October 02, 2024 United States: US Hiring in ADP Data Rebounds After Five Months of Easing Hiring at US companies picked up in September, snapping a five-month stretch of slower payrolls growth. Private payrolls increased 143,000 last month after an August advance that was the weakest since March 2023, according to the ADP Research Institute

October 01, 2024 United States: US Funding-Market Volatility Fuels Spike in Key SOFR Benchmark A key rate underlying the US financial system jumped sharply at the end of September, an indication that volatility surrounding the end of the quarter has returned. The Secured Overnight Financing Rate — an important one-day lending benchmark linked to activity

September 28, 2024 United States: US Stocks Slip as Risk-On Mood Put on Pause: Markets Wrap US stocks and bonds slumped as traders awaited key data on the American labor market due Friday to gauge its impact on the scope of further Federal Reserve interest-rate cuts. S&P 500 edged down 0.09% with Ford Motor Co.

September 27, 2024 United States: Bonds Rise as Mild Inflation Backs Case for Another Big Fed Cut Treasuries gained as a modest rise in the Federal Reserve’s favored measure of underlying US inflation reinforced trader expectations for another large interest-rate cut in November. The advance in US bonds on Friday pushed yields lower by at

September 26, 2024 United States: US Post-Pandemic Economic Growth Revised Higher in Annual Update The US economy bounced back from the pandemic in stronger shape than previously estimated, spurred mainly by bigger consumer-fueled growth, according to revised government data. The comprehensive annual update from the Bureau of Economic Analysis showed a 5.5% average inflation-adjusted increase

September 25, 2024 United States: US Mortgage Rates Fall Again, Triggering Big Wave of Refinancing Applications to refinance mortgages surged for a second week as more Americans capitalized on the cheapest borrowing costs in two years. The Mortgage Bankers Association’s refinancing index jumped 20.3% in the week ended Sept. 20 to the highest level since

September 24, 2024 United States: Bowman Says Fed Must Keep Eye on Inflation, Upside Risks Remain Federal Reserve Governor Michelle Bowman said the central bank should lower interest rates at a “measured” pace, arguing that inflationary risks remain and that the labor market has not shown significant weakening. “Turning to the risks to achieving our

September 23, 2024 Gas Price Movement - September 19, 2024   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

September 23, 2024 United States: Fed’s Bostic Says Large Cut Bolsters Labor Market, Pace Not Set Federal Reserve Bank of Atlanta President Raphael Bostic said starting the central bank’s cutting cycle with a large move will help bring interest rates closer to neutral levels as the risks between inflation and employment become more balanced. But

September 20, 2024 United States: Fed’s Relaxed Bank-Capital Plan Faces Bipartisan FDIC Pushback A plan to dial back US regulators’ landmark bank-capital proposal is running into a wall of resistance at the Federal Deposit Insurance Corp. At least three of five FDIC directors oppose the latest overhaul previewed by the Federal Reserve last week, according