Fitch: Rocky economics for US homebuilders if rates spike

Mar 19, 2015 13:29 pm UTC| Research & Analysis

The US homebuilding sector could endure rocky economics if the Federal Reserve raises interest rates too high, too quickly, according to Fitch Ratings. Fitch is maintaining its long-standing forecast for the Fed to start...

Fitch: Oil hit to Norway growth partly offset by krone, wages

Mar 19, 2015 12:28 pm UTC| Research & Analysis

The drag on Norways economy from lower oil prices is visible in Fitch Ratings latest GDP growth forecasts, although the effect is partly offset by krone depreciation and more moderate wage rises.We have reduced our...

Fitch: Low Oil Prices Mostly a Plus for Securitization and Covered Bonds, But Not Without Some Risk

Mar 19, 2015 12:03 pm UTC| Research & Analysis

The outlook is largely positive for global securitization and covered bond performance if oil prices continue to hover around $50 per barrel, though some sectors and regions could be susceptible to performance declines...

Fitch: No Impact from Legislative Changes on Dutch Covered Bonds Analysis

Mar 19, 2015 10:48 am UTC| Research & Analysis

Fitch Ratings says recent Dutch legislative amendmentsare not expected to directly affect the agencys assessment on the discontinuityrisk of legislative covered bonds programmes under this jurisdiction.The recent...

Fitch: Sri Lanka Budget Proposals Positive for Large Spirit Makers

Mar 19, 2015 03:04 am UTC| Research & Analysis

Fitch Ratings says the Sri Lankan governmentsproposals to impose a minimum excise tax on liquor and beer manufacturers andtighten issuance of liquor licenses are positive for larger spiritmanufacturers, including...

Fitch: 1MDB Unlikely to Destabilise Malaysian Banking System

Mar 19, 2015 02:48 am UTC| Research & Analysis

Malaysias banking system exposure to the troubled government development fund 1MDB is a manageable risk, says Fitch Ratings. The nations banks have reasonably prudent lending practices that ought to limit the potential...

Fitch: European Mortgage Payment Rates Rising

Mar 18, 2015 09:11 am UTC| Research & Analysis

Fitch Ratings says that the latest information on payment rates across European mortgage markets suggests that borrower prepayments are becoming more common.In Fitchs RMBS Compare tool 10 of the 11 European markets covered...