16 Nov 2021|Moody's Investors Service
Our modelling shows that most banks will recover their pre-pandemic solvency levels by the end of 2022 due to better economic performance and support measures.
04 Nov 2021|Moody's Investors Service
Weaker-than-expected growth momentum and rising inflation have dented some of the optimism surrounding the global economic recovery. But uncertainties with regard to the COVID-19 pandemic, supply chain imbalances and labor shortages should diminish in 2022, ushering in a stable growth phase through 2023.
25 Oct 2021|Moody's Investors Service
High-frequency alternative data for October show early signs of accelerated economic activity and trade flow in G-20 countries following two months of slowing momentum. Financial conditions have tightened slightly in the US, the euro area and the UK, while they have improved across most G-20 emerging market countries.
China’s common prosperity agenda creates transition risks, with longer-term benefits if well implemented
20 Oct 2021|Moody's Investors Service
China’s plan to achieve economic sustainability by addressing income inequality and social risks will have far-reaching effects for many types of debt issuers. A lack of predictability and clear communication around policy implementation are the key near-term risks, while potential long-term benefits include improved productivity and social stability.
19 Oct 2021|Moody's Investors Service
The pace of sovereign rating actions has slowed significantly in 2021 and actions year-to-date have been more benign. This reflects, in part, the lifting of temporary lockdowns and resumption of economic activity in many countries.
11 Oct 2021|Moody's Investors Service
Only three Moody’s-rated corporate issuers defaulted in September. The speculative-grade global corporate default rate fell to 2.6% for the trailing 12 months and will likely stabilize at 1.5%-1.7% in the first half of 2022, underpinned by our expectation that the economic recovery will continue and funding conditions will remain accommodative.
07 Oct 2021|Moody's Investors Service
Consumer spending in Europe's largest economies remains solid. Households have started to tap into their savings as restrictions ease.
06 Oct 2021|Moody's Investors Service
Peter Nerby, Olivier Panis and Shunsaku Sato explain how global systemically important banks are faring as the pandemic starts to recede. Dean Ungar discusses the implications for US health insurers should the Medicare hospital insurance trust fund run out of money. And David Yin tells us how a recent cryptocurrency ban in China is positive for financial institutions.