February 3, 2023 The Bank of England’s Monetary Policy Committee (MPC) at its February 1, 2023 meeting voted to increase Bank Rate by 0.5 percentage points, to 4%, as opposed to maintaining the Bank Rate at 3.5%. The MPC sets monetary policy to meet the 2% inflation target, to aid in sustaining growth and employment.
February 3, 2023 For three months ended December 31, 2022, NCB Financial Group Limited (NCBFG) net interest income increased by 5%, relative to 2021, to total $17.04 billion (2021: $16.28 billion). Interest income for the first three months closed at $25.85 billion, 17% above the $22.11 billion reported corresponding period ended December 31, 2021. Interest expense year over year rose
February 3, 2023 United States: US Futures Drop; Yields Climb After Jobs Data: Markets Wrap US equity futures declined after the January jobs report pointed to a hot labor market, highlighting that the Federal Reserve has more room to keep raising rates. Futures on the S&P 500 and the Nasdaq 100 declined after data
February 2, 2023 Gas Price Movement - February 2, 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 2, 2023 United States: US Labor Market Seen Cooling, But Not Nearly Enough for Fed US hiring likely continued to moderate at the start of the year, though still-solid wage growth, an unemployment rate near historical lows and high vacancies are seen stiffening the Federal Reserve’s resolve to keep rates elevated for some
February 1, 2023 Jamaican Teas Limited (JAMT) reported a 9% increase in revenues to total $2.47 billion (2021: $2.27 billion). For the quarter, revenues amounted to $649.76 million (2021: $520.36 million). Cost of sales increased by 12% to $1.93 billion (2021: $1.72 billion). Hence, gross profit fell 2% to $543.00 million (2021: $553.30 million). For
February 1, 2023 Government Operations Results for December 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
February 1, 2023 United States: Fed Expected to Slow Rate Hikes in Signal Work’s Not Over Federal Reserve officials look set to moderate interest-rate increases again, with Chair Jerome Powell keeping further hikes on the table while leaning against bets they will cut later this year. The policy-setting Federal Open Market Committee is widely expected
January 31, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for January 30, 2023, was J$15.06. MJE’s last traded price on January 30, 2023 was $12.50. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
January 31, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for January 27, 2023, was J$14.98. MJE’s last traded price on January 27, 2023 was $13.10. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
