FCA: Concentrated wholesale data markets may mean higher rates
Top three credit rating agencies accounting for 99% of revenue
Credit Ratings
-
-
Investor reaction: US credit downgrade ‘purely political’
Fitch lowered US credit rating to AA+ from AAA following repeated debt ceiling crises
-
SJP remains mum on debt plans as Fitch initiates credit rating
Covid-19 or a weakening market position are the biggest risks to downgrade for the new rating
-
BlackRock’s Koesterich predicts persistent dollar strength
Russ Koesterich, global chief investment strategist at BlackRock, has said the continued rise in US long and short-term rates is likely to push the dollar higher, exerting pressure on precious metals prices and supporting the case for hedging currency exposure in international stocks.
-
Credit rating agencies under fire from new EU Authority
ESMA intends to reduce over reliance on credit ratings agencies with asset management.
-
Sovereign debt needs greater transparency
Sovereign debt should have as much transparency as listed companies, according to the ESMA.
