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Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

Overseas Headlines – April 27, 2022

United States:

U.S. Homebuilders Urge Biden to Help Cut Costs for Market in ‘Extreme Duress’

“The biggest U.S. housing industry group urged President Joe Biden to help reduce the cost of homebuilding, saying soaring prices and rising mortgage rates are putting the market “under extreme duress” and driving ownership out of reach for many Americans.”

https://www.bloomberg.com/news/articles/2022-04-27/u-s-home-builders-seek-biden-aid-for-market-in-extreme-duress?srnd=premium 

 

Europe:

Ukraine Latest: EU Warns on Ruble Payments as Firms Mull Options

“Russia said it stopped natural gas flows to Poland and Bulgaria, making good on a threat to cut off buyers if they refuse Russian President Vladimir Putin’s demand to pay in rubles.”

https://www.bloomberg.com/news/articles/2022-04-27/ukraine-latest-russia-says-it-cut-gas-flows-to-poland-bulgaria?srnd=premium-europe

 

Asia:

Indonesia Adds to Global Food Shock With Widened Palm Export Ban

“Indonesia the world’s biggest edible oils shipper, will widen an export ban to include crude palm oil, adding to uncertainty in a market that’s suffered dizzying price swings and threatening to worsen global food inflation.”

https://www.bloomberg.com/news/articles/2022-04-27/indonesia-to-halt-crude-palm-oil-exports-in-expanded-ban?srnd=premium-asia 

 

 

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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