OREANDA-NEWS. Fitch Ratings polled more than 350 attendees at its Asia Sovereign Credit Briefing in Hong Kong and Singapore on 17-18 March 2015.

A majority of attendees thought that a renewed Eurozone crisis was the biggest risk to the global recovery, a stark contrast to last year's poll where respondents believed that Fed tapering was the largest risk.

Respondents had mixed views about whether the decline in oil prices will prove to be temporary or a structural change. Nevertheless, there was strong consensus that sustained deflation is a material risk for both emerging and developed markets.

The March edition of "Asia-Pacific Sovereigns Chart of the Month" is available at www.fitchratings.com or by clicking on the link in this media release.