Fitch: High FX Mismatch Risk for Latin America Corporates
Jun 30, 2015 21:11 pm UTC| Research & Analysis
There is a high foreign exchange (FX) mismatch risk for companies in five Latin American countries, according to FitchRatings. We have released our 2015 "Latin America Corporates FX Sensitivity Analysis, which examined the...
Fitch: Greek Tensions Have Pushed Up Mortgage Arrears
Jun 30, 2015 11:46 am UTC| Research & Analysis
Greek mortgage arrears have risen during the prolonged negotiations between the countrys government and its official creditors, Fitch Ratings says. A deteriorating economy and almost total absence of bank credit may have...
Moody's: US off-price apparel and home retailers continue their rapid growth
Jun 30, 2015 11:23 am UTC| Research & Analysis
The US off-price apparel and home products segment continues to grow rapidly as consumers who developed a taste for cheaply priced luxury goods during the recession keep up their hunt for bargains, Moodys Investors Service...
Moody's: Distinct strategic orientations of three major Thai banks benefit credit profiles
Jun 30, 2015 06:42 am UTC| Research & Analysis
Moodys Investors Service says that the different areas of focus of Thailands (Baa1 stable) three largest banks, along with their strong underwriting discipline, will support their pricing power within their respective...
Jun 30, 2015 05:46 am UTC| Research & Analysis
Power prices in Great Britain will remain low through 2020, driven by ongoing demand reduction and growth in interconnectors and renewables. Moodys expects year-average wholesale electricity prices of GBP42-46/MWh if...
Moody's: Low power prices in Germany keep pressure on generation earnings
Jun 30, 2015 05:43 am UTC| Research & Analysis
Moodys Investors Service expects that German power prices will remain in the range of EUR30-35 per megawatt hour (MWh) to 2020. This compares with around EUR31-32/MWh today, and reflects: (1) new capacity which will shift...
Moody's: In Italy, low gas prices and weak demand expected to drive down electricity prices
Jun 30, 2015 05:20 am UTC| Research & Analysis
London, 30 June 2015 -- Moodys Investors Service expects that Italys wholesale power prices will stay in a range of EUR42-47 per megawatt hour through 2020, down from EUR48-51/MWh currently. The expected decline is mainly...