June 22, 2023 Gas Price Movement - June 22, 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
June 22, 2023 United States: Distressed US Commercial Property Assets Swell to $64 Billion Distress is spreading in the US commercial real estate industry, with the amount of troubled assets climbing to nearly $64 billion in the first quarter of this year. The amount of distressed assets rose 10% in the first three months
June 21, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 7.9% as at May 2023, up from 7.8% in April. The Consumer Prices Index (CPI) rose by 8.7%, unchanged from April. On a monthly basis, CPIH rose by 0.6% in May 2023
June 21, 2023 United States: Fed’s Powell Says Higher Interest Rates Needed to Curb Inflation Federal Reserve Chair Jerome Powell said policymakers expect interest rates will need to move higher to reduce US growth to below its long-term trend and contain price pressures, with the timing of additional increases based on incoming data. “My
June 20, 2023 United States: US Housing Starts Surge Most Since 2016, Exceed All Estimates US housing starts unexpectedly surged in May by the most since 2016 and applications to build increased, suggesting residential construction is on track to help fuel economic growth. Beginning home construction jumped 21.7% to a 1.63 million annualized rate,
June 19, 2023 United States: BlueBay Ditches Bearish Long-Bond View, Says Rates Topping Out Central banks in the US and Europe are signaling further interest rate increases but Mark Dowding, chief investment officer at RBC Bluebay Asset Management, isn’t buying it. Dowding reckons the Federal Reserve and European Central Bank have probably reached the
June 16, 2023 According to the statistical office of the European Union (Eurostat), in May 2023, the Euro area annual inflation rate was 6.1%, down from 7.0% reported in April 2023. The prior year’s rate was 8.1%. Annual inflation in the European Union was 7.1% in May 2023, down from 8.1% in April 2023. A
June 16, 2023 United States: Fed’s Barkin Comfortable Doing More to Slow Resilient US Economy Federal Reserve Bank of Richmond President Thomas Barkin said the central bank might need to tighten monetary policy further to reduce inflation and slow a resilient US economy and labor market. “I want to reiterate that 2% inflation is
June 15, 2023 Gas Price Movement - June 15, 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
June 15, 2023 Effective June 15, 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 June 21, 2023, the interest rates on the main refinancing operations, the marginal lending facility, and the deposit facility
