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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.
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Free AccessMoody's US Liquidity-Stress Indicator is....>
RATINGS: Moody's US Liquidity-Stress Indicator is "just above all-time low in
Sept" as it "fell sharply last month and now sits just above its all-time low of
2.8%" of April 2013. Moody's SGL Monitor Flash said "LSI dropped to 3.0% in
September from 3.4% in August, with liquidity conditions remaining fundamentally
supportive for speculative-grade companies."
- Moody's LSI falls when corporate liquidity appears to improve, rises when it
appears weak.
- LSI's drop "reflects speculative-grade borrowers' good cash flow performance"
& "favorable financing conditions, including for companies in the rebounding
commodity sectors," said Sr VP John Puchalla. "Upgrades of Moody's
speculative-grade liquidity rtgs outnumbered downgrades by 11 to 2 in Sep.
Liquidity gains in commodity-related sectors this yr continued in Sep with SGL
rtg upgrade of 5 energy, mining and chemical cos."
- "LSI has now fallen almost every month" since 103.% Mar 2016 recent peak w/
"decrease signaling a low speculative-grade default rate ahead. Moody's projects
1yr US spec-grade default rate will fall to 2.7% in Aug.2018" vs. 3.3% today.
To read the full story
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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.