Back

Fitch: China slowdown would hit banks in Asian developed markets most

The US-based Fitch Ratings published its latest report on the impact of the Chinese economic slowdown on the banks in the Asian developed markets, including Hong Kong.

Key Findings:

China slowdown would hit banks in Asian developed markets most.

Outside of mainland China, Hong Kong banks have the most direct exposure to a Chinese slowdown.

Cuts assessment of the operating environment for Hong Kong’s banks to 'A'/Stable from 'A+'/Negative in 2018.

AUD/JPY adds 30 pips despite the drop in Asian equities

AUD/JPY is reporting gains at press time, despite the losses in the Asian equities. As of writing, the currency pair is trading at 72.22, representing
Baca lagi Previous

EUR/USD: Focus on Italian yields and Fed minutes

EUR/USD rose 0.19% on Tuesday, ending the five-day losing streak. Tuesday's gains, however, could be erased if the Italian yields rise due to politica
Baca lagi Next