January Credit Consensus Indicators (CCIs) – UK, EU and US Industrials
Credit Benchmark have released the January Industrials Credit Consensus Indicators (CCIs). EU Industrial firms continue their run of positive credit movement, with a 16th month of improvement. UK Industrial firms continue to register a negative CCI this month. US Industrial firms remain slightly positive with a fifth consecutive instance of a positive CCI score.
December Credit Consensus Indicators (CCIs) – Global, UK & US Oil & Gas
Credit Benchmark have released the December 2022 Credit Consensus Indicators (CCIs). US Oil & Gas firms have put a recent negative blip behind them with another month of positive credit quality, while Global and UK firms also continue to enjoy net credit improvement.
Shopping Around the Christmas Tree: US Consumer Services and Goods
Both US Consumer Services and Goods are currently hovering around neutral CCI scores. But the Black Friday stats so far suggest a good December, at least for consumer goods; if that momentum can be maintained we could see more positive CCIs across the Consumer sector.
December Credit Consensus Indicators (CCIs) – UK, EU and US Industrials
Credit Benchmark have released the December Industrials Credit Consensus Indicators (CCIs). EU Industrial firms continue their run of positive credit movement, with a 15th month of improvement. UK Industrial firms are struggling to remain in positive territory, with a return to net deterioration this month. US Industrial firms hang on to mild positivity with a fourth consecutive instance of a positive CCI score.
World Cup 2022: The Credit Effect
With more teams playing than ever before (and a further expansion planned for 2026) the World Cup might provide some real surprises. But for a quadrennial contest that has been around for over 90 years, the list of winners is a bit repetitive. This insight compares average Sovereign Credit Consensus Rating for each of the defined Winners, Determined and Unqualified groups.
UK LDI Crisis: Pension Funds Cannot Rely on Sponsors
Pension funds are traditionally well capitalised and usually considered investment grade. Many of the companies that sponsor those funds are weaker credits, and a significant number are non-investment grade. This means that some of the largest DB pension funds in the UK cannot rely on their sponsors for cash support to meet margin calls.
November Credit Consensus Indicators (CCIs) – UK, EU and US Industrials
EU Industrial firms continue their run of positive credit movement, with a 14th month of improvement. UK Industrial firms have also remained in the green, though showing weaker scores than their EU counterparts. US Industrial firms struggle to maintain a foothold on credit improvement, showing neutrality this month.
November 2022 Financial Counterpart Monitor
The Financial Counterpart Monitor from Credit Benchmark provides a unique analysis of the changing creditworthiness of financial institutions.
November 2022 Industry Monitor
Credit Benchmark have released the latest end-month industry update, based on the final and complete set of the contributed credit risk estimates from 40+ global financial institutions.
COP27: Failure is Not an Option
COP27 needs to answer one question: is a declining standard of living the price of a sustainable future? Countries with weaker credit ratings will typically see more impact of climate change – with some exceptions. This report compares Sovereign credit against climate impact risk.
