June 13, 2022 During 2021, the asset quality of euro area banks improved while stocks of non-performing loans (NPLs) continued downward and inflows into riskier asset stages slowed. In the fourth quarter of 2021, the aggregate NPL ratio reached its lowest level since 2008, which was 2.1% of total loans or 58 basis points lower
June 9, 2022 For May 2022, the European Central Bank (ECB) reported that the global economy continued to be affected by the Russia-Ukraine war. The effects of the invasion caused some repricing in global financial markets and further depleted the confidence of businesses and consumers despite the lifting of the tight restrictions, which were imposed
June 8, 2022 BOJ has reported that Jamaica’s Net International Reserves as at May 31, 2022 stood at US$3,757.29 million, reflecting an increase of US$23.15 million when compared to the US$3,734.14 million reported at the end of April 2022. Foreign Assets totalled US$4,374.91 million, US$17.44 million more than the US$4,357.47 million reported in April 23022.
June 2, 2022 Government Operations Results for April 2022 For the period of April 2022, the GOJ reported Total Revenues & Grants of $50.68 billion, $2.91 billion more than the Government’s projection. This represented a decline of approximately 33% relative to the $75.73 billion recorded for the corresponding period in 2021. ‘Non-Tax Revenue’, ‘Capital Revenue’
United States: US Rivals Shunning Dollar Lifts Yuan-Ruble Trading by 1,067% “The emerging multi-polar world now includes foreign-exchange markets -- as China and Russia, the biggest challengers to U.S. supremacy, boost direct trading between their currencies. Monthly volumes on the ruble-yuan pair have surged 1,067% to almost $4 billion since the start of the war
May 27, 2022 According to the Bureau of Economic Analysis, B.E.A.)“second” estimate, real gross domestic product (GDP) decreased at an annual rate of 1.5% in the first quarter of 2022. Real GDP increased by 6.9% in the fourth quarter of 2021. The GDP estimate released on May 26, 2022 is based on a more complete
May 25, 2022 Monthly Economic Review - April 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
United States: Fed to Plow Ahead on Half-Point Hikes, Undeterred by Stock Slump “Don’t count on Federal Reserve Chair Jerome Powell to ride to the rescue of a faltering stock market -- at least not yet. Kansas City Fed President Esther George said Thursday that the market rout was no surprise in light of the
May 19, 2022 According to England’s ONS (Office of National Statistics) the Consumer Prices Index including owner occupiers' housing costs (CPIH) rose to 7.8% as at April 2022 while the Consumer Prices Index (CPI) rose to 9.0%. CPIH & CPI in March 2022 was 6.2% & 7% respectively. Since April 2021, the largest upward contributions
USA Economic Review - April 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
