February 23, 2023 Gas Price Movement - February 23, 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
February 23, 2023 According to the statistical office of the European Union (Eurostat), in January 2023, the Euro area annual inflation rate is 8.6%, down from 9.2% reported in December 2022. The prior year that rate was 5.1%. Inflation in the European Union was 10.0% annually in January 2023, down from 10.4% in December. 5.6%
February 23, 2023 United States: Fed’s Williams Says 2% Inflation Goal Key to Taming Prices Federal Reserve Bank of New York President John Williams said it’s critical the US central bank remain committed to its 2% inflation goal, and emphasized monetary policy must bring supply and demand into better balance to lower inflation. “At
February 21, 2023 The Bank of Jamaica's Monetary Policy Committee has decided to increase the domestic and foreign currency Cash Reserve Requirements (CRRs) applicable to deposit-taking institutions (DTIs) by 1 percentage point to underpin the return of inflation to the target range of 4.0 to 6.0 per cent. DTIs are now required to hold a
February 21, 2023 According to England’s ONS (Office of National Statistics) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 8.8% as at January 2023 while the Consumer Prices Index (CPI) rose by 10.1%. CPIH & CPI in December 2022 was 9.2% & 10.5% respectively. Consumer price inflation estimates suggested that the
February 21, 2023 United States: Goldman Sees Fed Hiking by Further 75 Points on Stronger Growth The Federal Reserve will raise interest rates by a quarter-percentage point at its March, May and June meetings in response to a stronger economic expansion, according to Jan Hatzius at Goldman Sachs Group Inc. “The recent numbers have
February 20, 2023 Weekly Picks 20.02.2023 LASD 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,
February 20, 2023 United States: Fed’s Preferred Inflation Gauges Seen Running Hot The Federal Reserve’s preferred inflation gauges this week, along with a groundswell of consumer spending, are seen fomenting debate among central bankers on the need to adjust the pace of interest-rate increases. The US personal consumption expenditures price index is forecast to
February 17, 2023 General Accident Insurance Company Limited (GENAC), for the year ended December 31, 2022 reported gross premium written of $15.11 billion, 8% higher than the $13.96 billion reported for 2021. Reinsurance ceded also rose by 8% to close at $11.33 billion relative to $10.49 billion booked in 2021. Excess of loss reinsurance trended
February 17, 2023 United States: Dollar Erases Loss for Year as Bets on Bigger US Rate Hikes Grow The dollar advanced against all major peers Friday, with a gauge of the currency wiping out its losses for the year, on growing bets for more Federal Reserve rate hikes. The Bloomberg Dollar Spot Index climbed
