Fitch expects sharper increases in US interest rates in next several years

The US-based rating agency, Fitch ratings, is out with its latest report titled ‘1Q17 edition of Risk Radar Asia-Pacific (APAC),’ highlighting the following:

On China:

A rise in regional geopolitical tensions and trade protectionism risks counteract the lower near-term risks of a hard landing for China's economy

Despite signs that there is greater awareness of rising financial risks, reliance on credit expansion by Chinese policymakers to support the economy continues

Medium-term macroeconomic imbalances are expected to build this year

On the US:

Fitch expects sharper increases in US interest rates in the next several years than markets currently factor in

More:

Together with a potential rise in trade protectionism, APAC economies may face key external risks

Tensions on the Korean peninsula, if allowed to escalate further, may bring additional disruptions to regional stability

 

 

Brent oil jumps to 61.8% Fib as most OPEC members back deal extension

Brent oil strengthened to $52.81 (61.8% Fib Retracement of Apr high - May low) on optimism that most OPEC members back the output cuts deal extension.
Đọc thêm Previous

USD/JPY - Rejected at 1-hour 50-MA, extends losses

The Dollar-Yen pair is extending losses, now trading around the session low of 111.12 after repeatedly failing to take out the 1-hour 50-MA in the ove
Đọc thêm Next