Moody's Analytics Insights

Article
illuminated charts and graphs

Weekly Market Outlook: Market Implied Ratings Differ on the Likely Direction of Baa3 Ratings

Baa3-grade issuers constitute the bottom rung of the investment-grade ratings ladder. Once a Baa3 rating is subject to a “fallen angel” downgrade to speculative-grade, investors who are mandated to hold only investment-grade obligations must sell the now high-yield debt.

July 2019
John Lonski,  Yukyung ChoiKatrina Ell, Barbara Teixeira Araujo,  Ryan Sweet, Steven Shields

Webinar-on-Demand
Business and financial report

Moody's Analytics Webinar: CECL – Using a Reasonable and Supportable Forecast

The new CECL accounting standard requires institutions to incorporate forward-looking information in their estimate of expected lifetime losses.

July 2019

Whitepaper
City building looking up at sky

Final Basel III Reforms: How Can Banks Prepare for the ‘Basel IV' Changes?

This whitepaper highlights Moody's Analytics view on the latest industry and regulatory technology trends that banks could use to get ready for quantitative impact studies and the final implementation of the Basel Committee on Banking Supervision (BCBS) latest rules.

July 2019

Webinar-on-Demand
Business and financial report

Moody's Analytics Webinar: Effectively Preparing for the EBA's New Definition of Default

The EBA has set a new standard for the definition of default which will require banks to make significant adjustments to their measures, models and processes by 31 December 2020.

July 2019
Petr Zemcik

Article
illuminated charts and graphs

Potential Output and Monetary Neutrality in Chile

Based on an update of the economy's structural variables, the Central Bank of Chile relaxed monetary conditions in June. Using statistical methods, we arrived at the same conclusion in terms of Chile's potential output; however, the estimation of monetary neutrality changes significantly with the new methodology to compute inflation and with the change in expectations of the monetary policy rate. The high sensitivity of estimates of non observable variables––such as potential output and neutral interest rate––can lead to monetary decisions that may become inconsistent.

July 2019

Article
Climate Change

Economic Implications of Climate Change

We examine the physical risk and quantify the economic costs of climate change using the Moody's Analytics Global Macroeconomic Model.

June 2019

Article
illuminated charts and graphs

LatAm Central Bankers Bask in Fed Pause

Rate cut or not, the Federal Reserve's easing bias is a relief for the region.

June 2019

Article
illuminated charts and graphs

Weekly Market Outlook-Below-Trend Spreads Bank on Profits Growth, Lower Rates and Healthy Equities

Sequential declines by the Bureau of Economic Analysis' quarterly estimate of nonfinancial-corporate profits from current production, or core pretax profits, often reveal little about the current or future states of the business and credit cycles.

June 2019
John Lonski,  Yukyung ChoiKatrina Ell, Barbara Teixeira Araujo,  Ryan Sweet, Michael Ferlez

Article
Actuarial Models in IFRS 17 World

Risk Technology Awards 2019: Credit Data Provider of the Year

Accounting and regulatory requirements for financial institutions demand transparency in credit risk metric calculations, adequate data quality and robust model development data often spanning full credit cycles.

June 2019

Article
Actuarial Models in IFRS 17 World

Risk Technology Awards 2019: Enterprise-wide Stress-testing product of the year

Stress‑testing plays an important role in enhancing risk management practices. However, it requires significant co‑ordination and participation, and banks must optimise their resources, technology and data to ensure they can respond quickly to management and regulatory requests.

June 2019

Article
Actuarial Models in IFRS 17 World

Risk Technology Awards 2019: IFRS 9 Enterprise & ECL Solution of the Year

The credit loss and impairment analysis demanded by the International Financial Reporting Standard (IFRS) 9 and Current Expected Credit Loss (CECL) accounting standards requires appropriate data, risk parameters and models, and a platform to perform the calculations in an automated manner.

June 2019

Webinar-on-Demand
Web of gold wires on rustic wood connected by a single line

Moody's Analytics Webinar: Topics@CreditEdge – Dealing With Fallen Angel Risk

Fallen Angel risk results from the possibility and price impact of bond downgrades from investment grade (IG) into high yield (HY).

June 2019