22 April 2020
Whether it’s heading into an unexpected crisis or stress testing business continuity and disaster recovery protocols, we have put together three...
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Continuously updated, blog and commentary topics listed below encompass the impact of the novel coronavirus disease (COVID-19) outbreak for markets and organizations, plus the economic implications of this complex and changing situation. Our industry-leading experts and analysts provide insights and analysis covering specific regions, services and industry sectors, as well as the global perspective.
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22 April 2020
Whether it’s heading into an unexpected crisis or stress testing business continuity and disaster recovery protocols, we have put together three...
22 April 2020
Under the current novel coronavirus pandemic, the government of Japan has cautioned members of the public to avoid the “Three Cs” for preventing...
22 April 2020 Fotios Katsoulas
Several tankers heading for destinations across Europe have been facing huge delays due to high congestion during the last couple of weeks, with...
21 April 2020 Chris Fenske
Yesterday’s extreme sell-off in May 2020 WTI crude oil futures added momentum to a global sell-off in equities and other risk assets today. 10yr...
20 April 2020 Chris Fenske
The US Crude oil futures market took center stage today as prices on a Crude Oil WTI contract entered negative territory for the first time in...
20 April 2020 Tom Jackson
Regional surveys of manufacturing activity established new series lows in April, obliterating the previous lows set in 2009.
20 April 2020 Allan Cowan, Ph.D.
The voluntary shutdown of large parts of the world economy to contain the spread of COVID-19 has clearly caused volatility in the financial markets....
17 April 2020 Sian Jones Mr. Rajiv Biswas Ken Wattret Joseph Hayes Chris Williamson, BA, MA econ Bernard Aw
The week ahead sees around 500 US companies report earnings, providing an initial insight into how the COVID-19 outbreak is hitting revenues...
17 April 2020 Kristyna Alexova Aleksandra Maguire
Findings from our EPIC report help supply chain professionals drive more informed decisions about how to best operate in unprecedented times
16 April 2020 Nariman Behravesh, Ph.D. Ms. Sara Johnson, CBE
What does recovery look like? Our economists provide their outlook
16 April 2020 James Petretta
Analysis on the impact of COVID-19 on protest and riot risks globally
16 April 2020 Brian Lawson
Latin American, Asian and junk-bond supply this week indicates improved bond market risk appetite, despite worsening debt sustainability
16 April 2020 Dalibor Gogic
The majority of cruise operators have ceased operations amid the coronavirus outbreak, and our AIS data suggests that a large number of vessels...
16 April 2020 Chris Williamson, BA, MA econ
US manufacturing output fell 6.3% in March, the steepest drop since 1946, as measures taken to contain the spread of COVID-19 took their toll...
15 April 2020 Mr. William May
Volatility falls and prices rise as markets begin to calm
15 April 2020
We recently sat down with Robin Auten, Executive Director of S&P Global’s Global Perception Research team, a group which sits at the intersection...
15 April 2020 Chris Williamson, BA, MA econ
Global business activity contracted in March at the fastest rate for 11 years
14 April 2020 Chris Fenske
US equity markets had a particularly good day, as the roadmap and the timing of the reopening of the US continues to become a bit clearer every...
14 April 2020 Tomasz Brodzicki, Ph.D.
Chinese exports went down by USD 71,342 million to USD 281.4 billion. It represents a fall of 20.2% in comparison to 2019.
13 April 2020
We expand our Short Squeeze Model, introduced in May 2015 in the US, to global markets.
13 April 2020 Chris Fenske
Relatively calm day in the global markets, as most of Europe and some APAC markets were closed in observance of the Easter holiday. Most US equity...
10 April 2020 Julien Rey
After an eventful Q4-2019 and early Q1-2020, the pace of the LIBOR transition is challenged by the recent market turmoil.
09 April 2020 Chris Fenske
The Federal Reserve helped to provide some additional momentum for an already strong week in the US equity markets with the 8:30am ET announcement...
09 April 2020 Dr. Marie Lechler
Our COVID–19 Country Vulnerability Index ranks countries’ capacity to deal with new outbreaks as well as those expected in the coming weeks and...
09 April 2020 Bill Cassidy
As truck drivers rush to deliver essential goods during the coronavirus disease 2019 (COVID-19) pandemic, US shippers are taking advantage of...
08 April 2020 Chris Fenske
US equity markets ended today on a positive note, as declines in the growth rate of new COVID-19 infections in the US and additional reassurances...
08 April 2020 Alyssa Grzelak
In total, across S&P Global’s 52 rated banking sectors, the outlook on our rating is Negative for 41 economies, an increase of 32 since the beginning...
08 April 2020 Dr. Kari Pries, Ph.D. Cristina Arbelaez
Severe US recession to curtail remittances to Central American countries, worsening external balances and domestic recession risks
08 April 2020 Sian Jones
Global lockdowns and travel bans, alongside growing uncertainty as to the longevity of the outbreak, led to the worst performance by the global...
08 April 2020
State of Maritime Safety report launched today
08 April 2020 William May
Commodities plunged further, faster in another broad-based move lower
08 April 2020 Etienne Gabel Diego MoyaOcampos, LLB
The health of Venezuela’s power system has not visibly improved since the massive blackouts of March 2019 that plunged the country into widespread...
07 April 2020
Discover part 4 of S&P Global's Perception Analytics team's analysis of investor and issuer engagement in uncertain times.
07 April 2020
Monthly style and specialty model performance report.
06 April 2020 Chris Fenske
Equity markets remained very upbeat today as data indicates that the spread of COVID-19 is slowing in parts of Europe and leaders there are evaluating...
06 April 2020 Chris Suckling, Ph.D.
S&P Global looks ahead to the events shaping country risk in April 2020.
06 April 2020 Chris Williamson
Business activity in China fell for a second successive month in March, but the rate of contraction eased markedly as fewer companies reported...
03 April 2020 Chris Williamson
Global business activity contracted in March at the fastest rate for 11 years as measures to contain the coronavirus disease 2019 (COVID-19)...
03 April 2020 Sam Pierson
With the global economic havoc caused by COVID-19, securities lending revenues declined 18% YoY for the month of March, despite an increase in...
03 April 2020
Are IR teams ready for the new disclosure which will be made available under SRD II? Do they have systems in place to digest, analyse and act...
03 April 2020 Paul Smith, Ph.D. Joseph Hayes
Following the release of record-low PMI figures today, the latest dynamic factor-based models for the euro zone and the UK unsurprisingly clearly...
02 April 2020 Chris Fenske
Oil had its best single day on record and US initial claims for unemployment insurance indicated job losses more than double the worst week on...
02 April 2020
On 31 March 2020 the US Supreme Court decided that the safe berth clause in charter parties establishes a warranty of safety, in what is being...
02 April 2020
We review factor performance in March 2020.
01 April 2020 Bernard Aw
Manufacturing conditions across mainland China stabilised in March, according to the latest Caixin
01 April 2020 Chris Fenske
Q2 2020 started off with pressure on global equity markets and increased risk aversion today. Global PMI numbers came in particularly weak across...
01 April 2020 Chris Williamson
Global manufacturing orders fell at the steepest rate for 11 years in March as the coronavirus disease 2019 (COVID-19) outbreak continued to...
01 April 2020 Alisa Strobel
Ethiopia’s Prime Minster calls for emergency budgetary support and debt relief for African countries for which COVID-19 will pose a significant...
01 April 2020 Thomas McCartin
Collapsing demand continues to push commodity prices lower.
01 April 2020 Karl Kuykendall
No state will be immune from employment and GDP declines this year given the sudden and deep economic shocks associated with the necessary containment...
31 March 2020 Chris Fenske
The last trading day of one of the most volatile quarters in both the debt and equity markets on record was incongruously calm. Many funds and...
31 March 2020
History provides us with insights that help us better understand how the market behaves. S&P Global’s Analytics team and Perception Research...
31 March 2020
Discover part 3 of S&P Global's Perception Analytics teams analysis of investor and issuer engagement in uncertain times..
31 March 2020
Post April 1st, 2020, dividends will be taxable in the hands of investors based on their individual tax brackets
30 March 2020 Chris Fenske
Relatively positive sentiment in equity markets today as we approach quarter/month-end tomorrow. The majority of US and European economic data...
30 March 2020 Brian Lawson
While investment grade borrowers are rushing in record volume to capture liquidity, emerging market borrowers rely ever more on IMF support
30 March 2020 Nariman Behravesh, Ph.D. Elisabeth Waelbroeck-Rocha, Ph.D.
Most economies won’t return to pre-pandemic levels of output for 2-3 years
30 March 2020
We sat down with David Krzemienski, Head of Product for iLEVEL, to learn more about the new UX enhancements and gain his perspective.
30 March 2020 Peter Tirschwell
A seesaw effect of cargo and empty container movement between Asia and North America is beginning to take shape as the extended China manufacturing...
30 March 2020 Gavan Nolan
South Africa's junk status - a sign of things to come?
30 March 2020 Chris Hammond, CFA
We review daily factor and model performance during the recent market volatility.
27 March 2020 Sian Jones Rajiv Biswas Ken Wattret Joseph Hayes Bernard Aw
Final PMI data will be keenly anticipated for the extent of the broader economic impact of the coronavirus disease 2019 (COVID-19) outbreak around...
27 March 2020 Chris Fenske
Equity markets were lower across most of the Europe and the US today, as negative economic reports out of China and the rapid growth of new COVID-19...
27 March 2020 Greg Knowler
Extensive blank sailings have left virtually no empty containers available at European ports, according to the latest data, and extreme measures...
26 March 2020 Chris Fenske
Most global equity indices, government bonds, credit indices, and US municipal bond markets closed higher today. Some of the day’s positive momentum...
26 March 2020 Brian Lawson
Despite IMF/IBRD moves to ease official debt burdens, Ecuador has moved towards debt default: Argentina and African states also seeking relief...
26 March 2020
The first earning season of 2020 is like no other. Investor fears from COVID-19 have led to record market volatility and an uncertain future....
26 March 2020
The market's input on General Meetings, New Technology, Dividends and Communication Needs
26 March 2020
We review factor and model performance during prior epidemics.
26 March 2020
Just as the coronavirus disease 2019 (COVID-19) spreads from China to North America, the disruptive impact of the pandemic will shift from worries...
26 March 2020 Tomasz Brodzicki, Ph.D.
The global spread of the COVID-19 epidemic is the single biggest risk facing the world economy in early 2020.
25 March 2020 Chris Fenske
The US dollar was weaker on the day, as some of the recent flight to safety has subsided with the $2 trillion US stimulus package coming closer...
25 March 2020 William May
Manufacturing shuts down in Europe and the US as COVID-19 takes a hold
25 March 2020
Part 2 of S&P Global's Perception Analytics teams analysis of Investor and Issuer Engagement in Uncertain Times
25 March 2020
S&P Global’s clients are coming off their Q4 and Full-Year results with a packed schedule of industry conferences, roadshows and investor meetings....
24 March 2020
Thailand joined the Global Forum on Transparency and Exchange of Information for Tax Purposes in 2017 as a commitment to align its reporting...
24 March 2020 Chris Fenske
Global markets started off on a very positive note beginning in APAC, with equity markets higher across every region alongside credit, oil, precious...
24 March 2020
S&P Global’s Perception Analytics team engages in in-depth discussions with investors and analysts daily. Given recent market volatility and...
24 March 2020 Sam Pierson Nicholas Godec, CFA
USD investment grade corporate bonds rallied on Monday following the Fed’s announcement of their emergency action to support financial markets...
24 March 2020 Chris Williamson
Business activity across the eurozone collapsed in March to an extent far exceeding that seen even at the height of the global financial crisis....
24 March 2020 Bernard Aw
The flash PMI surveys showed the extent of economic damage caused by the global outbreak of the COVID-19 virus on Japan’s private sector economy....
24 March 2020 Chris Williamson
US companies reported the steepest downturn since 2009 in March as measures to limit the COVID-19 outbreak hit businesses across the country....
24 March 2020
S&P Global predict global dividend lockdown
24 March 2020 Brian Matt
With rising concerns around the spread of corona-virus globally, many public companies have already postponed their annual meetings over the...
24 March 2020 Fotios Katsoulas
Indian crude oil imports reached 4.5 million b/d in February, with March currently standing at 4.55 million b/d, primarily driven by lower oil...
24 March 2020 Chris Williamson
The flash PMI surveys for March highlight how the COVID-19 outbreak has already dealt the UK economy its hardest blow since data were first available...
24 March 2020 Bernard Aw
The downturn in Australia’s private sector economy deepened markedly in March, according to the
23 March 2020 Chris Fenske
This week started with the Federal Reserve announcing extensive new measures to support the US economy in the wake of the COVID-19 pandemic....
23 March 2020 Francis Land
The AMF Task Force has reported into effects of MiFID II on the research industry and identified major concerns, especially on coverage of small...
23 March 2020
Dividend Revisions under the current oil situation
23 March 2020 Chris Hammond, CFA
We review daily factor and model performance during the recent market volatility.
20 March 2020 Brian Lawson
Despite large-scale fiscal and monetary intervention including major QE programs, investors are continuing the flight to cash.
20 March 2020 Chris Fenske
A relatively calm start to the day, as volatility had been relatively subdued until midday New York time. However, that changed during the second...
20 March 2020 Sian Jones Ken Wattret Joseph Hayes Chris Williamson Bernard Aw
With the global economy facing recession and markets showing increased signs of stress, flash PMI surveys will be eagerly watched for the extent...
19 March 2020 Chris Fenske
Daily Market Update for March 19, 2020
19 March 2020 William May
Energy prices tank as Western Europe begins social isolation in earnest
18 March 2020 Chris Fenske
There is a concerted sell-off across both global equity and government bond markets today, with the bond sell-off being particularly fast and...
18 March 2020 Sara L. Johnson, CBE Nariman Behravesh, Ph.D.
Disruptions to supply chains, demand, international trade flows, and travel, along with lockdowns and collapsing stock prices, resulting from...
17 March 2020 Sam Pierson
The deepening sell-off in US equities has presented opportunities for long-short managers, with the most heavily shorted shares underperforming...
17 March 2020 Tomasz Brodzicki, Ph.D.
Russia is considered as a bookcase example of a resource course-stricken economy with a growth model highly dependent on the price of oil and...
17 March 2020 Chris Hammond, CFA
We review daily factor and model performance during the recent market volatility.
16 March 2020 Ken Matheny, Ph.D.
Sunday’s aggressive rate cut could be the “final” adjustment to the federal funds rate, as there is little appetite now within the Federal Reserve...
16 March 2020 Thea Fourie Chris Suckling, Ph.D.
Saharan Africa (SSA) region is highly susceptible to ancillary effects from the COVID-19 virus outbreak
16 March 2020
With a surge of co-investment activity in the private markets and its potential for mutually beneficial outcomes, experts weigh in on the possible...
15 March 2020
Overview of the effects the transposition will have for French corporate issuers and the marketplace
13 March 2020 Stella Lim Chong Jun Wong, CFA
Dividends from airlines set to fall for another year; limited impact on cosmetics players
13 March 2020 Brian Lawson
This week’s market developments are dominated by the breakdown of OPEC production discipline and the global expansion of COVID-19.
13 March 2020 Shane Norton Scott Hazelton
S&P Global study shows US off highway equipment industry directly supports 480,000 jobs and 2.8 million total jobs, with 35 states at more than...
13 March 2020 Greg Knowler
China’s record slump in manufacturing output during factory closures in February to combat the spread of the coronavirus disease 2019 (COVID-19)...
13 March 2020 Sian Jones Rajiv Biswas Raj Badiani Ken Wattret Joseph Hayes Bernard Aw
After a week of turmoil in global markets, triggered by the oil price slump and increasing use of containment measures amid the escalating spread...
12 March 2020 Will Kendal
The Coronavirus (COVID-19) outbreak continues to develop, with impacts felt globally, affecting daily life and the financial markets. Firms of...
11 March 2020 William May
Commodities rose slightly last week as the US Federal Reserve cut rates to offset the effects of the spreading COVID-19 outbreak
11 March 2020 Tomasz Brodzicki, Ph.D.
The y/y changes in trade data for four out of the main nine economies of the world show that 2019 was a difficult year with sluggish growth and...
11 March 2020 Nariman Behravesh, Ph.D. Ken Wattret Elisabeth Waelbroeck-Rocha, Ph.D. Chris Williamson
Expect a sharp reduction in near-term growth, followed by a slow recovery
10 March 2020
Przemek Bozek discusses why satellite companies are popular, and why they are difficult to value.
10 March 2020 Bernard Aw
Asian economic activity shrank sharply in February, according to the latest PMI surveys, contracting at the quickest pace since the depths of...
10 March 2020 Rahul Kapoor
Crude oil imports recover in late February, iron ore, coal, minor bulks seeing double dip.
10 March 2020
The last week of February 2020 was the worst for global markets since 2008, as all three major US benchmarks - Dow Jones, S&P 500, and NASDAQ...
10 March 2020 Chris Hammond, CFA
Research Signals report, March 2020
09 March 2020 Chris Williamson
Some eight of the 23 sectors saw record falls in output. The steepest decline was reported in the auto industry, which saw by far the steepest...
09 March 2020 Tozar Gandhi
Coronavirus fears create a BIG flight to safety over the last month
06 March 2020 Sian Jones Rajiv Biswas Ken Wattret Joseph Hayes Chris Williamson Bernard Aw
After worldwide PMI surveys showed the global economy contracting at the steepest rate since 2009 as the coronavirus disrupted supply chains...
06 March 2020
The IPO market began to heat up in February as ten issuers made their market debuts for aggregate proceeds of $3.17B.
06 March 2020 Brian Lawson
Despite a mid-week rush of corporate bond supply, S&P Global views COVID-19 to have lasting and sizeable adverse potential market impacts
06 March 2020
Monthly style and specialty model performance report.
06 March 2020 Chris Williamson
The following is an extract from S&P Global's monthly PMI overview presentation. For the full report please click on the link at the bottom of...
06 March 2020 Chris Hammond, CFA
The final week of February was afflicted with a bout of volatility not seen since September 2011. This latest market tumult marked the worst...
06 March 2020
Charu Kirti Jain outlines the operational challenges complicating compliance with the Shareholder Rights Directive II (SRDII).
06 March 2020 Chris Hammond, CFA
The final week of February was afflicted with a bout of volatility not seen since September 2011. This latest market tumult marked the worst...
05 March 2020
Sometimes it feels that things are changing so rapidly that they can come and go before you even know they were there
04 March 2020 Bernard Aw
The latest PMI flashed red warning lights on the dire state of business conditions across Hong Kong SAR in February amid the coronavirus outbreak....
04 March 2020 William May
Intensifying fears of the global impact of COVID-19 sparked a major sell-off in markets, which hit commodity prices once again last week
04 March 2020 Chris Williamson
Worldwide growth plunged by a record extent in February, the pace of expansion slowing to the weakest since May 2009, according to the latest...
04 March 2020
We review factor performance in February 2020.
04 March 2020 Sam Pierson
$734m in February securities lending revenue
04 March 2020 Chris Williamson
UK business activity grew at the fastest rate for almost one-and-a-half years in February, with future expectations climbing to the highest for...
04 March 2020 Lewis Cooper
The Italian private sector remained close to stagnation during February, with activity increasing only mildly according to the latest PMI data....
04 March 2020 Paul Smith, Ph.D. Joseph Hayes
Our latest GDP nowcasts across Europe are broadly unchanged from the previous update
03 March 2020 Ken Matheny, Ph.D.
Analysis from our Senior Economist Ken Matheny on today’s Federal Reserve rate cut
03 March 2020
We recorded 78% more public mass shootings in 2019 than the preceding five-year average.
02 March 2020 Bernard Aw
The COVID-19 outbreak had a severe impact on China’s manufacturing sector in February due to efforts to contain the spread of the coronavirus...
02 March 2020 Chris Williamson
Global manufacturing contracted at the fastest rate in over a decade during February as the coronavirus disrupted supply chains and hit demand...
28 February 2020 Sian Jones Rajiv Biswas Ken Wattret Joseph Hayes Chris Williamson Bernard Aw
A busy economic calendar starts with worldwide manufacturing and services PMIs and rounds off with the monthly US employment report, which includes...
27 February 2020
Przemek Bozek and Leon Sinclair explain the competitive advantages information-driven companies have over comparable businesses that do not use...
27 February 2020 Gabrielle Ventura
On the precipice of crisis: What’s next for the Lebanese banking sector?
27 February 2020
In Q3 and Q4 2019, S&P Global undertook an in-depth study of the Japanese equity market with the goal of understanding investment trends and...
26 February 2020 Kiet Tran
Making investment decisions in Asia-Pacific is increasingly complex with the uncertain macro environment and the proliferation of financial regulations....
25 February 2020 Nicholas Godec, CFA
The corporate credit tradable index universe is expanding, both in terms of liquidity and new products.
25 February 2020 Rahul Kapoor
Average weekly crude oil discharged in China has returned closer to normal levels despite a lower vessel count.
24 February 2020 Michael Miller
Given the significant time and resources that go into planning a successful Investor Day, it is critical to understand the key factors that investors...
21 February 2020 Julian Chesser
Evolving global OTC market structure and regulatory requirements sought to reduce systemic risk in the derivatives markets introduced by US CFTC...
21 February 2020 William May Sian Jones Raj Badiani Ken Wattret Joseph Hayes Chris Williamson Bernard Aw
The coming week sees the first major data release out of China since the coronavirus outbreak, with the February update of the government sponsored...
21 February 2020
Unipec, China’s biggest oil trader, has chartered a tanker to ship a cargo of Vietnamese crude to Hawaii, in the first such shipment in more...
21 February 2020 Chris Williamson
With the exception of the government-shutdown of 2013, US business activity contracted for the first time since the global financial crisis in...
21 February 2020 Bernard Aw
Australia’s private sector business activity shrank in February as adverse weather conditions and the coronavirus outbreak took its toll, according...
21 February 2020 Chris Williamson
Flash PMI survey data indicate that the post-election rebound seen in January extended into February, putting the UK economy on course for solid...
21 February 2020 Chris Williamson
The eurozone economy grew at its fastest rate in six months during February, according to flash PMI
21 February 2020 Paul Smith, Ph.D. Joseph Hayes
Today sees our latest nowcast update following the release of our February PMI figures
20 February 2020 Sam Pierson
Overall the short loan value, that is the amount of securities finance transactions deemed likely to be related to short selling, has increased...
20 February 2020 Fotios Katsoulas
The coronavirus's effect starts becoming clear, with China’s energy demand falling sharply.
19 February 2020 William Sheridan
The IRS has updated two FAQs on the Frequently Asked Questions web page for qualified intermediaries (QIs), withholding foreign partnerships...
18 February 2020
January opened the year with impressive IPO figures boasting $2.3B in proceeds over 8 deals.
17 February 2020 Paul Smith, Ph.D. Joseph Hayes
Our latest nowcast update highlights a notable rise in downside risks to growth for the euro area economy in the first quarter of the year
14 February 2020 Sian Jones Rajiv Biswas Ken Wattret Joseph Hayes Chris Williamson Bernard Aw
The flash PMI surveys will be an eagerly awaited focus of the week, providing the first insights into how the global economy has fared during...
14 February 2020 Sian Jones
The gradual and sustained improvement in Greece’s manufacturing sector and wider economy has fuelled renewed appetite to invest in government...
14 February 2020 Brian Lawson
Record Italy syndication and multiple hybrid deals highlight “risk-on” investor appetite.
13 February 2020 Rajiv Biswas
2020 economic outlook for Malaysia clouded by coronavirus economic impact
13 February 2020 Ludovico Carlino Firas Modad
Yemen-based Houthi movement has mounted 462 attacks against targets inside Saudi territory since 2015
12 February 2020 Rajiv Biswas
The Asia-Pacific commercial aviation industry is being hit by a massive economic shockwave from the escalating novel coronavirus crisis sweeping...
12 February 2020 William May
Chinese travel restrictions are disrupting manufacturing, driving expectations of a demand shock
12 February 2020
Djibouti's weakening fiscal position indicates tax demands targeting logistics and telecoms, cancellation of European renewable energy contracts...
10 February 2020 Chris Williamson
Global economy starts 2020 on ten-month high, awaiting coronavirus impact
07 February 2020 Sam Pierson
The new year is off to a strong start for securities lending, certainly better than January 2019, when markets were emerging from the Q4 2018...
07 February 2020
Over the month of January, the US Treasury curve tightened. The table below summarizes weekly and monthly performance across the curve, followed...
07 February 2020 David Owen
Survey data show that business gloom surrounding the path of the global economy and geopolitical uncertainty had begun to fade at the start of...
07 February 2020 Sian Jones Rajiv Biswas Ken Wattret Joseph Hayes Chris Williamson Bernard Aw
Key releases include GDP numbers for Japan, the UK and Germany, which look set to show both European economies avoided sliding into contraction...
07 February 2020 Brian Lawson
An active European block-deal calendar and India’s privatization program for 2020/21
07 February 2020 Brian Lawson
This week’s debt highlights were Poland capturing five-year funding at negative yields and Ghana raising 40-year bonds
06 February 2020
Many REIT Investor Relations Officers have long yearned to attract non-real estate focused investors to their shareholder base. REIT portfolios...
06 February 2020
Navigating the New Frontier: Active vs. Passive, MiFID II, A.I. & More…
06 February 2020
Attendees at our annual loans conference heard that data never sleeps and the people who manage it must stay ahead of the constant demand in...
06 February 2020 Chris Williamson
Worldwide growth accelerated for a third consecutive month in January, according to the latest PMI surveys, registering the strongest monthly...
05 February 2020 William May
The disruptive effects of the spreading coronavirus on the Chinese economy sends commodity prices down hard
05 February 2020 Paul Smith, Ph.D. Joseph Hayes
The euro area economy is set to record another weak quarter of growth, according to the latest nowcast estimate
05 February 2020
Chinese Lunar New Year January 2020
05 February 2020 Sam Pierson
IPO shorts & lockup expiry
05 February 2020 Bernard Aw
The start of the year saw a further slowdown in China’s business activity, according to the latest Caixin PMI data. Order book growth also moderated...
04 February 2020 Sam Pierson
Seeking to explain the lack of observable short covering in shares of Tesla since the start of December
04 February 2020 Chris Williamson
Global manufacturing continued to show signs of recovery at the start of 2020, according to PMI survey data, notching up its best performance...
04 February 2020 Sam Pierson
The Cannabis sector has delivered uneven returns, with positive developments in some areas being offset by challenges elsewhere.
03 February 2020 Columb Strack
Islamic State activity in Iraq and Syria unaffected by Baghdadi's death, Turkish incursion, or US partial-withdrawal
03 February 2020 Rajiv Biswas
Worries about the spread of Coronavirus leads to Shanghai Stock Exchange Index falling 8.2% by mid-morning on 3 February, with the Shenzhen Composite...
31 January 2020 Sam Pierson
2019 delivers second highest annual revenue in the last decade
31 January 2020 Bernard Aw
The coming week starts with the publication of worldwide PMI surveys for January and ends with the US non-farm payroll report, though also sees...
30 January 2020 Brian Lawson
Within improving bond markets, this week’s market highlight was Greece’s 15-year syndicated sale
30 January 2020
Concerns around the coronavirus are spreading. Our experts look at the economic and security impacts
30 January 2020 Jack A. Kennedy
Despite government critic's protest call for anniversary of 2011 revolution, significant mobilisation in Egyptian cities unlikely
30 January 2020 William May
Commodity markets, already slow over Lunar New Year, are being hit by worry over the impact of the coronavirus on Chinese demand
29 January 2020 Kathleen Navin, CBE Ben Herzon, Ph.D.
According to our Monthly GDP Index, monthly GDP rose 0.1% in December 2019.
29 January 2020 Chong Jun Wong, CFA
Total dividend index points over the period between February and June are expected to come in at 118.31. March is projected to generate the highest...
28 January 2020 Blanka Kolenikova
Czech president’s decision not to attend summit in China unlikely to alter foreign relations or affect investments
28 January 2020
Our client Aaron Hoffman, Vice President of Investor Relations at TransUnion, has integrated a deep knowledge of the company with market intelligence...
28 January 2020 Byron McKinney
The sanctions imposed on subsidiary ship owners that were part of the COSCO Shipping family in late 2019 by the Office of Foreign Asset Control...
28 January 2020 Tomasz Brodzicki, Ph.D.
The UK will leave the European Union on 31 January 2020 after 47 years of membership (a truly once in a century event). The uncertainty over...
27 January 2020
After months of negotiation, the US and China finally signed the Phase One agreement on January 15th at a ceremony at the White House. But what...
24 January 2020 Bernard Aw
Flash PMI data signalled a deeper downturn in Australia’s private sector economy at the start of the year, with the headline index falling to...
24 January 2020 Chris Williamson
US business activity grew at its fastest rate for ten months in January, according to S&P Global’s flash PMI data
24 January 2020 Ludovico Carlino
Failure by Prime Minister-designate to win confidence vote increases likelihood of new elections in Tunisia
24 January 2020 Brian Lawson
Five sizeable emerging markets deals were sold successfully on 21 January, with Pemex particularly-successful.
24 January 2020 Daejin Lee
On 15 January 2020, President Trump and Chinese Vice Premier He signed the highly anticipated “phase-one” trade agreement between the US and...
24 January 2020 Chris Williamson
Flash PMI survey data indicate an encouraging start to 2020 for the UK economy
24 January 2020 Chris Williamson
The eurozone economy started 2020 with growth remaining subdued as manufacturing continued to act as a substantial drag and service sector growth...
24 January 2020 Paul Smith, Ph.D. Joseph Hayes
Our first growth estimates for the opening quarter of the new decade point to a continuation of meagre expansion across the European economy
24 January 2020 Bernard Aw
A week which sees the UK leaves the European Union is also packed with policy action from the Fed and the Bank of England, alongside GDP updates...
23 January 2020 Alisa Strobel
Zimbabwe has entered into a currency swap deal with China, however, the deal is unlikely to solve Zimbabwe's foreign-exchange crisis and suggests...
23 January 2020 Rajiv Biswas
The economic consequences of the coronavirus could be extremely concerning for the Asia-Pacific region
22 January 2020 Deepa Kumar
Disputes between India's central and state governments probably to increase given disagreement over citizenship law, taxation
22 January 2020 Ken Matheny, Ph.D. Ben Herzon, Ph.D.
Our examines the impact of a longer than expected pause in the production of Boeing’s 737 MAX
22 January 2020
Parliamentary debates over labour liberalisation bill likely to fuel periodic, large-scale protests in Indonesia’s major industrial cities
22 January 2020 William May
Commodities powered higher last week on Asian restocking demand and a clearer trade outlook
21 January 2020
Dividend outlook for the US is upbeat despite a flat earnings growth outlook and ongoing US-China trade woes
20 January 2020 Chris Williamson
US factories enjoyed a strong end to 2019, with output rising in both November and December
20 January 2020 Sian Jones
Despite difficult external demand conditions and a stalling manufacturing sector, the rate of inflation in the Czech Republic picked up in December...
17 January 2020 Diego Moya-Ocampos, LLB Carlos Cardenas Carlos Caicedo Carla Selman
Iran-US conflict to disrupt Brazil-Iran trade, increase Venezuela sanctions risks, and potentially undermine Argentina’s relationship with IMF...
17 January 2020 Sian Jones Raj Badiani Ken Wattret Joseph Hayes Harumi Taguchi Chris Williamson Bernard Aw
A week which sees Davos host the 50th World Economic Forum commences with the IMF’s latest forecast on Monday and rounds off on Friday with the...
17 January 2020 Paul Smith, Ph.D. Joseph Hayes
Decent expansion in France is being offset to an extent by ongoing weakness in Germany, the net result being another meagre growth estimation...
17 January 2020
By: Douglas Crawford
17 January 2020
Global dividends are predicted to grow by 5.5% to $1.9tr in 2020 despite headwinds such as Brexit and the US-China trade war.
16 January 2020 William Farmer
Al-Shabaab assault on airfield indicates broadening of target set to include military installations in Kenya and Somalia
16 January 2020 Brian Lawson
After record Euro-issuance last week, markets remain highly-active with six sovereign syndicated bond deals: Saudi Aramco grew its IPO 15%
16 January 2020 Nicholas Godec, CFA
Over the past few months, the market has paid keen attention to credit positioning within high yield, particularly to BB-rated debt versus all...
16 January 2020
Tokyo Stock Exchange Holiday – December 31, 2019 – January 5, 2020
15 January 2020 Carlos Caicedo
Brazil’s fiscal reform likely to lose momentum in 2020 given president’s lack of engagement with Congress
15 January 2020 David Owen
South Africa’s private sector stumbled at the close of 2019, with output contracting amid a heightened round of “load shedding” that caused significant...
14 January 2020 John Mothersole John Anton
What will the market look like in 2020 for metals?
14 January 2020 Daejin Lee
China's 2019 coal imports were up 6.3% compared with 2018 levels, while December’s imports tumbled nearly 73% to 2.77 million tonnes.
13 January 2020 Chris Williamson
The latest GDP data add to signs that the UK economy stagnated at best in the fourth quarter of last year
13 January 2020 Steven Frable
Economic studies ascribe a range of effects (positive and negative) to higher minimum wages. We take a close look as 26 states make adjustments....
10 January 2020 Daniel Kral
The timing and nature of the decision are highly unusual, while the reasoning is not entirely clear.
10 January 2020 Annabel Fiddes
The latest KPMG and REC survey data, compiled by S&P Global, showed a renewed upturn in overall UK recruitment activity at the end of 2019. Permanent...
09 January 2020 Brian Lawson
A record USD3 billion sale by Israel along with successful sovereign debt sales by Slovenia, Ireland and Portugal.
08 January 2020 William May
European gas prices plummet on pipeline deal, before US-Iran tensions boil over at the week's end
08 January 2020
In early December, S&P Global was named Best Corporate Actions Data Provider in the Data Management Insight Awards. Published by the influential...
08 January 2020 Tom Jackson
A trend of weaker population growth overall and a decline in natural population increase has negative implications for economic growth at both...
07 January 2020 Asad Ali
Singapore's election likely in March 2020, followed by ruling party leadership transition, but policy continuity almost certain
07 January 2020 Chris Williamson
Worldwide growth accelerated for a second successive month in December, according to the latest PMI surveys, registering the strongest monthly...
06 January 2020 William Sheridan
On December 27, 2019, the IRS released final regulations (TD 9890) under Chapter 3 and Chapter 4 relating to a number of information reporting...
06 January 2020 Harumi Taguchi, M.A.
Stimulus package including supplemental budget likely to mitigate downside risks, boost support for Abe administration in Japan
06 January 2020 Chris Williamson
Global manufacturing activity remained broadly unchanged in December, according to PMI survey data, improving only fractionally for a second...
06 January 2020
Recently we hosted our Annual End of Year Investor Relations Seminar in Moscow in conjunction with Citibank.
06 January 2020 Paul Smith, Ph.D. Joseph Hayes
We have updated our Q4 2019 nowcasts today following the publication of December's PMI surveys
06 January 2020 Rajiv Biswas Ken Wattret Chris Williamson
The first full week of 2020 looks set to kick off the year with a bang and is busy with economic data releases. Trends across retail sales, industrial...
03 January 2020 Sam Pierson
Global revenue falls 6.3% to $10.1 billion
03 January 2020
S&P Global reviews the performance of the leveraged loan market through out 2019.
02 January 2020 Brian Lawson
Recent data shows Euro-denominated debt issuance at near-record levels, but IPO deal numbers fell roughly one-fifth in 2019.
02 January 2020 Langelihle Malimela Ege Seckin Deepa Kumar Chris Suckling, Ph.D.
How will several political developments in selected emerging markets impact on capital flows such as private investment, bank lending, and trade....
02 January 2020 William May
The six-week rally slowed last week as markets wait for direction in 2020
02 January 2020
World merchandise trade volume is forecasted to grow 2.7% in 2020, and to grow by 5.0% in 2021.
31 December 2019 Kathleen Navin, CBE Ben Herzon, Ph.D.
According to our Monthly GDP Index, monthly GDP rose 0.1% in November
27 December 2019 Rajiv Biswas Nariman Behravesh, Ph.D. Ken Wattret Chris Williamson
The coming week brings in the New Year, so we dedicate our special report this week to a summary of the main economic projections for the year...
24 December 2019 William May
Less uncertainty on trade supports rebounding commodity prices
24 December 2019 Chris Suckling, Ph.D.
Kenyan MSMEs to benefit from reduced taxation in 2020 but capital constraints to limit private-sector performance
23 December 2019 Chris Suckling, Ph.D.
Ethiopia to finalize foreign investment framework for aviation, energy, and telecommunications, but banking excluded
20 December 2019 David Li
Large-scale but peaceful protests likely in 2020 across Thailand because of opposition-candidate disqualification and economic slowdown
19 December 2019 Kashyap Sheth
As the new compliance schedule for IM requirements on non-cleared derivatives comes into force, S&P Global’s director, derivatives data and valuation...
19 December 2019 Petya Barzilska John Raines, Ph.D. David Li Chris Suckling, Ph.D.
As the World Trade Organization’s (WTO) Appellate Body (AB) ceases to function, around 88 trade disputes are very likely to remain unresolved....
19 December 2019
There has been intense debate by various market and industry participants around CSDR, including the regulation's content, the underlying intention...
18 December 2019 Chris Williamson
Some of the confusion over varying US survey signals was lifted after official data showed manufacturing output rebounding
18 December 2019 William May
The US-China 'phase one’ trade deal' reduces tensions and improves the mood in markets
18 December 2019
This report summarizes our dividend expectations for FY19 for EMEA
18 December 2019
Ordinary dividends paid by companies in Asia Pacific are set to end the year at a record of USD 524.2bn.
17 December 2019 Bernard Aw
Japan’s private sector economy is poised for its first quarterly decline in more than three years, after December flash PMI data indicated a...
17 December 2019 Michael Miller
Last week, I had the pleasure of attending NIRI’s Senior Roundtable Annual Meeting (SRT), held this year at the amazing Ritz-Carlton Bacara in...
17 December 2019 Nariman Behravesh, Ph.D.
What's coming in 2020? Global growth will expand at a rate of 2.5 percent in 2020 before edging up to 2.7% in 2021 and 2022.
16 December 2019 Chris Williamson
Business activity, order book and jobs growth all accelerated to five-month highs in December, according to flash PMI data
16 December 2019 Chris Williamson
The Eurozone economy closed out 2019 mired in its worst spell since 2013
16 December 2019
From large-scale acquisitions to smaller, mid-market deals, M&A activity has been on the rise. The latest full-year data showed that 2018...
16 December 2019 Chris Williamson
December’s PMI survey data sadly lacked festive cheer, indicating that the economy contracted for the third time in the past four months. With...
13 December 2019 Sian Jones Rajiv Biswas Ken Wattret Joseph Hayes Chris Williamson Bernard Aw
The week starts with a flurry of flash PMI updates and key official data releases for the US and China, notably including industrial production....
13 December 2019
Lloyd Nicholls and Ankush Zutshi outline practical considerations of how crypto assets and technology can emerge in a regulated environment.
13 December 2019 Lewis Cooper
The ASEAN manufacturing downturn extended into the middle of the fourth quarter, with operating conditions deteriorating for a sixth month running...
12 December 2019 Tozar Gandhi
In this month’s blog we review how low interest rates have been a big factor in fueling an increase in Taxable muni issuances for refunding Tax...
12 December 2019
Environmental Shareholder Proposals: Is Less More
12 December 2019 Sam Pierson
Proxy voting and exercising corporate governance responsibilities can work in tandem with securities lending
11 December 2019 William May
More positive data points help to propel prices to a third week of gains
10 December 2019 Chris Williamson
A look at data quality, and if ‘normal’ people participate in surveys
09 December 2019 Chris Williamson
At 51.5 in November, the JPMorgan Global PMI™ (compiled by S&P Global) rose to a four-month high
09 December 2019 Chris Williamson
Worldwide growth picked up in November, led by the fastest manufacturing expansion seen so far this year. Key sectors such as autos and machinery...
06 December 2019 Sian Jones Rajiv Biswas Raj Badiani Ken Wattret Joseph Hayes Chris Williamson Bernard Aw
The following is an extract from S&P Global's latest Week Ahead Economic Preview. For the full report (including Special Reports) please click...
05 December 2019 Brian Lawson
In the first week after Thanksgiving, two borrowers raised perpetual debt and several others obtained longer-dated liabilities.
05 December 2019
Over the month of November, the US Treasury curve widened. The table below summarizes weekly and monthly performance across the curve, followed...
04 December 2019 William May
Better news on manufacturing is providing some support for commodities.
04 December 2019 Chris Williamson
UK business activity contracted for the fifth time in the past six months during November
04 December 2019 Andrew Harker
Zambian economic output is being held back by shortages of power and money
03 December 2019 Brian Lawson
ICMA’s AMIC conference on 27 November considered the EU’s efforts to establish an “Ecolabel” for environmentally-friendly investment vehicles. ...
03 December 2019 Byron McKinney
Shipping is a crucial component of trade finance and anything that impacts the regulatory or financial standing of a vessel, a vessels ownership...
03 December 2019 Chris Williamson
Global manufacturing activity increased for the first time in seven months in November, according to PMI survey data, albeit improving only fractionally....
02 December 2019
Alex Golbin reviews possible solutions to the existing due diligence challenges facing financial institutions.
02 December 2019
US imports from China in 2017 reached over 70.5 million tonnes and exceeded 75.2 million tonnes in 2018. We predict lower growth rates in 2019...
28 November 2019 Matthew Shruhan Jenny Yang
Impact of China’s tariff increase from 10% to 25% on LNG imports from the US, a commodity once hoped would ease trade tensions between the two...
