October Credit Consensus Indicators (CCIs) – UK, EU and US Industrials
UK Industrial firms are in a positive position for the fourth time this month, suggesting a trend of improvement is forming. EU Industrial firms have registered another positive CCI for this month, which is the thirteenth consecutive instance of a positive score. Consensus opinion on credit quality for US Industrial firms is still in positive territory, although their CCI score has significantly decreased from last month.
October Credit Consensus Indicators (CCIs) – UK, EU and US Oil & Gas
Credit Benchmark have released the October 2022 Credit Consensus Indicators (CCIs). This month US Oil & Gas firms return to positive credit quality. UK Oil & Gas firms maintain positive territory once again and EU Oil & Gas firms avoid net deterioration territory for a fourth month running.
September 2022 Financial Counterpart Monitor
The Financial Counterpart Monitor from Credit Benchmark provides a unique analysis of the changing creditworthiness of financial institutions.
US Basic Materials Credit Trends: Turning Point?
The Basic Materials Industry includes Chemicals, Metals, Mining, Forestry and Paper. Output prices for these sectors have been very volatile in the past 12 months, reflecting recent rapid structural changes in the global economy. However, US Basic Materials has shown a recent turning point.
Not So Healthy? US Health Care Credit Trends
As pandemic-related spending continues to fall, the US Health Care sector is beginning to show credit deterioration.
“Lehman Moment” for European Power Companies – Who Is at Risk?
European Governments are pledging hundreds of billions of Euros in financial aid to power generators and distributors, plus support for consumers facing massive energy price hikes. But an even larger crisis may be lurking in European energy trading, with the FT reporting sector margin requirements as high as €1trillion – vastly in excess of current sector liquidity.
September 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.
September Credit Consensus Indicators (CCIs) – UK, EU and US Oil & Gas
Credit Benchmark have released the September 2022 Credit Consensus Indicators (CCIs). This month US Oil & Gas firms end their streak of 17 consecutive months of positive credit quality. UK Oil & Gas firms return to positive territory once again and EU Oil & Gas CCI score sits neutral.
EU Capital Rules to Increase Buyside Trading Costs
New EU capital rules may lead to a fivefold increase in buyside trading costs, potentially rendering this activity unprofitable. With the risk looming of a less vibrant European capital market, it is necessary for the industry, policy makers and regulators to work collectively on appropriate solutions to ensure European savers are not financially penalised.
September Credit Consensus Indicators (CCIs) – UK, EU and US Industrials
Credit Benchmark have released the September 2022 Credit Consensus Indicators (CCIs). UK Industrial firms are in a positive position for the third time this month, suggesting a potential trend of improvement is forming. EU Industrial firms have registered another positive CCI for this month, which is the twelfth consecutive instance of a positive score. Last month US Industrial firms ended their streak of 17 consecutive months of positive credit quality. However, this month US Industrial firms return to positive territory once again.
