Tag: economics
-
Could Recent Developments in Aberdeen’s Q3 House View Trigger Rating Agency Reactions?
Aberdeen Investments’ latest Q3 House View presents a cautiously optimistic outlook amid mounting geopolitical and economic uncertainty. But while investors are adjusting their strategies, a key question arises: Could these developments be significant enough to provoke a reassessment by credit rating agencies? Trade Policy and “US Exceptionalism” Under Scrutiny One of the report’s central themes…
-
Chile’s Financial Market Deepens as Moody’s Acquires ICR Chile
Chile’s financial market has long been one of the more stable and transparent systems in Latin America, marked by strong institutions and a deepening domestic capital market. In a move that underscores both Chile’s rising significance and the international appetite for quality credit information, Moody’s Corporation announced it has fully acquired ICR Chile, one of…
-
Surprising U.S. Inflation Data for May Signals Limited Price Pressure
In a notable development for financial markets and monetary policy, U.S. consumer prices rose by just 0.1% in May, significantly below expectations. As a result, the annual inflation rate edged up only slightly, from 2.3% to 2.4%, while the core inflation rate—which excludes volatile food and energy prices—remained stable at 2.8%. These numbers highlight a…
-
Potential Consequences for Scope Ratings if Greensill Bank Allegations Are Confirmed
If the serious allegations surrounding the collapse of Greensill Bank are confirmed, significant consequences could loom for the Berlin-based credit rating agency Scope Ratings. As the agency to have provided Greensill Bank with a credit rating prior to its dramatic collapse in March 2021, Scope may face legal, reputational, and regulatory fallout. Legal Risks: Exposure…
-
Deutsche Bank’s 2024 Annual Report: Liquidity and Credit Ratings in Focus
The Deutsche Bank recently released its 2024 Annual Report, providing insights into its liquidity and capital management, as well as its credit ratings from major rating agencies. The report highlights the bank’s progress in strengthening its financial position, despite a dynamic economic and geopolitical environment. Liquidity and Capital Management The bank’s liquidity risk management is…
-
Regulatory Update: The Exercise of the Discretionary Right Under Article 495e CRR
The German Federal Financial Supervisory Authority (BaFin) has recently issued a draft circular (xx/2025 BA) concerning the exercise of the discretionary right under Article 495e of the Capital Requirements Regulation (CRR). This document provides guidelines for certain financial institutions on the continued use of External Credit Assessment Institution (ECAI) ratings that assume implicit government support…
-
Moldova Receives ‘B+’ Rating with Stable Outlook from Fitch Ratings
Fitch Ratings has assigned the Republic of Moldova a Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘B+’ with a Stable Outlook. This rating highlights the country’s steady commitment to maintaining macroeconomic and financial stability through prudent fiscal policies, a credible inflation-targeting framework, and a flexible exchange rate regime. These factors, combined with a resilient banking…
^^^ RATING EVIDENCE GmbH 