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Wall Street’s First Analyst to Cover Bitcoin Strikes Cautious Tone
Wall Street's first analyst to cover bitcoin, DataTrek Research, has recommended investors to avoid the cryptocurrency.Nick Colas, the co-founder of the firm, cited the dismal fundamentals surrounding what he dubbed the “FANG stock of the cryptocurrency world”...
2018-05-06 23:20:00 UTC+00
17380
Investments,
Ratings,
Cryptocurrency,
Bitcoin
S&P Trims China’s Credit Rating Over Growing Debt Fears
S&P Global Ratings trimmed China's sovereign credit rating for the first time since 1999, citing risks from growing debt, and also changed its outlook to stable from negative...
2017-09-22 08:05:00 UTC+00
21535
Ratings
Fitch Affirms China’s Credit Rating
Fitch Ratings retained its A+ rating on China along with a stable outlook. The ratings agency noted the strength of the country's external finances and macroeconomic performance for the rating decision...
2017-07-14 04:31:00 UTC+00
22990
World Economy,
Ratings
European Markets Climb as Retailers Soar
European stocks advanced for the second time in three days as a rally in financial service firms and retailers counterbalanced drops in oil and gas companies...
2017-07-06 00:41:00 UTC+00
20995
Eurozone,
Stocks, bonds,
Ratings,
Equity markets
Japan Business Confidence Touches Three-Year Peak
Japanese manufacturers' sentiment reading climbed for a third consecutive quarter last month, touching its highest in over three years.The recent BOJ Tankan survey showed the headline confidence reading among major manufacturers escalated to 17 in June, previously 12...
2017-07-03 04:24:00 UTC+00
32980
Business,
Finance,
Ratings,
Asia
Australian Bank shares Sink after Moody’s Downgrade
Shares of Australia's “Big Four” lenders traded weaker after Moody's Investors Services lowered its credit rating and a few other domestic banks, citing the heightened risks posed by the household sector...
2017-06-20 05:55:00 UTC+00
35155
World Economy,
Industry,
Ratings
Banco Popular Suffers New Hit After Moody’s Downgrade
Troubled lender Banco Popular takes a new hit after Moody's announced that it will downgrade its unsecured debt rating and deposit rating, citing “recent market developments"...
2017-06-07 02:15:00 UTC+00
49660
Industry,
Business,
Ratings
Eurozone Investor Confidence Hits Highest since 2007
The eurozone's gauge of investor confidence touched its highest since 2007 as it rose for the sixth straight month.Based on the Sentix poll seen Tuesday, the bloc's investor morale climbed to 28...
2017-06-06 10:27:00 UTC+00
44455
Industry,
Eurozone,
Ratings
S&P Chief Says Likely to Follow Scheduled Rating Review for China
Standard & Poor's may possibly follow its periodic ratings review for China, with the firm's senior director saying there is no point of reference for holding a meeting outside the schedule...
2017-05-29 07:45:00 UTC+00
38830
Ratings
S&P Upholds Australia’s Credit Rating But Retains Negative Outlook
Australia's highly-valued AAA rating was affirmed by S&P Global ratings, citing the country's low public debt and healthy economy. However, concerns regarding the country's ability to return to a budget surplus caused it to maintain a negative outlook on the nation's sovereign score...
2017-05-17 06:41:00 UTC+00
104215
Ratings
Moody’s Downgrades Canadian Lenders, Bank Bonds and Loonie Drop
Bank bonds and the Canadian dollar both fell after Moody's Investors Service cut the rating for the nation's banks for the first time in over years, indicating that surging consumer debt combined with runaway housing prices have left lenders susceptible to losses...
2017-05-12 07:27:00 UTC+00
123805
Forex,
Stocks, bonds,
Ratings
Australian Economy Could Lose AAA Rating, Refuses Further Stimulus
Australia's ruling parties are terrified of losing the country's AAA credit score that they refuse to accommodate further stimulus in order to boost growth and hiring...
2016-12-05 10:34:00 UTC+00
26065
Ratings
Surge in October Retail Sales Reinforce Bets of December Rate Hike
U.S. retail sales advanced in October, sustaining September's gain as households purchased cars and a wide variety of other goods. The upbeat economic data also presents a new evidence to the U...
2016-11-16 03:41:00 UTC+00
27820
Policy,
Consumer Markets,
Ratings
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