September 14, 2023 United States: US Retail Sales, Producer Prices Jump on Rising Energy Costs US retail sales and producer prices both rose in August by more than forecast on higher fuel costs, limiting other spending and suggesting prices are pinching consumers and businesses. The value of total retail purchases increased 0.6% from July
September 13, 2023 United States: US Core CPI Picks Up, Keeping Another Fed Hike in Play This Year Underlying US inflation ran at a faster-than-expected monthly pace in August, leaving the door open for additional interest-rate hikes from the Federal Reserve. The so-called core consumer price index, which excludes food and energy costs, advanced
September 12, 2023 United States: Fed Is Done Raising Rates and Will Cut Them in 2024, Economists Say The Federal Reserve is done raising interest rates and will likely cut them by roughly one percentage point next year, according to chief economists at some of North America’s largest banks. While the US will probably
September 11, 2023 Blue Power Group Limited (BPOW) for the first quarter ended July 31, 2023, reported a 1% increase in revenue totalling $216.33 million compared to $214.26 million in the corresponding three months last year. Cost of sales amounted to $143.62 million (2022: $169.99 million), this represents a decrease of 16% year over
September 11, 2023 United States: The Mighty American Consumer Is About to Hit a Wall, Investors Say After staving off recession for longer than many thought possible, the US consumer is finally about to crack, according to Bloomberg’s latest Markets Live Pulse survey. More than half of 526 respondents said that personal consumption —
September 8, 2023 United States: Dollar’s Relentless Rally Set for a Boost From Higher Oil Prices Surging oil prices are set to power the next leg of the dollar rally, as the US economy benefits from its rise as an energy exporter. Strategists at firms including Societe Generale SA and State Street Trust &
September 7, 2023 Gas Price Movement - September 7, 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
September 7, 2023 United States: US Initial Jobless Claims Slide to Lowest Level Since February Applications for US unemployment benefits fell to the lowest level since February, adding to evidence of a resilient labor market. Initial jobless claims decreased by 13,000 to 216,000 in the week ended Sept. 2, Labor Department data showed Thursday.
September 6, 2023 United States: Fed Set to Double Its Economic Growth Forecast After Strong US Data The US economy has been looking so solid lately that Federal Reserve officials will probably need to double their projection for growth in 2023 when they publish an updated outlook later this month. Following a string of
September 5, 2023 Government Operations Results for July 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
