Moody’s Investors Service, the US-based ratings agency, is out with its latest review report on the Asia-Pacific (APAC) corporates for 2021, in light of the global economic recovery and loose fiscal and monetary support.
“Despite fragile recovery, credit conditions for APAC corporates likely to improve in 2021.”
“Gradual economic recovery, driven by China, ongoing fiscal, monetary support to abate negative rating trend seen in 2020. “
“Expects central banks will likely keep interest rates at very low levels, continue to provide fiscal and monetary stimulus.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.