Moody's downgrades seven Russian financial institutions; concludes review
Feb 24, 2015 16:41 pm UTC| Research & Analysis
Moodys Investors Service has today taken rating actions on the seven Russian financial institutions -- Sberbank, Bank VTB JSC, Gazprombank, Russian Agricultural Bank, Agency for Housing Mortgage Lending OJSC (AHML),...
Fitch: Money fund reform to alter short-term market supply/demand dynamics
Feb 24, 2015 14:18 pm UTC| Research & Analysis
Asset managers are repositioning their cash management platforms in response to money fund reform, but investors are likely to take time to adjust to new features mandated for prime money market funds, Fitch Ratings says....
Fitch: Italian Housing Market Yet to See Increase in Demand
Feb 24, 2015 09:19 am UTC| Research & Analysis
In its latest Italian Mortgage Market Index, Fitch Ratings notes that the recent revival of lending activity is yet to lead to growth in Italian housing demand. The agency believes that the housing supply/demand gap will...
RBNZ to keep interest rates unchanged through next year
Feb 24, 2015 08:54 am UTC| Research & Analysis
Base Indicator: Inflation expectation Q1, Impact: Medium, Currency: NZD/USDActual: 1.8, Previous: 2.06Next Release: 20 March, 2015"We continue to expect the RBNZ will leave the OCR on hold for the foreseeable future" -...
Fitch affirms 10 Nigerian banks on peer review; Stable Outlook
Feb 23, 2015 19:14 pm UTC| Research & Analysis
Fitch has affirmed the Long-term Issuer Default Ratings (IDRs) of 10 Nigerian banks. They are Zenith Bank Plc (Zenith), FBN Holdings Plc (FBNH), First Bank of Nigeria Ltd (FBN), United Bank for Africa Plc (UBA), Guaranty...
Fitch: Danish Krone Peg Defence Looks Credible, But Has Risks
Feb 23, 2015 12:15 pm UTC| Research & Analysis
Steps by the Danish authorities to maintain the euro-krone peg reflect a very strong commitment to a fixed exchange rate, and support Fitch Ratings view that the peg will not be abandoned. Defending the peg avoids the...
Fitch: Quantitative Easing Can Support Sovereign Ratings
Feb 23, 2015 10:02 am UTC| Research & Analysis
Fitch Ratings says in a new report that a credible and effective quantitative easing (QE) programme can provide support to sovereign ratings and potentially reduce the risk of downgrades, relative to the counter-factual of...
Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level