December 19, 2023 United States: US Housing Starts Unexpectedly Rise to a Six-Month High US new-home construction unexpectedly surged in November to a six-month high, benefiting from a dearth of existing houses on the market and suggesting the crunch in residential real estate is easing. Residential starts increased 14.8% last month to a 1.56
December 18, 2023 The Statistical Institute of Jamaica (STATIN) reported that for November 2023, the point-to-point inflation rate was +6.3%; 1.2 percentage points higher than the prior point-to-point inflation rate. However, for the month of November 2023, the inflation rate was +1.6%, the highest for the calendar year to date. The main driver of
December 18, 2023 United States: Fed’s Goolsbee Says Too Early to Declare Victory Over Inflation Federal Reserve Bank of Chicago President Austan Goolsbee said it’s too early to declare victory in the central bank’s inflation fight, and decisions on interest-rate cuts will be based on incoming economic data. “We’ve made a lot of progress
December 15, 2023 Mayberry Market Summary - 15.12.2023 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
December 15, 2023 United States: Fed’s Williams Says Talk of March Rate Cut Is ‘Premature’ New York Federal Reserve Bank President John Williams pushed back against the idea that the central bank has begun to discuss interest-rate cuts. “We aren’t really talking about rate cuts,” Williams said in an interview on CNBC. He noted
December 14, 2023 Gas Price Movement - December 14, 2023 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
December 14, 2023 United States: Fed Prepares to Shift to Rate Cuts in 2024 as Inflation Eases The Federal Reserve pivoted toward reversing the steepest interest-rate hikes in a generation after containing an inflation surge so far without a recession or a significant cost to employment. While Chair Jerome Powell said Wednesday policymakers are
December 13, 2023 The European Union’s statistical office (Eurostat) forecasts that industrial producer prices increased by 0.2% in both the euro area and EU in October 2023 relative to September 2023, wherein prices grew by 0.5% in both zones. Relative to October 2022, industrial producer prices fell by 9.4% in the euro area and
December 13, 2023 United States: US Producer-Price Inflation Cools to Below 1% as Energy Slides US producer-price gains slowed in November as energy costs declined, adding to signs that inflation pressures are abating. The producer price index for final demand was unchanged from a month earlier. Excluding food and energy, the so-called core PPI
December 12, 2023 Blue Power Group Limited (BPOW) for the six months ended October 31, 2023, reported a 9% decrease in revenue totalling $402.06 million compared to $439.67 million in the corresponding period last year. Revenue for the second quarter had an 18% decrease to close at $185.73 million compared to $225.41 million for
