March 9, 2023 GDP growth in the euro area and the EU According to an estimate released by Eurostat, the European Union's statistical office, seasonally adjusted GDP declined by 0.1% in the EU and stayed steady in the euro area in the fourth quarter of 2022 compared to the prior quarter. GDP in the EU
March 9, 2023 Gas Price Movement - March 9 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
March 9, 2023 United States: BofA Tells Rainmakers to Work on Tiny Deals During Drought Bank of America Corp., one of the few major Wall Street banks to avoid mass job cuts in recent months, has begun moving investment bankers into busier areas as the industry deals with a slowdown in dealmaking and capital
March 8, 2023 According to the statistical office of the European Union (Eurostat), the euro area seasonally-adjusted unemployment rate was 6.7% down from 6.9% in January 2023 and constant compared to December 2022. Additionally, it was reported that in EU unemployment rate was 6.1% in January 2023, also stable compared with December 2022 and down
March 8, 2023 United States: US Mortgage Rates Increase for a Fourth-Straight Week US mortgage rates increased for a fourth week to the highest level since mid-November, according to the Mortgage Bankers Association. The contract rate on a 30-year fixed mortgage rose 8 basis points to 6.79%, the group said Wednesday. The group’s index
March 7, 2023 United States: Oil Pares Gains as Dollar Rises Ahead of Fed Chair Testimony Oil dipped ahead of testimony from Federal Reserve Chair Jerome Powell that will provide clues on the path forward for monetary tightening. West Texas Intermediate traded below $80 a barrel after advancing for five sessions, while the dollar
March 6, 2023 United States: US Banks Are Finally Being Forced to Raise Rates on Deposits US banks are being forced to do something they haven’t done for 15 years: fight for deposits. After years of earning next to nothing, depositors are discovering a trove of higher-yielding options like Treasury bills and money market
March 3, 2023 United States: Fed Says More Rate Hikes Are Needed to Curb Inflation The Federal Reserve said that further interest-rate hikes would be required to restore price stability. “The committee is strongly committed to returning inflation to its 2% objective,” the Fed said in its semi-annual report to Congress released Friday. Officials expect that
March 2, 2023 Gas Price Movement - March 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
March 2, 2023 United States: Elizabeth Warren Wants Biden’s Next Fed Pick to Counter Powell’s ‘Extreme’ Rate Hikes President Joe Biden’s choice for Federal Reserve vice chair will signal where he stands on combating inflation — and whether he agrees with restive progressives worried that the central bank’s rate increases will lead to job
