2014年7月28日星期一

Emerging countries sovereign credit rating thrive

Asia credit system must be a model of credit system. In the aspect of risk assessment, through local Asian credit rating agencies, enhance the independence of the Asia; In "double rating" new ideas,DIN1629 SCH80 Seamless Steel Pipe fully considering the specific situation of the local environment as well as the global standard; In addition, in terms of credibility to improve, reduce the risk of conflict of interest, make credit rating once again return to the center of the credit system.

On July 1, dagong global credit rating co., LTD. (hereinafter referred to as "dagong") issued respectively in venezuela's sovereign credit rating,ASME B16.9 BW CS equal/reducing tee will venezuela and foreign currency sovereign credit rating to BB - from BB + and outlook to "negative". The same day, grand duke said in a report, maintain Qatar, Nigeria, Ecuador's sovereignty. At this point, archduke issued by national sovereign credit rating report has amounted to 105.

Since the 2008 financial crisis, moody's, s&p and fitch, the impartiality of the three big credit-rating agencies by global challenge,HG20593-97 PN1.0MPa Raised Face Plate Flange Specifications the eu and China are said to build their own credit rating system, to break the American monopoly rating. Held recently in Beijing diaoyutai "Asia credit system construction peak BBS" on, the guests said that will work to build a principle, the monopoly, and speak fair Asian credit system, through the establishment of "double rating" system for credit to promote the healthy development of the Asian economy.

2014年7月1日星期二

Exchange rate is too high interest rate stability this year

Yesterday, Australia the fed (hereinafter referred to as the "macau fed") announced the latest monetary policy meeting minutes, according to the current exchange rate is still too high, a recent rally against economic growth. In close to the end of the discussion about financial markets, the committee suggested that the Australian interest rate for the rest of this year or remain the same.
After April 1,class 150 lb forging slip on flange nominal pipe size Australia the fed's monetary policy meeting, the meeting decided to keep interest rates at 2.5%, it was the seventh straight keep interest rates at historically low levels.

"Given the current economic outlook, to keep interest rates unchanged over a period of time is still cautious stance. Even if the trend began, the cash rate at current levels is still cautious." Australia said the fed members analysis.
Meeting minutes thinks,material astm a106 round steel pipe although further commodities over the past month, but the Australian dollar exchange rate begins to rise. Although the Australian already from their highs in the past 1 years, helped the balanced economic development, but the Australian dollar exchange rate trend over the past few months the Australia the fed did not meet the expectations.

, JPMorgan chase (JPMorgan) Australia chief economist Stephen walters (StephenWalters), according to the analysis, in fact, Australia the fed meeting minutes did not disclose a lot of new information, the response of stock market and bond market is relatively flat. Even in the currency market as well. Australia mentioned that the Australian dollar is still too high, commodity prices are still falling,carbon steel threaded connections tee and they also just before a continuation of the speech.
Waters, however, pointed out that the fed in Australia to the Australian strong condemn not, there are two ways to explain this phenomenon. 1. Macao fed officials may still comfortable above aud/usd is 0.94, but from its last December on the Australian dollar "high anxious" this description, this odd; 2. The second kind of view may be more persuasive. Australia the fed officials believe the effect of the verbal intervention is very short, even under the current conditions may not be used. Australia the fed might want to fundamentals can give direction to Australian dollar, or is waiting for a better time for verbal intervention.