Market turned towards China, yuan no reaction to Fitch's decision
The day when financial markets are anxiously awaiting the CPI inflation reading from the US began with 'flashes' directed towards China. The rating agency Fitch Ratings today lowered the outlook for the Chinese economy [...]
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November 13 2023
Consequences of cutting the US rating and expectations for the inflation reading
The rating agency Moody's lowered the United States credit rating outlook from "stable" to "negative", while confirming the highest possible investment grade rating of Aaa. This decision, announced on November 10, [...]
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7 Września 2023
China's Dagong Ratings Agency - Former scams are hiccuping
With the development of the capital market in China, there was a need for professional credit rating agencies. It was in this environment that the Dagong Global Credit Rating Agency was established, which began operating in 1994. It happened [...]
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August 23 2023
S&P Global downgrades US bank ratings
S&P Global downgraded its credit ratings and outlook for a number of U.S. regional banks on Monday, saying higher funding costs and problems in the commercial real estate (CRE) sector [...]