by bondevalue | Jul 24, 2020 | Credit Ratings, Insights, Sovereigns
The three major credit rating agencies, S&P, Fitch, and Moody’s came under fire on July 18, 2020 at the G20 meeting of finance ministers. The only woman finance minister, Nirmala Sitharaman in the group picked up the cudgel against the rating agencies by...
by bondevalue | Jul 6, 2020 | Credit Ratings, Distressed / Defaulted Bonds, Sovereigns
Markets are opening higher this morning despite a lack of any major news. The US was on holiday on Friday for Independence Day and US index futures are recovering Friday’s losses this morning and then some. July 3rd saw the record for daily cases globally but...
by bondevalue | Mar 30, 2020 | Credit Ratings
At the time of this writing, Asian equity markets were lower with Topix down 4%, Nikkei down 3.65%, Kospi down 2.35%, Hang Seng down 1.6% and Shanghai composite down 1.37%. US markets were down 1%-2% on Friday and US futures are opening down around 1% this morning. US...
by bondevalue | Sep 17, 2019 | Asian Dollar Bonds
Hong Kong’s rating outlook has been downgraded by Moody’s to “negative” from “stable” as a result of the weakening of the Special Administrative Region’s (SAR’s) institutions amid ongoing protests in the city. The international credit agency has affirmed Hong Kong’s...
