Proposed framework to assess carbon risks for high-risk corporate sectors

Discover the latest on the challenges and risk of Libor and Euribor reform

Join us on May 21 to discuss the credit impact of political risk in emerging markets

View the latest insight on the six themes shaping credit in 2019

Gain an understanding of current trends and sector context using Moody’s CreditView

15 May 2019|Moody's Investors Service

European banks have syndicated more than €100 billion of loans for renewable energy projects since 2013, with exposures for some large banks equaling more than 16% of Common Equity Tier 1 capital. Diversification, loan granularity and strict underwriting standards help mitigate the risk of renewable energy project financings, which, in Moody’s-rated precedents, have typically been of low investment-grade credit quality.

16 May 2019|Moody's Investors Service

If Iran were to follow through on its repeated threats to block maritime passage through the Strait of Hormuz, the foreign exchange and fiscal revenues of four Middle Eastern sovereigns would weaken because the Strait is a key channel for their oil and gas exports. Nearly a third of the global maritime oil trade is transported through the Strait of Hormuz every day.

15 May 2019|Moody's Investors Service

South Africa’s favourable government debt structure, its large pool of domestic investors and diversified economy insulate its credit profile from shocks. These strengths also offer the new government, once formed, some time to develop policies focused on continuing to address the country's main credit challenges of low growth, steadily rising debt, leveraged state-owned enterprises and weak institutions.

16 May 2019|Moody's Investors Service

Ultralow interest rates in Japan and intense competition continue to weigh on Japanese banks’ profitability and threaten their traditional business model. Persistent pressure on profitability is driving banks in the country to pursue higher-yielding loans, but this is raising asset risks.

16 May 2019|Moody's Investors Service

China's increase in retaliatory tariffs on $60 billion of imports from the US is credit negative for several vulnerable US industries. It is also negative for some US states dependent on agriculture and for US ports, particularly those on the West Coast.

16 May 2019|Moody's Investors Service

The discontinuation of Interbank Offered Rates (IBORs) in 2021 exposes large banks, insurance companies and asset managers to an array of financial, operational, legal, regulatory and technological risks. Our survey of 75 financial institutions globally shows that most expect material risk from transitioning to new benchmarks. Banks expect the transition to be a greater challenge than non-banks but also appear to be better prepared.

15 May 2019|Moody's Investors Service

The central government's oversight efforts have begun to show some positive results for regional and local governments (RLGs). However, RLGs will continue to have incentives to assume additional debt.

Moody's Credit Outlook

Delay in US auto tariffs provides a respite for the global economy, but risks persist

UK Labour Party’s nationalisation proposals raise credit risk for utility holding companies

Co-operative Bank's receipt of Capability and Innovation Fund award is credit positive

Source: Moody's Investors Service
Weekly Market Outlook

Earnings Slump Would Unmask Dangers of High Leverage

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

U.S. Changes Remain Subpar

Source: Moody's Analytics
RATINGS NEWS
Source: Moody's Investors Service
EVENTS
Emerging Markets Webinar
21 May 2019
  |   Moody's Investors Service
Moody’s Briefing – Korea’s Sovereign and Financial Sector
21 May 2019
  |   Moody's Investors Service
Japan Banking System Outlook Update
21 May 2019
  |   Moody's Investors Service