OREANDA-NEWS. June 30, 2015. The latest edition of Inside Credit features the June installment of Global Perspectives, a monthly commentary series by James McCormack, Fitch Ratings' Global Head of Sovereign Ratings, on key issues affecting the world economy.

This month, Mr. McCormack says that fears of emerging market sovereign stress due to U.S. monetary tightening alone are overdone.

'Large external funding requirements for emerging market sovereigns are an increasing concern for investors as tighter U.S. monetary policy becomes a reality. While the rest of 2015 may be a bumpy ride as markets adjust to the change in emerging market external financing conditions, the vulnerability of emerging market sovereigns is qualified in several ways,' says Mr. McCormack.

Other topics covered in this week's edition of Inside Credit include:

-U.S. Prime Money Funds Differing on Views of Fed Rate Hike
-Outlook Stable in LatAm Infrastructure Projects Despite Lower Growth
-Recovery Continues in China Housing Market
-UK RMBS Arrears Trends Diverge
-U.S. Employment Pushing Consumer ABS Metrics to Records
-End-May 2015 MMF Snapshot & Fund Factsheets
-ACA Subsidy Upheld, Positive for U.S. Hospitals and Insurers
-Rome's Municipal Politics Could Disrupt Recovery Plan
-Consolidation Will Be Positive for Kenya's Banks
-GM CDS Tighten as Recall Risks Fade, Confidence Grows
-Highlights From This Year's Global Banking Conference

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