Moody's: Weak currencies in Latin America hurt consumer goods and oil companies
Apr 16, 2015 14:39 pm UTC| Research & Analysis
The weakening of Latin American currencies against the US dollar through 2015 and into 2016 will affect the cash-flow of companies with significant dollar-denominated debt maturing this year, Moodys Investors Service says...
Moody's revises downward its price sensitivities for iron ore and met coal
Apr 16, 2015 14:31 pm UTC| Research & Analysis
Moodys Investors Service has lowered its price sensitivities for iron ore and metallurgical (met) coal, the rating agency says in a new report. The changes come in response to slowing steel production in China and rampant...
Fitch: Latin America Exposed to Downturn in Cycle and Tough External Environment
Apr 16, 2015 14:15 pm UTC| Research & Analysis
In its Latin American Sovereign Overview, Fitch Ratings forecasts real GDP in Latin America to grow by only 0.5% this year, compared to the 1.6% forecast in December 2014. Venezuela and Argentinas economies are expected to...
Fitch: State Support Will Remain for Most EU Wind-Down Banks
Apr 16, 2015 14:10 pm UTC| Research & Analysis
Fitch Ratings says in a new report that EU state-sponsored wind-down institutions would likely benefit from additional state support if needed, despite resolution legislation.The implementation of the EUs Bank Recovery and...
Fitch: Close Look at EM Corporate Bond Trading Reveals Liquidity Risks
Apr 16, 2015 13:13 pm UTC| Research & Analysis
Investors in dollar-denominated emerging market (EM) corporate bonds face liquidity risks, according to a new Fitch Ratings report.In the U.S., high-yield EM dollar-denominated corporate bonds trade far less frequently...
Fitch: New Right-to-Buy Could Add to UK Housing Provider Challenges
Apr 16, 2015 12:03 pm UTC| Research & Analysis
The UK Conservative Partys announcement that it would offer 1.3 million tenants of registered housing providers (RPs) the right to buy their home at the same discounts as those available for council tenants could add to...
U.S. Fitch Fundamentals Index Indicates Credit Improvement Plateau
Apr 15, 2015 14:08 pm UTC| Research & Analysis
The U.S. Fitch Fundamentals Index (FFI) fell slightly in 1Q15 but remains in neutral territory, as the rate of credit improvement continues to diminish in some sectors.Six years after the start of the economic recovery,...
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