ratings agencies

Our sovereign ratings model puts France as a borderline AA+/Aa1/AA+ credit, so there is certainly a risk that France is downgraded from its current AAA/Aaa/AAA ratings in the coming quarters. However, because the slippage is borderline, we…

In the CNBC Asia video below, Tan Kim Eng, director of sovereign ratings at Standard & Poor's Ratings, says China won't be coming to international markets to sell its sovereign debt anytime soon because it can fulfil its needs…

Here's a run down of the recent woes in Vietnam.  As you may recall, they are one of the few Asian emerging markets to be downgraded by the ratings agencies from Ba3 to B1 by Moody's - both junk ratings. Most of the other ratings in…

While the Moody’s downgrade of Ireland isn’t any surprise, coming on the heels of S&P’s move last week from A+ to BBB+, the sheer magnitude of five notches warrants a mention.  We haven’t seen anything like this since the Asian…

Today Moody's cut the credit rating for the Republic of Ireland a full five notches down to Baa1 from Aa2. In addition, the ratings agency placed a negative outlook on its rating for Ireland , a sign that further downgrades could follow.…

The dollar made ground against most major currencies through the Asian session. Moody’s put Spain’s Aa1 debt rating on review for a potential downgrade, citing concerns with government funding and finances and the overall debt level. The…

by Win Thin Here are some more thoughts on S&P moving its outlook on Belgium’s AA+ rating to negative from stable. S&P noted that it may cut the rating by one notch within the next six months if the major political parties do not…

Here our thoughts regarding the rumored downgrade of Italy. While we remain negative on the ratings for peripheral euro zone, we don't think a downgrade of Italy is a sure thing. Its numbers have always been bad, and have in fact stayed…

by Win Thin Ratings news from EM stands in stark contrast to what we’re seeing in the developed world. Yesterday, Uruguay was upgraded two notches. Today, S&P moved the outlook on Thailand’s BBB+ rating to stable from negative, noting…

by Win Thin Here are some more thoughts regarding the Fitch downgrade of Ireland by three notches to BBB+. The agency cited the mounting costs of the banking system rescue as a major factor behind the move, and is consistent with what we…