Fitch: Kazakhstan Starts to Get to Grips With Troubled Banks
Apr 26, 2017 11:30 am UTC| Research & Analysis
The health of the troubled Kazakh banking sector should start to improve as the authorities push ahead with initiatives to address weak asset quality while the economy recovers following a modest increase in oil prices,...

FxWirePro: Two counter-points to potentially bullish GBP vol thesis
Apr 26, 2017 11:03 am UTC| Research & Analysis Insights & Views
First, the direction of GBP de-leveraging (pound strength) is against the grain of risk-reversals i.e. in the direction of lower, not higher vol on the skew. There is a case to be made then that unlike short expiries that...
Fitch Affirms Israel at 'A+'; Outlook Stable
Apr 26, 2017 10:54 am UTC| Research & Analysis
Fitch Ratings has affirmed Israels Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at A+ with a Stable Outlook. The issue ratings on Israels senior unsecured Foreign- and Local-Currency bonds have also...
Apr 26, 2017 09:46 am UTC| Research & Analysis
The Government of Bahrains Ba2 credit rating with a negative outlook is supported by the countrys high wealth levels, a diversified economy and the positive net international investment position, Moodys Investors Service...
Fitch: European Diesel Restrictions Could Hit Used Car Prices
Apr 26, 2017 09:22 am UTC| Research & Analysis
The prospect of greater restrictions on diesel-engine cars in Europe has not affected used car prices so far, but this could change if the restrictions caused a rapid and large shift of demand away from diesel cars, Fitch...
FxWirePro: A glimpse through HKD/USD rates spread and China bond swaps
Apr 26, 2017 08:08 am UTC| Research & Analysis Insights & Views
It has been a multi-month trend where HKD rates outperformed USD rates amid flush HKD liquidity. Partly because of the change in interest rate differential, spot USDHKD was pushed higher. There is no sign of capital...

FxWirePro: Uphold AUD/NZD call flies amid tepid IVs ahead of more dovish RBA
Apr 26, 2017 07:30 am UTC| Central Banks Research & Analysis Insights & Views
RBAs monetary policy meeting is scheduled on May 2nd; Aprils central banks board meeting minutes has been more dovish than previous months. 1Q CPI next weeks focus; we forecast headline at 0.6% q/q and core at 0.4%...