Moody's: Return of debt limit does not pose risk to US Treasury debt payments
Mar 13, 2015 13:40 pm UTC| Research & Analysis
The reinstatement of the statutory limit on the US debt (Aaa, stable) on 16 March does not pose a threat to the US governments ability to service its debt on a timely basis, says Moodys Investors Service, even if the debt...
Possibility of Fed’s mid-year rate hike weakens
Mar 13, 2015 08:59 am UTC| Research & Analysis
U.S. retail sales fell in February to -0.6 percent, against expectation of a rise of 0.3 percent, the Commerce Department said on Thursday. Analysts said that snowy and cold weather conditions kept consumers away from...
Fitch: Large US Banks Meet CCAR Hurdles
Mar 12, 2015 14:04 pm UTC| Research & Analysis
Large US bank holding companies (BHCs) met minimum hurdles in the Federal Reserves 2015 Comprehensive Capital Analysis and Review (CCAR), with resubmissions of capital requests occurring for three of the largest...
Moody's: Securitization helps support US economy
Mar 12, 2015 13:42 pm UTC| Research & Analysis
Structured finance securitization continues to contribute a significant share of funding to the US economy, and performance of transactions since 2009 has matched expectations as measured by ratings, according to two...
RBNZ unlikely to cut rates anytime soon
Mar 12, 2015 09:01 am UTC| Research & Analysis
The Reserve Bank of New Zealand kept its benchmark interest rate unchanged at 3.5 percent on Thursday, and further signalling it could hold rates for some time although it left the door open for a possible cut."Our central...
Moody's: Ghana and Mongolia's Commodity Dependence Strains Weak Credit Profiles
Mar 12, 2015 04:55 am UTC| Research & Analysis
Moodys Investors Service says that the credit profiles of Ghana and Mongolia - both rated B2 with negative outlooks - are constrained by their exposure to commodities, strained public finances and external...
China’s economy continues losing steam, more stimulus expected
Mar 11, 2015 08:55 am UTC| Research & Analysis
Chinas industrial production fell below expectations last month to 6.8 percent, according to the latest report published by the National Bureau of Statistics. Analysts expectation stood at 7.7 percent. Moreover, urban...