Moody's: Largest lenders to Nordic local governments face limited credit risks
May 14, 2018 11:10 am UTC| Research & Analysis
The four Nordic specialist lenders KommuneKredit (Aaa), Kommuninvest i Sverige Aktiebolag (Aaa), Kommunalbanken AS (Aaa), and Municipality Finance Plc (Aa1) benefit from strong ties to their sovereigns and low credit risk,...
Moody's: Uncertainty over future of Libor is broadly credit negative
May 14, 2018 09:31 am UTC| Research & Analysis
The uncertainty around the phasing out of Libor after 2021 is broadly credit negative, but there is only a low chance of it leading to defaults on individual instruments, Moodys Investors Service said in a report...
May 14, 2018 06:45 am UTC| Research & Analysis Insights & Views
The BOE, ECB, and RBNZ failed to augment a weak dollar narrative last week but momentum for a strong dollar stuttered instead as short-term dollar bulls reached near term satiation. For this week, continue to look to...
ICOs vs Traditional Securities issued over a Blockchain
May 11, 2018 13:35 pm UTC| Digital Currency Research & Analysis Insights & Views
Since the new method of raising money has been very instrumental in setting up of business based on newly invented technology which is Blockchain, it has simultaneously become a luring source for every huckster, scammer,...
FxWirePro: Trade perspective on US interest rate derivatives on disappointing CPIs
May 11, 2018 12:19 pm UTC| Research & Analysis Insights & Views Central Banks
Yesterdays US inflation data disappointed. Both the overall rate and the core rate came in below analysts expectations. Is inflation pressure not going to materialize? As a result, shall we not see rapid USD-positive rate...
FxWirePro: Balance risks between BoE and Brexit and hedge GBP/USD via options strips
May 11, 2018 11:34 am UTC| Research & Analysis Insights & Views
GBP has been a notable outperformer since the last KCV, albeit correcting lower in recent days as a May rate hike is called into question. Intra-month cable and the GBP NEER established fresh post-referendum highs, cable...
SEC gets green signal from Ney York district court for further prosecution on ICO scam
May 11, 2018 10:11 am UTC| Research & Analysis Insights & Views Digital Currency
In the American setting, the SEC and CFTC hearing in February provided a lifeline for cryptocurrencies and ICOs, promising to create regulatory frameworks that would nurture the developing market. The United States...
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
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight