Overseas Headlines – July 14, 2022

July 14, 2022

 

United States:

Citi Now Sees a 100 Basis-Point Fed Rate Hike in July as Likely

Citigroup Inc. economists now see a 100 basis-point rate increase as the most likely outcome when the Federal Reserve meets in late July, following data that showed US consumer inflation accelerated to a fresh four-decade high.

https://www.bloomberg.com/news/articles/2022-07-14/citi-now-sees-a-100-basis-point-fed-rate-hike-in-july-as-likely?srnd=markets-vp#xj4y7vzkg

Europe:

ECB Is Judged as Acting Late After Its Long Goodbye to Low Rates

The European Central Bank’s much-heralded interest-rate hike will arrive too late, according to most economists in a Bloomberg survey.

https://www.bloomberg.com/news/articles/2022-07-14/ecb-is-judged-as-acting-late-after-its-long-goodbye-to-low-rates?srnd=markets-vp#xj4y7vzkg

Asia:

India Bonds Will Suffer Most in Asia in a US Recession Scenario

US recession risks are reverberating across the emerging Asian debt complex and nowhere is this more apparent than in Indian sovereign bonds.

https://www.bloomberg.com/news/articles/2022-07-14/india-bonds-will-suffer-most-in-asia-in-a-us-recession-scenario#xj4y7vzkg

 

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 affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
shutterstock_148562033
April 17, 2026   Jamaica Producers Group Limited (JP) has advised that a connected party sold 1,986,325 JP shares and a Director purchased …
shutterstock_453968572
April 17, 2026 United States: US Plans 4,000-Acre Hub in Philippines to Boost Supply Chains   The US said it plans to help build a first-o…
MIL
April 17, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for April 8, 2026, was J$6.94. MJE’s closi…
MIL
April 17, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for April 7, 2026, was J$6.92. MJE’s closi…
Fallback Logo
April 16, 2026   MAYBERRY JAMAICAN EQUITIES (MJE) has advised that a connected party purchased 13,493 MJE shares on April 15, 2026. &nbs…
shutterstock_148562033
April 16, 2026   Sagicor Group Jamaica Limited (SJ) has advised that the Trustee of Sagicor Long Term Incentive Plan sold 5,777,151 SJ shar…
shutterstock_148562033
April 16, 2026   Supreme Ventures Limited (SVL) has advised that on April 15, 2026, a connected party purchased 50,000 SVL shares. &nbsp…
MIL
April 16, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for April 2, 2026, was J$7.20. MJE’s closi…