April 20, 2023 Gas Price Movement - April 20, 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
April 20, 2023 United States: Oil Extends Drop as US Slowdown Concerns Eclipse Stockpile Draw Oil retreated for the third time in four days as further signs of a US slowdown overshadowed a substantial draw in crude stockpiles. Global benchmark Brent dropped below $82 a barrel after closing 2% lower on Wednesday. The US
April 19, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 8.9% as at March 2023 while the Consumer Prices Index (CPI) rose by 10.1%. CPIH & CPI in February 2023 were 9.2% & 10.4% respectively. The ONS highlighted, “The main drivers of
April 19, 2023 According to the statistical office of the European Union (Eurostat), in March 2023, the Euro area annual inflation rate was 6.9%, down from 8.5% reported in February 2023. The prior year’s rate was 7.4%. Annual inflation in the European Union was 8.3% in March 2023, down from 9.9% in February 2023. A
April 19, 2023 United States: US Stock Bulls Ignore 100 Years of Recessions at Their Peril The chorus of stock bulls predicting US equities will weather a recession has got it wrong, if history is any guide. Optimists say stocks hit this cycle’s low in 2022 and an economic contraction this year or in
April 18, 2023 United States: BofA Tops Estimates as Fixed-Income Traders Fuel Profits Bank of America Corp. first-quarter profit beat estimates after its fixed-income traders delivered a windfall large enough to cover the rising cost of the bank’s souring loans. Revenue from fixed-income, currencies and commodities trading unexpectedly rose almost 30% to $3.4 billion
April 17, 2023 United States: Morgan Stanley Strategist Sees US Stock Rally at Risk The rally in the S&P 500 has been driven by only a handful of stocks, putting the index at risk of fresh lows if bond yields rise, according to Morgan Stanley’s Michael Wilson — one of the most bearish voices
April 14, 2023 United States: Fed’s Waller Urges More Tightening With Inflation Far Too High Federal Reserve Governor Christopher Waller said he favored more monetary policy tightening to reduce persistently high inflation, although he said he was prepared to adjust his stance if needed if credit tightens more than expected. “Because financial conditions have
April 13, 2023 Gas Price Movement - April 13, 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
April 13, 2023 United States: US Producer Prices Fell in March by Most Since Start of Pandemic US producer prices fell in March by the most since the start of the pandemic, driven by a decline in gasoline costs that has helped slow inflationary pressures. The producer price index for final demand decreased 0.5%
