Ukraine

The macroeconomic challenges we highlighted in our last quarterly Emerging Europe sovereign risk ratings update have escalated further in the second quarter, with little sign of easing... 2008-07-17

Having lost 47.9% of its value since January 1, Ukraine's PFTSI equity index has firmly broken through our 675 downside target, to at one point trade at 610 on July 17. We believe... 2008-07-17

BMI's short-term view on European external debt markets has played out, with significant spread widening occurring in many of the region's benchmark 5-year credit default swaps (CDS).... 2008-07-04

Several US dollar pegs have been broken in the CIS recently, which we believe signals significant further upside for many of the region's currencies over the medium term.

The Ukrainian 5-Year Credit Default Swap (CDS) is looking decidedly precarious, having risen by 58bps since May 30 to at one point reach 347bps on June 19 - a level last seen in... 2008-06-19

Since Q307, emerging Europe frontier equities have generally been assets to avoid, with tightening credit markets, rising energy input costs for key industrial sectors and jittery... 2008-06-05

Since early 2006, we have been highlighting the pressures on Ukrainian gas company Naftogaz. Rising gas import prices, together with only moderate increases in transit fees - which... 2008-01-07