Low-rated emerging market sovereigns with large near-term international bond repayments and significant reliance on foreign currency, private-sector credit are particularly vulnerable to the impact of deteriorating economic conditions on capital markets, according
The severity of the credit impact of lower oil prices on oil- and gas-producing sovereigns will vary from country to country, driving divergence in their creditworthiness, Moody’s Investors Service said in a
By John Lonski, Chief Economist, Moody’s Capital Markets Research From the perspective of the U.S. equity market, COVID-19 is the worst natural disaster ever. After setting a record high on February 19,
The outlook for the global shipping industry has changed to ‘negative’ from ‘stable’ in the wake of the coronavirus outbreak, Moody’s Investors Service said in a new report. The change to a
Moody’s expects government financial support for affected businesses and households, in addition to ECB measures and Central Bank of Cyprus moves, to help limit the coronavirus-related impact on banks’ asset quality and
Moody’s Investors Service has revised its Global Macro Outlook and its baseline growth forecasts for all G20 economies. The coronavirus outbreak has spread rapidly outside China to a number of major economies.
Global insurers and reinsurers are exposed to the coronavirus outbreak directly through a potential spike in claims, and indirectly through the impact on economic growth and the resultant financial market volatility, according
With the coronavirus outbreak hitting automotive demand and disrupting supply chains, Moody’s is lowering its sales forecast for global car manufacturers, according to a new report published Wednesday. The rating agency’s outlook
The island’s two largest lenders, Bank of Cyprus and Hellenic Bank, actively pursuing sales of €4 bln of bad loans would improve their asset quality metrics, accelerating the derisking of their balance
The outlook for the global life insurance sector is stable, reflecting insurers’ solid regulatory capital and relatively conservative investment portfolios, and their efforts to adapt their products to a low interest rate