CreditDaily Briefs

Daily Brief Credit: Lucror Analytics – Morning Views Asia and more

In today’s briefing:

  • Lucror Analytics – Morning Views Asia


Lucror Analytics – Morning Views Asia

By Leonard Law, CFA

  • In today’s Morning Views publication we comment on developments of the following high yield issuers: GMR Hyderabad, Rakuten Group
  • In the US, the ISM services index fell to 52.1 (55.7 e / 56.0 p). This was the slowest pace in three months, albeit the gauge remained in expansion territory for the ninth month this year. Meanwhile, the November (final) S&P services PMI rose to 56.0 (55.0 p), albeit below the preliminary estimate of 57.0.
  • The composite PMI climbed to 54.9 (54.1 p). Separately, the ADP employment survey showed that private sector job growth slowed to 146 k (150 k e / 184 k revised p).

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