The Eurozone and U.S. will drive the global credit outlook this year, says Fitch’s most recent Credit Outlook Report.
Reuters reports that Fitch’s forecast for almost half of the Eurozone’s member countries remains negative, but says the group found the ECB’s OMT program earlier this year addressed near-term liquidity risks.
Read: Draghi unveils OMT; markets rejoice
Along with the U.S. being a key driver of markets, Fitch also expects banks will continue to operate the weak in a weak environment.
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