March 14, 2023 United States: US Core CPI Tops Estimates, Pressuring Fed as It Weighs Hike Underlying US consumer prices rose in February by the most in five months, forcing a tough choice for Federal Reserve officials weighing still-rapid inflation against banking turmoil in their next interest-rate decision. The consumer price index, excluding food
March 13, 2023 Silicon Valley Bank (UK) Ltd as of March 13, 2023 has been sold to HSBC Silicon Valley Bank (UK) Ltd. Hongkong and Shanghai Banking Corporation (HSBC) headquartered in London, is the largest bank in Europe and is one of the world’s largest banking and financial services institutions, serving 39 million customers globally.
March 13, 2023 Weekly Picks 13.03.2023 HONBUN 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,
March 13, 2023 United States: Fed Flies Blind on Monetary Policy With Rising Risk of a 6% Rate The Federal Reserve is flying blind as it tries to bring down inflation without breaking the financial system or crashing the US into a recession. Ahead of a crucial meeting later this month, policymakers are wrestling
March 10, 2023 United States: Stocks Will Be Stuck on Fed Until a Recession Becomes Evident, BofA Says US stocks hanging on Federal Reserve policy signals are boxed in a “neurotic” trading range that will only break once economic data unambiguously point to a recession, Bank of America Corp. strategists say. The rate hikes
March 9, 2023 Gas Price Movement - March 9 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
March 9, 2023 United States: BofA Tells Rainmakers to Work on Tiny Deals During Drought Bank of America Corp., one of the few major Wall Street banks to avoid mass job cuts in recent months, has begun moving investment bankers into busier areas as the industry deals with a slowdown in dealmaking and capital
March 8, 2023 United States: US Mortgage Rates Increase for a Fourth-Straight Week US mortgage rates increased for a fourth week to the highest level since mid-November, according to the Mortgage Bankers Association. The contract rate on a 30-year fixed mortgage rose 8 basis points to 6.79%, the group said Wednesday. The group’s index
March 7, 2023 Fitch Ratings on March 7, 2023, revised the Rating Outlook on Jamaica’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) from Stable to Positive, affirming the IDRs at ‘B+’. It was highlighted that the revised Outlook reflects the notable progress with the nation’s debt reduction notwithstanding the effects of the pandemic,
Derrimon Trading Ltd. recently released its audited financials for the fiscal year ending December 31, 2022 this week. The Group's financial performance has been boosted by management's goal of establishing a diverse collection of firms, as sales and profits increased by 4% and 38%, respectively. Derrimon's M&A activity has generally been centered on food or
