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Moody´s | Feb 17, 2012

Moody's Credit Opinion

» Moody's Credit Opinion (PDF, 113 KB)

Research | Feb 15, 2012

FX Report

In Focus

US dollar: no strength from inherent vigour
British pound: slight setback imminent
Swiss franc: exchange rate minimum not under threat
Japanese yen: battle against appreciation

Brief: AUD, NOK and SEK

» FX Report (PDF, 613 KB)

More downloads:

» Devisenreport (PDF, 626 KB)

Chief Economist´s Comment | Feb 13, 2012

Chief Economist’s Comment: Severing the institutional ties

The list of the alleged guilty parties responsible for the financial crisis is long. With growing frequency the ratings agencies are also coming under fire. Solutions vary from stronger regula-tion to the establishment of a “European” rating agency. However, all of these solutions are aiming in the wrong direction. It is necessary to sever the institutional ties of the rating agencies. What is needed is to reconnect action and liability of financial market participants. The evaluation of risks and the responsibility for the resulting losses must be located with the relevant actors...

» Chief Economist’s Comment: Severing the institutional ties (PDF, 177 KB)