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...
Eurozone grants four months conditional extension to Greece
Feb 23, 2015 09:12 am UTC| Research & Analysis
The Eurogroup reached an agreement with Greece for an extension of its bailout by four months, easing the concerns regarding the possible exit of the country from the Eurozone."Patience was stretched to its limits in the...
Fitch: Austrian banks' ratings unaffected by sovereign downgrade
Feb 20, 2015 17:23 pm UTC| Research & Analysis
Fitch Ratings says that its recent downgrade of Austrias sovereign ratings does not affect the support-driven Long-term Issuer Default Ratings (IDR) of the four systemically-relevant Austrian banks, which remain...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned