase currency flexibility and support steps to...
Aug 12, 2015 12:37 pm UTC| Research & Analysis
Rationale: We all have been well aware that next key driver for this pair was Feds rate hike expectations but recent FX collapse that is created by Chinese bank would probably reveal US may defer this big event to the...
Moody's changes outlook on UK's banking system to stable from negative
Aug 06, 2015 07:25 am UTC| Research & Analysis
Moodys Investors Service has changed the outlook on the UK banking system to stable from negative. This reflects the expectation that most UK banks will maintain solid financial fundamentals over the next 12-18 months,...
Aug 06, 2015 06:50 am UTC| Research & Analysis
As anticipated in our recent posts, weve already seen GBPAUD has evidenced 438 pips of fluctuation on a single trading day. As we spotted out a clear sell call on this pair 1st time ever since February 2014. You can...
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