United States: Weaponizing Dollar Risks Echo of Sterling’s Decline, Study Says “U.S. officials leveraging the dollar’s dominance as a reserve currency to wield influence should heed the lessons of the Sterling Area’s decline, according to a newly published study. The paper, released this month by the Centre for Economic History at Queen’s University Belfast, looks
April 28, 2021 The advance international trade in goods recorded a deficit of $90.6 billion in March 2021, up $3.5 billion from $87.1 billion in February 2021. Exports of goods for March were $142.0 billion, $11.4 billion more than exports reported in February. Imports of goods for March amounted to $232.6 billion, $14.9 billion more
April 28, 2021 In 2020 the unemployment rate of people aged 15-74 increased in the majority of the Nomenclature of Territorial Units for Statistics (NUTS 2) regions of the EU. It continued to vary widely across the EU regions, with the lowest unemployment rate recorded in the Polish region Wielkopolskie (1.8%), in two Czech regions: Central Bohemia
April 28, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of April 26, 2021, the outbreak of the coronavirus disease (COVID-19) had spread across the globe to six continents, and three million people had died after contracting the respiratory virus. Cases now stand at
United States: Fed to Stay Patient as U.S. Outlook Improves: Decision-Day Guide “Federal Reserve Chair Jerome Powell is expected to maintain aggressive U.S. economic support, even as faster vaccinations have brightened the outlook for recovery. The Federal Open Market Committee is all but certain to hold interest rates near zero at the conclusion of a
April 27, 2020 According to the statistical office of the European Union (Eurostat), the fourth quarter seasonally adjusted general government deficit of GDP ratio was 8.0% in euro area and 7.5% EU. Notably, “while the deficit in the fourth quarter of 2020 did not reach the record level of the second quarter of 2020, an
United States: U.S. Companies Bump Up Prices on Supply Squeeze and Demand Boom “U.S. companies face soaring bills for all kinds of materials that they need to do business -- and surging demand is helping them pass on those higher costs to their customers. In early-season earnings calls, executives from burrito chain Chipotle Mexican Grill
April 26, 2021 The government debt to GDP ratio for the fourth quarter of 2020 in the euro area was £11,107.74 billion (98.0%) relative to £11,113.29 billion (97.2%) at the end of the third quarter of 2020. It was noted that the fourth quarter was impacted by policy responses to the COVID-19 containment measures, which
April 26, 2021 Weekly Pick 26.04.21 SVL 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 of their compensation was, is,
United States: Fed to Taper Bond Buying in Fourth Quarter, Economists Say “The Federal Reserve is expected to begin trimming its $120 billion in monthly asset purchases before the end of the year as the U.S. economy recovers strongly from Covid-19, according to economists surveyed by Bloomberg. That’s a bit earlier than forecast in the
