Tag Archives : moody

Moody’s changes outlook on Belgium’s Aa3 government bond to stable from negative

March 7 (Reuters) – Moody’s changed its outlook on Belgium’s Aa3-rated government bond to stable from negative, citing stabilization of the country’s banking sector leading to receding risks on the…

Moody’s boosts outlook for Netherlands, Belgium – raised both to stable from negative

Moody`s raised its credit outlook for the Netherlands and Belgium on late Friday: Elevated both to stable from negative The Netherlands kept its top-level Aaa rating -  Moody’s said the Netherlands outlook improved because it was less likely to be called on to help fund rescues of weaker eurozone countries, that there were signs that the country`s own domestic problems, such as weak growth and high household debt, have peaked “and are likely to evolve in a positive direction”, and also that the fiscal situation has stabilized.

BoE’s Carney Highlights UK Strength

Bank of England officials have been talking up the strength of the UK recovery as the latest round of business surveys show rising confidence and the FTSE 100 closes in on a record high. Ahead of the publication of official data this week that is expected to confirm robust growth, Bank governor Mark Carney highlighted Britain’s lead over other major economies after he attended the G20 summit in Sydney.

European shares extend rally, buoyed by Spain

* FTSEurofirst 300, Euro STOXX 50 rise * Spain gets boost from Moody’s * German business morale rises in February, Ifo says * Volkswagen, HSBC cap gains By Joshua Franklin LONDON, Feb 24 (Reuters) – Demand for Spanish equities helped European shares to extend their rally on Monday to six-year highs, but worse-than-expected results from HSBC and a disappointing outlook from Volkswagen capped the gains.

Moody’s upgrades Spain Government bond rating to Baa2 (from Baa3), assigns positive outlook

Moody’s upgrades Spain Government bond rating to Baa2 (from Baa3), assigns positive outlook Cites rebalancing of the Spanish economy towards a more sustainable growth model Cites improvement in government’s funding conditions since the height of the Euro area sovereign debt crisis in mid-2012 Says Spain;s short-term foreign currency debt and deposit ceiling are prime (upgraded Spain’s short-term rating to (P) Prime-2 from (P) Prime-3) Says local and foreign currency bond and deposit ceilings have been raised to A1 from A3 Moody’s upgrades Spain’s government bond rating to Baa2; assigns positive outlook

Irish Debt Upgraded to Investment Grade

The credit rating agency Moody’s has upgraded Ireland’s debt from junk status to investment grade, saying its economy has growth potential. The news is the latest in a run of positive reports for Ireland and comes as investors start to welcome the chance to invest in the country through its government-issued bonds

Moody’s lowers Brazil outlook as country stuck in low growth

SAO PAULO, Oct 3 (Reuters) – Moody’s Investors Service on Wednesday lowered its outlook on Brazil’s sovereign debt rating to “stable” from “positive,” as Latin America’s largest economy struggles with the impact of three years of low growth, flagging investment and swelling debt.