US ratings agency Fitch out with their Q1 "Radar" report 4 May 2016
Say Fitch:
"This Quarter, Risk Radar continues to discuss the impact from a sharp slowdown in China's economy as a scenario that poses the largest risk to the agency's global credit ratings portfolio. Our ratings case is for a gradual slowdown, but equity market volatility and yuan depreciation highlight the economic adjustment and deleveraging challenges China is facing.
Lack of growth remains the key challenge in Europe. The report analyses how Eurozone deflation and zero growth would affect Fitch's ratings across multiple asset classes. Other pressing alternative scenarios, including persistently low oil prices and the hypothetical negative scenario under Brexit are also discussed."
Full report here.
Phew. We'd hate to see Brexit brushed to the back pages just yet huh?!
