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.
Posts Tagged ‘moody’
* 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.
The post Moody’s: German Bundesbank seen more agreeable with ECB council on monetary policy appeared first on MarketPulse .
Bombardier Inc. blamed a sluggish economy for a decline in new aircraft orders last year as the company struggled to sell both its regional and business jets in 2013.
Moody’s has cut the credit ratings of big U.S.
Moody’s has revised its outlook on Brazil to stable (from positive) Says Brzilian economy is going through an extended low-growth period
The forex trading headlines for Asia trading today: Thursday 3 October, 2013 Bank of England’s Paul Fisher comments to UK newspaper Wheeler warns of big rate hikes in New Zealand saw NZD higher Auckland real estate agent says September house sales fall 7.9% from August Moody’s on Italy: Political instability is a credit negative Australia: AIG Services PMI for September: 47.1, highest since March this year Japan Buying Foreign Bonds Y 672.1bn (previous week was Y 174.8bn) – positive flow for the 3rd consecutive week Japan Buying Foreign Stocks Y -49.2bn (previous week was Y -164.1bn) Foreign Buying Japan Bonds Y -146.9bn (previous week was Y -725.7bn) Foreign Buying Japan Stocks Y 341.4bn (previous week was Y 181.3bn) China services PMI for September: 55.4 (vs. prior of 53.9) HSBC raised China GDP growth forecast to 7.7% from 7.4% Moody’s lowered its outlook on Brazil to stable (from positive) The American afternoon saw NZD charge higher on comments from RBNZ Governor Graeme Wheeler (see bullet, above), an NZD move that continued into the early Asian session, with NZD finally topping out above 0.8330 and coming back to settle above 0.8300.
TORONTO — Quebec and Newfoundland and Labrador face the biggest pension risk among Canadian provinces due to large shortfalls in their pension funds, ratings agency Moody’s says. Moody’s said Thursday that Saskatchewan also has a large pension deficit, but noted it has closed its defined-benefit plans and takes a pay-as-you-go approach to funding them.
MILAN, Sept 6 (Reuters) – A group of Italian businessmen is willing to invest in Banca Marche, one of them said on Friday, a day after Moody’s downgraded the struggling mid-sized lender saying it would “almost certainly” need external support.