Date: May 30, 2019 Daily Market Summary 30.05.19 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,
Date: May 30, 2019 United States: U.S. First-Quarter Growth Revised Down to 3.1% Pace From 3.2% U.S. economic growth last quarter was revised down by less than expected amid stronger consumption and exports than initially reported, suggesting the expansion was on relatively firm footing before President Donald Trump’s escalation of the trade war with China.
Date: May 29, 2019 United States: Treasuries Eye 2% as Trade Tension Spurs Increased Fed Cut Bets Treasuries are in the vanguard of a bull run in global bonds, bringing into sight the prospect of benchmark 10-year yields dropping to 2% for the first time since late 2016 as traders ramp up bets on monetary-policy
Date: May 28, 2019 Victoria Mutual Investments Limited (VMIL) held its 2nd annual general meeting today at the Jamaica Pegasus Hotel subsequent to being publicly listed on the Jamaica Stock Exchange on December 29, 2017. Opening remarks were made by Chairman Mr. Michael McMorris, were he commended the company on a tremendous performance in its
Date: May 28, 2019 United States: U.S. Economic Outlook Dims as Capital Goods Add to Weak Data The outlook for the U.S. economy is dimming after a report showed below-forecast business-equipment orders, adding to a string of weak data in other sectors. JPMorgan Chase & Co. cut its forecast for second-quarter economic growth to 1%
United States: U.S. Business-Equipment Orders Decline by More Than Expected Orders with U.S. factories for business equipment declined in April by more than expected in the first drop this year, signaling deepening fallout from the trade war with China even before the latest increase in tariffs. A proxy for business investment -- non-military capital goods
United States: Fed May Shed Clues on Debate Over Rate Cut: Minutes Preview Federal Reserve Chairman Jerome Powell has cautioned against the need for an interest-rate cut. A record of the U.S. central bank’s most recent meeting could reveal if policy makers in fact discussed that option. Minutes of the Federal Open Market Committee’s April
United States: QE May Be Over, But the Fed’s U.S. Debt Hoard Is About to Soar If you thought the Federal Reserve was done with quantitative easing, you might only be half right. As soon as next year, analysts say the Fed will resume large-scale buying of debt securities -- this time just U.S. Treasuries
United States: Fed’s Kaplan Says Watching Trade War Impact on Economy, Prices Federal Reserve Bank of Dallas President Robert Kaplan says trade tensions might have a chilling effect on the U.S. and global economy, and he’s also watching for the potential effects on inflation. Some end-markets may be jeopardized by the U.S.-China trade dispute, but
United States: Fed’s Williams Sees U.S. Inflation Hit From Escalating Trade War U.S. trade tariffs are already starting to push up inflation and will have a greater impact as they rise, though the U.S. economy is in a “good place” right now, according to Federal Reserve Bank of New York President John Williams. Williams said
