May 11, 2023 Gas Price Movement - May 11, 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
May 11, 2023 United States: Yellen Says Debt Default Would Hurt US International Leadership Treasury Secretary Janet Yellen said failure to avoid a looming federal government default would undermine Washington’s ability to provide international leadership and defend US national security. Yellen has long warned a default could cause an “economic and financial catastrophe.” She added
May 10, 2023 United States: US Inflation Shows Signs of Moderating, Giving Fed Room to Pause US inflation showed signs of moderating in April, giving the Federal Reserve room to pause interest-rate increases soon. The consumer price index rose by 4.9% from a year earlier, the first sub-5% reading in two years, a Bureau of
May 9, 2023 United States: Stocks, Oil Slip After Weak China Data; Dollar Up: Markets Wrap US equities slumped as a debt ceiling impasse dragged on sentiment. The dollar edged higher. The S&P 500 traded down 0.5% on Tuesday while the tech-heavy Nasdaq 100 slid 0.5%. The gauges have been stuck in narrow trading ranges
May 8, 2023 United States: Biden, McCarthy Head Into Showdown as Debt Limit Crisis Nears Joe Biden and Kevin McCarthy have arrived at a crucial moment in their debt ceiling fight — a meeting that risks cementing their standoff rather than yielding a breakthrough in a crisis already unnerving markets. The president will host the
May 5, 2023 United States: Hot Jobs Report Raises Odds Fed Keeps Rates Higher for Longer The unexpected pickups in US hiring and wages last month increase chances the Federal Reserve will hold interest rates high for longer and potentially keep the door open to an 11th straight hike in June. Nonfarm payrolls rose 253,000
May 4, 2023 Gas Price Movement - May 4, 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
May 4, 2023 Effective May 4, 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 May 10, 2023, the interest rates on the main refinancing operations, the marginal lending facility, and the deposit facility
May 4, 2023 United States: US Homeowners Hold Near-Record Equity Even After Price Declines The share of US homes that are equity-rich dropped slightly in the first quarter of this year, but remained close to historic highs, according to new data from ATTOM. Some 47.2% of mortgaged homes were equity-rich — meaning that the borrower
May 1, 2023 Regulators seized First Republic Bank (FRC.N) and sold its assets to JPMorgan Chase & Co (JPM.N) on Monday, in a deal to resolve the largest U.S. bank failure since the 2008 financial crisis and draw a line under a lingering banking turmoil. First Republic was among regional U.S. lenders most battered by
