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26.05.2017
10:38 PM


U.s. Ism Manufacturing Index Likely to have rebounded in May, says Wells Fargo

U.S. manufacturing sentiment, gauged by the ISM manufacturing index is expected to have bounced back in May after dropping slightly in April. The index had dropped to 54.8 in April from March’s print of 57.2. The production subcomponent continued to indicator improvement, but the new orders component weakened for the month. The closely watched employment component also softened in the month. According to a Wells Fargo research report, the ISM manufacturing index is expected to have risen in May to 55.2. The industrial sector is expected to continue improving gradually in 2017 as global growth starts to strengthen and domestic business investment slowly starts to rebound again. Industrial production is expected to accelerate to about 3 percent in the June quarter, making up for the loss recorded in the first quarter before averaging 2.4 percent in both the third and fourth quarters of 2017, added Wells Fargo. At 21:00 GMT the FxWirePro's Hourly Strength Index of US Dollar was slightly bullish at 59.5076. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex


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26.05.2017
10:38 PM


U.s. Ism Manufacturing Index Likely to have rebounded in May, says Wells Fargo

U.S. manufacturing sentiment, gauged by the ISM manufacturing index is expected to have bounced back in May after dropping slightly in April. The index had dropped to 54.8 in April from March’s print of 57.2. The production subcomponent continued to indicator improvement, but the new orders component weakened for the month. The closely watched employment component also softened in the month. According to a Wells Fargo research report, the ISM manufacturing index is expected to have risen in May to 55.2. The industrial sector is expected to continue improving gradually in 2017 as global growth starts to strengthen and domestic business investment slowly starts to rebound again. Industrial production is expected to accelerate to about 3 percent in the June quarter, making up for the loss recorded in the first quarter before averaging 2.4 percent in both the third and fourth quarters of 2017, added Wells Fargo. At 21:00 GMT the FxWirePro's Hourly Strength Index of US Dollar was slightly bullish at 59.5076. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex


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26.05.2017
10:16 PM


Moody's says Decision to Change Brazil's Outlook to Negative Was Driven by rise in Uncertainty Regarding Reform Momentum

MOODY'S SAYS DECISION TO CHANGE BRAZIL'S OUTLOOK TO NEGATIVE WAS DRIVEN BY RISE IN UNCERTAINTY REGARDING REFORM MOMENTUM AFTER RECENT POLITICAL EVENTS‍​
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26.05.2017
10:16 PM


Moody's - Political Crisis That erupted in Brazil Seems Likely to Undermine Government's Reform Agenda and Stall Passage

MOODY'S - POLITICAL CRISIS THAT ERUPTED IN BRAZIL SEEMS LIKELY TO UNDERMINE GOVERNMENT'S REFORM AGENDA AND STALL PASSAGE OF FUTURE REFORMS
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26.05.2017
10:16 PM


Moody's says Govt's Ability to Continue to Develop, Implement Reforms needed to Address Brazil's "economic and Fiscal Malaise"

MOODY'S SAYS GOVT'S ABILITY TO CONTINUE TO DEVELOP, IMPLEMENT REFORMS NEEDED TO ADDRESS BRAZIL'S "ECONOMIC AND FISCAL MALAISE" TO LIKELY BE UNDERMINED
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26.05.2017
10:16 PM


‍moody's says Decision to Change Brazil's Outlook to Negative Also Driven by Rising Threat to Economic Recovery and to

‍MOODY'S SAYS DECISION TO CHANGE BRAZIL'S OUTLOOK TO NEGATIVE ALSO DRIVEN BY RISING THREAT TO ECONOMIC RECOVERY AND TO BRAZIL'S MEDIUM-TERM ECONOMIC STRENGTH
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26.05.2017
10:16 PM


Brazil Central Bank to Auction on Monday As Many As 8 K Traditional Currency Swaps

BRAZIL CENTRAL BANK TO AUCTION ON MONDAY AS MANY AS 8 K TRADITIONAL CURRENCY SWAPS
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26.05.2017
10:16 PM


Brazil’s Central Bank says Auction to Roll Over Existing Contracts

BRAZIL’S CENTRAL BANK SAYS AUCTION TO ROLL OVER EXISTING CONTRACTS
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26.05.2017
10:15 PM


Moody's on Uae - As a Result of Spending Measures and Recovery in Oil Prices, Expects consolidated Government Deficit to

MOODY'S ON UAE - AS A RESULT OF SPENDING MEASURES AND RECOVERY IN OIL PRICES, EXPECTS CONSOLIDATED GOVERNMENT DEFICIT TO COME DOWN IN 2017
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26.05.2017
10:15 PM


Moody's - Key Drivers of Outlook Change on Uae Include expected Improvement in Fiscal, Current Account Positions

MOODY'S - KEY DRIVERS OF OUTLOOK CHANGE ON UAE INCLUDE EXPECTED IMPROVEMENT IN FISCAL, CURRENT ACCOUNT POSITIONS
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26.05.2017
10:15 PM


Moody's Affirms Bulgaria's Baa2 Issuer Ratings; Outlook Stable

MOODY'S AFFIRMS BULGARIA'S BAA2 ISSUER RATINGS; OUTLOOK STABLE
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26.05.2017
10:15 PM


Moody's, on Uae, Says‍​ While Sentiment Has improved With Firmer Oil Prices, Oil Output Will Drag down 2017 Growth

MOODY'S, ON UAE, SAYS‍​ WHILE SENTIMENT HAS IMPROVED WITH FIRMER OIL PRICES, OIL OUTPUT WILL DRAG DOWN 2017 GROWTH
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26.05.2017
10:15 PM


‍moody's Changes Outlook on Brazil's Ba2 Issuer Rating to Negative from Stable​

‍MOODY'S CHANGES OUTLOOK ON BRAZIL'S BA2 ISSUER RATING TO NEGATIVE FROM STABLE​
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26.05.2017
10:14 PM


Moody's, on Kuwait, says Outlook Reflects View There are Signs of Govt's Institutional Capacity to Effectively Implement

MOODY'S, ON KUWAIT, SAYS OUTLOOK REFLECTS VIEW THERE ARE SIGNS OF GOVT'S INSTITUTIONAL CAPACITY TO EFFECTIVELY IMPLEMENT ITS FISCAL AND ECONOMIC REFORM PROGRAM
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26.05.2017
10:14 PM


Moody's, on Kuwait, says Expects Kuwait's Government Debt to rise to About 34% of Gdp by 2020

MOODY'S, ON KUWAIT, SAYS EXPECTS KUWAIT'S GOVERNMENT DEBT TO RISE TO ABOUT 34% OF GDP BY 2020
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26.05.2017
10:14 PM


Moody's Changes Rating Outlook on Uae to Stable from Negative; Affirms Aa2 Issuer Rating

MOODY'S CHANGES RATING OUTLOOK ON UAE TO STABLE FROM NEGATIVE; AFFIRMS AA2 ISSUER RATING
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26.05.2017
10:14 PM


Moody's on Kuwait says External Debt Levels Will Remain Broadly Stable at Around 40 Pct of Gdp

MOODY'S ON KUWAIT SAYS EXTERNAL DEBT LEVELS WILL REMAIN BROADLY STABLE AT AROUND 40 PCT OF GDP
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26.05.2017
10:14 PM


Moody's says Key Drivers of Outlook Change on Uae Include Effective Policy Response to Low Oil Price Environment Via Acceleration

MOODY'S SAYS KEY DRIVERS OF OUTLOOK CHANGE ON UAE INCLUDE EFFECTIVE POLICY RESPONSE TO LOW OIL PRICE ENVIRONMENT VIA ACCELERATION IN REFORM AGENDA
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26.05.2017
10:14 PM


Moody's, on Kuwait, says Expects the Country's Nominal Gdp to Reach Its Pre-Oil Price Shock Level by 2021

MOODY'S, ON KUWAIT, SAYS EXPECTS THE COUNTRY'S NOMINAL GDP TO REACH ITS PRE-OIL PRICE SHOCK LEVEL BY 2021
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26.05.2017
10:13 PM


Moody's says Kuwait's Long-Term and Short-Term Foreign-Currency Bond and Deposit Ceilings Remain unchanged at Aa2 and Prime-1,

MOODY'S SAYS KUWAIT'S LONG-TERM AND SHORT-TERM FOREIGN-CURRENCY BOND AND DEPOSIT CEILINGS REMAIN UNCHANGED AT AA2 AND PRIME-1, RESPECTIVELY
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26.05.2017
10:13 PM


Moody's says Kuwait's Long-Term Local-Currency Country Risk Ceiling Also Remains unchanged at Aa2

MOODY'S SAYS KUWAIT'S LONG-TERM LOCAL-CURRENCY COUNTRY RISK CEILING ALSO REMAINS UNCHANGED AT AA2
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26.05.2017
10:12 PM


Moody's on Qatar-Key Drivers for Downgrade are Weakening of Qatar's External Position, Uncertainty Over Sustainability of

MOODY'S ON QATAR-KEY DRIVERS FOR DOWNGRADE ARE WEAKENING OF QATAR'S EXTERNAL POSITION, UNCERTAINTY OVER SUSTAINABILITY OF GROWTH MODEL BEYOND NEXT FEW YEARS
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26.05.2017
10:12 PM


Moody's on Qatar - Has Also lowered Qatar's Long-Term Foreign-Currency Bond and Deposit Ceilings to Aa3 from Aa2

MOODY'S ON QATAR - HAS ALSO LOWERED QATAR'S LONG-TERM FOREIGN-CURRENCY BOND AND DEPOSIT CEILINGS TO AA3 FROM AA2
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26.05.2017
10:12 PM


Moody's on Qatar - Expects Current Account Balance to Move from a Deficit of 5.5% of Gdp in 2016 Close to Balance in 2017

MOODY'S ON QATAR - EXPECTS CURRENT ACCOUNT BALANCE TO MOVE FROM A DEFICIT OF 5.5% OF GDP IN 2016 CLOSE TO BALANCE IN 2017
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26.05.2017
10:12 PM


Moody's on Qatar-As Result of Much Larger External Debt Load, External Vulnerabilities for Qatar Somewhat Larger Than for

MOODY'S ON QATAR-AS RESULT OF MUCH LARGER EXTERNAL DEBT LOAD, EXTERNAL VULNERABILITIES FOR QATAR SOMEWHAT LARGER THAN FOR HIGHLY-RATED PEERS IN GCC
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