April 6, 2022 According to Eurostat’s recent report, the EU fourth quarter of 2021, seasonally adjusted current account balance recorded a surplus of €49.6 billion, which is 1.3% of GDP. This represents a decrease of €20 billion, from the third quarter surplus of €69.6 billion, which was 1.9% of the GDP. Also, €75.8 billion less
April 4, 2022 On April 4, 2022, the U.S Census Bureau announced that February new orders for manufactured goods declined $2.7 billion or 0.5% to $542.0 billion. This follows a 1.5% gain in January, while, shipments grew by $3.1 billion or 0.6% to $541.0 billion, up twenty-one of the prior twenty-two months. This follows a
United States: Fed Minutes to Reveal Long-Awaited Details on Balance-Sheet Plan “The Federal Reserve will unveil details of its likely plans to shrink its massive balance sheet with the release of minutes of the U.S. central bank’s March meeting, as policy makers confront the highest inflation in four decades.” https://www.bloomberg.com/news/articles/2022-04-06/fed-minutes-to-reveal-long-awaited-details-on-balance-sheet-plan?srnd=economics-vp Europe: German Factory Orders Fall
Mayberry Market Summary - 4.5.2022 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 was, is, or
United States: U.S. Trade Gap Stays Close to Record as Services Surplus Narrows “The U.S. trade deficit held close to a record in February as the merchandise shortfall shrank and the surplus in services declined, partly reflecting the impact of broadcast rights for the Olympics.” https://www.bloomberg.com/news/articles/2022-04-05/u-s-trade-deficit-stayed-close-to-a-record-in-february?srnd=economics-vp Europe: ECB Policy Normalization Still Appropriate, Schnabel Says “The
Mayberry Market Summary - 4.4.2022 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 was, is, or will
United States: Fed Seeking to Find Where ‘Phantom Menace’ Neutral Rate Sits “Federal Reserve Chair Jerome Powell and his colleagues are on the march to return ultra-loose monetary policy and accommodative financial conditions to more normal levels. The trouble is, their destination is uncertain and the terrain may be shifting as they forge forward with
Mayberry Market Summary - 1.4.2022 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 was, is, or
United States: U.S. Hiring Stays Robust as Jobless Rate Falls, Wages Pick Up “The U.S. added close to half a million jobs in March and the unemployment rate fell by more than expected, highlighting a robust labor market that’s likely to support aggressive Federal Reserve tightening in the coming months. Nonfarm payrolls increased 431,000 last
Mayberry Market Summary - 31.3.2022 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 was, is, or will be, directly
