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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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MNI EUROPEAN MARKETS ANALYSIS: US Yields Tick Up, JGBs Steady
Moody's Raises Outlook on 17 Turkish Banks to Positive
- Moody's has today affirmed the Baseline Credit Assessments and long-term local-currency deposit and long-term issuer ratings - where applicable - of all 17 banks that it rates in Turkey, and has changed the outlook on these ratings to positive from stable, the ratings agency stated in a report.
- The rating action follows Moody's recent decision to change the outlook on Government of Turkey’s issuer rating to positive from stable and affirm the rating of the sovereign at B3.
- At the same time, Moody's raised Turkey’s foreign-currency country ceiling to B2 from B3 and the local-currency country ceiling to Ba3 from B1.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.