December 8, 2022 United States: The Federal Reserve Is Deflating Financial Bubbles, Without a Crash The Federal Reserve hasn’t had much success so far in wrestling down sky-high inflation, but its monetary tightening campaign is having a major impact in deflating asset bubbles that swelled during the pandemic. Most importantly – and surprisingly –
December 7, 2022 United States: US Mortgage Rates Fall a Fourth Week, Longest Stretch Since 2019 US mortgage rates fell for a fourth week in a row, the longest such stretch of declines since May 2019. The contract rate on a 30-year fixed mortgage eased 8 basis points to 6.41% in the week ended
December 6, 2022 United States: US Futures Waver as Rate Bets Thrown Into Doubt: Markets Wrap Markets struggled for direction Tuesday as traders weighed prospects for a slowdown in the pace of US rate hikes against data that suggest tighter policy may be needed for longer. Contracts on the S&P 500 wavered following a
December 5, 2022 United States: US Dollar Erases More Than Half of This Year’s Gains on Fed Bets The US dollar has erased more than half of this year’s gains amid growing expectations the Federal Reserve will temper its aggressive rate hikes, and as optimism grows over China’s reopening plans. The Bloomberg Dollar Spot
December 2, 2022 According to the Guyanese government, the BP International Limited of the United Kingdom (UK) will market its portion of the oil produced by the Liza Destiny and Liza Unity FPSO (floating production storage and offloading) vessels. Based on the terms of the Production Sharing Agreement, Guyana is entitled to 50% of
December 2, 2022 United States: BofA Says Sell Equities Rally Ahead of 2023 Unemployment Shock Stock investors’ optimism around a cooling labor market and a Federal Reserve pivot is overdone, according to Bank of America Corp. strategists, who recommend selling the rally ahead of a likely surge in job losses next year. “Bears (like
December 1, 2022 Mayberry Market Summary - 01.12.2022 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
Gas Price Movement - December 1, 2022 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
December 1, 2022 United States: Stocks Cheered by Powell and China; Dollar Drops: Markets Wrap Rising US stock futures signaled an extension of Wednesday’s hefty index gains fueled by China’s softer stance on Covid and confirmation of a slower rate-hiking pace from Federal Reserve Chair Jerome Powell. The dollar plumbed a three-month low. S&P
November 30, 2022 Mayberry Market Summary - 30.11.2022 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
