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...
Moody's: US airlines to have temporary windfall from cheaper fuel, capacity discipline
Mar 04, 2015 16:49 pm UTC| Research & Analysis
US airlines can expect strong growth in profitability and improvements in return on invested capital (ROIC) in 2015, says Moodys Investors Service. Maintaining capacity discipline while the cost of fuel is low will drive...
Moody's: Slowdown in oil shipments will not derail North American railroad freight growth
Mar 04, 2015 16:44 pm UTC| Research & Analysis
A slowdown in the growth of crude oil shipments in the wake of lower oil prices will not impact overall freight volumes enough for Moodys Investors Service to change its positive outlook on the North American railroad...