Moody's: Securitizations can help fund India's growth agenda
Mar 06, 2015 02:16 am UTC| Research & Analysis
Moodys Investors Service says that Indias budget prioritizes growth over deficit reduction, which will increase the needs for new sources of long-term funding. Recent policy announcements, including the...
Moody's: Robust China and US auto demand to offset slowing European sales in 2015-16
Mar 05, 2015 17:14 pm UTC| Research & Analysis
Anticipated strong, albeit slowing, auto demand in China and improving demand in the US will offset slowing European sales in 2015-16 and underpin the stable outlook for the global automotive manufacturing industry over...
Fitch: EU investors fear strong USD effect on emerging markets
Mar 05, 2015 13:20 pm UTC| Research & Analysis
European investors are concerned the strong US dollar will cause country-specific emerging market financial stress, but few see widespread contagion as likely, according to the latest Fitch Ratings investor survey.An...
Fitch: EMEA Financials' Ratings Continue to Stabilise; Issuance Slows despite QE Rally
Mar 05, 2015 12:39 pm UTC| Research & Analysis
Fitch Ratings says in a new report that EMEA financial-sector issuance so far lags the pace set at the start of 2014 - declining 12% yoy in 2M15 - while a QE-inspired rally has sent spreads and new issue premia...
BOC unlikely to cut rates anytime soon
Mar 05, 2015 09:23 am UTC| Research & Analysis
"It does sound like the BOC is pretty comfortable for now at 0.75 percent" - BMO Capital MarketsThe Bank of Canada kept its overnight rate unchanged at 0.75 percent as expected, it announced on Wednesday. In an unexpected...
Fitch: Indonesia's Slowing Credit Growth Lowers Bank Systemic Risks
Mar 05, 2015 01:36 am UTC| Research & Analysis
Fitch Ratings says that slowing credit growth in the Indonesian banking system has helped to contain the build-up of systemic risks. In the agencys latest Macro-Prudential Risk Monitor (published on the 3 March, 2015), the...
Moody's: Solvency II not expected to lead to many insurance rating changes, but uncertainties remain
Mar 04, 2015 18:49 pm UTC| Research & Analysis
The impact of the new regulatory system for insurers in the European Union and the European Economic Area, Solvency II, is not expected to be material enough to lead to many rating changes. However, there still remain...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects