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- Fitch: no direct impact on Asia-Pacific sovereigns, no bank ratings impact from Brexit
Fitch: no direct impact on Asia-Pacific sovereigns, no bank ratings impact from Brexit
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UK's vote to leave European Union has no immediate direct ratings impact on Asia-Pacific. sovereigns or banks.
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Spike in political uncertainty in UK - and resulting effects on investor risk appetite - could pose greatest challenges for Asia in short term.
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Brexit will add to short-term challenges for japan to escape deflation as well as raise risks to export sector.
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Direct impact from UK trade on Asian economies is also likely to be limited.
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Emerging Asia will remain fastest-growing global region.
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China is likely to remain a much more significant driver of economic outcomes in APAC than Brexit.
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US Fed slowing pace of its rate increases, could play a key role in calming markets.
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