May 5, 2023 United States: Hot Jobs Report Raises Odds Fed Keeps Rates Higher for Longer The unexpected pickups in US hiring and wages last month increase chances the Federal Reserve will hold interest rates high for longer and potentially keep the door open to an 11th straight hike in June. Nonfarm payrolls rose 253,000
May 4, 2023 Mailpac Group Limited (MAILPAC) has advised that its Board will convene a meeting on Wednesday, May 10, 2023, to consider a dividend proposal. 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
May 4, 2023 Consolidated Bakeries (Jamaica) Limited (PURITY) has advised that a Director purchased 195,000 PURITY shares on April 14, 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
May 4, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for April 28, 2023, was J$15.25. MJE’s last traded price on April 28, 2023 was $11.30. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
May 4, 2023 Gas Price Movement - May 4, 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
May 4, 2023 The Federal Reserve (Fed) has decided to implement the monetary policy stance announced by the Federal Open Market Committee (FOMC) in its statement on May 3, 2023. Effective May 4, 2023, the interest rate paid on reserve balances will increase to 5.15%, the primary credit rate will increase by a quarter
May 4, 2023 Effective May 4, 2023, the Governing Council took the decision to raise the three key interest rates set by the European Central Bank (ECB) by 25 basis points. As a result, starting on May 10, 2023, the interest rates on the main refinancing operations, the marginal lending facility, and the deposit facility
May 4, 2023 United States: US Homeowners Hold Near-Record Equity Even After Price Declines The share of US homes that are equity-rich dropped slightly in the first quarter of this year, but remained close to historic highs, according to new data from ATTOM. Some 47.2% of mortgaged homes were equity-rich — meaning that the borrower
May 1, 2023 Regulators seized First Republic Bank (FRC.N) and sold its assets to JPMorgan Chase & Co (JPM.N) on Monday, in a deal to resolve the largest U.S. bank failure since the 2008 financial crisis and draw a line under a lingering banking turmoil. First Republic was among regional U.S. lenders most battered by
May 3, 2023 The Jamaica Employers’ Federation (JEF) President, David Wan, is expecting the Central Bank to lower the policy interest rate on deposit-taking institutions' overnight placements following the latest inflation rate out-turn, which is within touching distance of the Bank of Jamaica’s (BOJ’s) target range of 4% to 6%. This perspective is in
