March 27, 2023 Mayberry Market Summary - 27.03.2023 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
March 27, 2023 United States: US Stocks Rise as Banks Rally; Treasuries Dip: Markets Wrap US stocks rose as the banking sector bounced off recent lows on the prospect of further support from US authorities. All three major US gauges advanced as concerns over the banking sector eased. First Citizens BancShares Inc. led a
March 24, 2023 United States: Fed Swaps Fully Price Out a Rate Increase in May as Yields Slide Traders further downgraded the odds of any further rate increases by the Federal Reserve and ramped up bets on rate cuts beginning in June. Swap contracts referencing Fed meeting dates repriced to levels consistent with the
March 23, 2023 United States: Powell Stresses Commitment to Cooling Prices as Fed Hikes Rates The Federal Reserve raised interest rates at a ninth straight meeting and indicated there may be more hikes to come in a clear sign it’s confident that its bid to quell inflation won’t deepen a nascent banking crisis. The
March 22, 2023 At the 2023/24 Budget Debate on March 16, Prime Minister, the Hon. Andrew Holness informed that the Housing Agency of Jamaica (HAJ) is to undertake the development of 14,000 housing solutions out of the national target of 70,000. To date, the entity has achieved approximately 4,000 housing starts. The HAJ is
March 22, 2023 United States: Fed Caught Between Inflation and Bank Crisis All eyes in the financial and economic world will be laser-focused Wednesday on the Federal Reserve as Chair Jerome Powell tries to balance his fight against inflation against a sudden banking crisis. Powell and his colleagues began their meeting Tuesday with the
March 21, 2023 United States: Oil Prices Climb as Banking Turmoil Fades Before Fed Decision Oil advanced for a second day, with investors watching for any signs of fresh banking-industry turmoil ahead of the Federal Reserve’s rate meeting this week. West Texas Intermediate rose above $68 a barrel after swinging in a $3-plus range
March 20, 2023 United States: US Credit Crunch Raises Risk of Fed Slamming Brakes Too Hard A banking crisis in a matter of days has emerged to potentially choke off a red-hot economy, raising the odds of a recession that the Federal Reserve has been working to avoid. Rattled by runs on regional US
March 17, 2023 The Government of Jamaica acknowledges that the contribution of minimum wage earners is crucial to the success of manufacturers, hotel professionals, lawyers, doctors, and teachers in meeting the country's productivity and service targets. Against this background, the Prime Minister, the Hon. Andrew Holness at the 2023/24 Budget Debate on March 14
March 17, 2023 United States: Fed Alarms at SVB Began More Than Year Ago as Examiners Changed Just over a year before Silicon Valley Bank’s collapse threatened a generation of technology startups and their backers, the Federal Reserve Bank of San Francisco appointed a more senior team of examiners to assess the firm. They
