An update on US regional and Global Investment Banks following Q3 results

Read the September 2019 global default report, and more

Key themes shaping global credit markets in 2019

Explore the latest insight on ESG implications for global credit markets

Stay on top of relevant trends shaping credit markets with Moody's CreditView

15 Oct 2019|Moody's Investors Service

Turkey’s recent military incursion into Syria has resulted in US sanctions which, while limited, are likely to increase economic risks because of the knock-on effect they will have on investor and business sentiment. The US Senate is currently considering further and potentially more wide-ranging sanctions, underscoring the importance of geopolitical risk for Turkey’s overall credit profile.

15 Oct 2019|Moody's Investors Service

The stable industry outlook reflects our expectation that rated construction companies’ revenue growth will average 4% during the coming 12-18 months. Revenue growth is slowing with global GDP growth but is supported primarily by infrastructure spending. The outlook also reflects companies' average book-to-bill ratio, which indicates new orders signed versus revenue and signals healthy construction demand for the next 12-18 months.

16 Oct 2019|Moody's Investors Service

New or expanded federal healthcare programs in the US, if enacted, would have positive societal benefits. But they would also have negative credit implications for health insurers, hospitals and pharmaceutical companies.

15 Oct 2019|Moody's Investors Service

The rising prevalence of digital currencies will shape the development of digital platforms by companies in many different sectors over time. Credit implications for debt issuers will depend on whether they can streamline processes, reduce costs, capture value from customers and adapt to competitive pressure from new entrants.

17 Oct 2019|Moody's Investors Service

Increasingly digitized market infrastructure providers and securities firms are generally highly attuned to cyber risk. None has yet been penetrated by the types of highly publicized attacks that have beset other sectors, but eventually a damaging large-scale attack will occur, and a single significant cybersecurity misstep risks having material adverse business and credit consequences.

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17 Oct 2019|Moody's Investors Service

China's ongoing trade tensions with the US, slowing growth and the rebalancing of its supply chain away from imports present risks for a number of countries in the European Union. In terms of sector exposure, the machinery, motor vehicles, chemicals and pharmaceuticals industries account for the largest amount of EU exports to China on an absolute basis.

15 Oct 2019|Moody's Investors Service

In the latest installment of our Global Trade Monitor, we discuss how trade tensions and protectionist actions are contributing to a manufacturing recession evident across regions. Despite recent announcements of a potential agreement, US-China negotiations are likely to remain challenging, and trade disputes and uncertainty will continue to weigh on global credit conditions.

Moody's Credit Outlook

European Commission’s approval of Greece's asset protection scheme will help banks improve their asset quality

Central Bank of Russia discloses relatively low scale of cybercrime in financial sector

US sanctions on Turkey increase economic risk and potentially reduce policy options

Source: Moody's Investors Service
Weekly Market Outlook

VIX, EDF and National Activity Index Go Far at Explaining the High-Yield Spread

The week ahead – US, UK/Europe, and Asia/Pacific regions

U.S. Downgrades Limited to Speculative-Grade Companies

Source: Moody's Analytics
RATINGS NEWS
Source: Moody's Investors Service
Chinese Property Developers
21 Oct 2019
  |   Moody's Investors Service
Adaro Indonesia (P.T.)
21 Oct 2019
  |   Moody's Investors Service
Zurich Banking Conference
22 Oct 2019
  |   Moody's Investors Service