Fitch: Austrian banks' ratings unaffected by sovereign downgrade
Feb 20, 2015 17:23 pm UTC| Research & Analysis
Fitch Ratings says that its recent downgrade of Austrias sovereign ratings does not affect the support-driven Long-term Issuer Default Ratings (IDR) of the four systemically-relevant Austrian banks, which remain...
Moody's: Italy set to benefit from reforms, though debt to GDP ratio to decline only gradually
Feb 20, 2015 16:47 pm UTC| Research & Analysis
Italys (Baa2 stable) economy is gradually recovering, but its growth trajectory will likely remain low in the coming years, says Moodys Investors Service in a report published today. The rating agency expects that the...
Fitch: Will loan growth (and earnings) finally recover for Mexican banks?
Feb 20, 2015 15:41 pm UTC| Research & Analysis
Fitch Ratings Sector Outlook for Mexican Banks remains Stable. Fitch considers a revision of the industry outlook unlikely during 2015, given the moderate expected economic recovery and developing downside risks from the...
Fed to go ahead with June rate hike on upbeat jobless claims
Feb 20, 2015 08:49 am UTC| Research & Analysis
Base Indicator: US Unemployment Claims, Impact: HighCurrency: EUR/USD, USD/JPYActual: 283, Consensus: 293, Previous: 304Next Release: 26 Feb, 2015"FOMC to ultimately attach more weight to continued labour market...
Fitch: Tough Year for Brazilian Corporates
Feb 19, 2015 17:11 pm UTC| Research & Analysis
Fitch Ratings has published a special report Tough Year for Brazilian Corporates. It provides analysis of Brazilian corporates evolving leverage and liquidity ratios.Liquidity is a still short-term relief, but credit...
Fitch: Colombian food 2015 outlook, leverage with limited headroom
Feb 19, 2015 15:44 pm UTC| Research & Analysis
Fitch Ratings expects the ratings of most Colombian food companies to remain stable during 2015, despite a slowdown of economic activity, according to a new report published today.Pressures from rising inflation, the...
Moody's: Prolonged oil price slump is negative for Canadian banks, limited impact for US banks
Feb 19, 2015 14:18 pm UTC| Research & Analysis
A prolonged slump in oil prices will have a negative impact on the profitability of the big Canadian banks and a limited effect on the asset quality of the US regional banks, according to two new reports from Moodys...
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