Date: December 20, 2018 Please click below to view November 2018’s Monthly Economic Review. Monthly Economic Review - November 2018 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
Date: December 19, 2018 United States: Fed Seen Making Dovish Hike With 2019 Pause: Decision Day Guide U.S. central bankers meeting in Washington are expected to raise interest rates a fourth time this year, brushing aside pressure from President Donald Trump, while signaling a slower approach to their gradual rate hike campaign in 2019. The
Date: December 18, 2018 Consumer Price Index – November 2018 The consumer price index for the month of November 2018 was 0.0%, following the 0.7% increase in October 2018, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of November remained at 257.4, relative to the 257.4 reported for
Date: December 18, 2018 United States: Trump Warns Fed Not to Make ‘Mistake’ Ahead of Likely Rate Hike President Donald Trump issued a fresh appeal to the Federal Reserve to avoid making “yet another mistake” just hours before the U.S. central bank starts a two-day meeting at which it’s widely expected to raise interest rates.
Date: December 13, 2018 United States: U.S. Futures, Europe Stocks Pare Gain; Bonds Rise: Markets Wrap U.S. equity futures and European shares surrendered early gains as investors weighed the latest developments in America-China trade relations. The euro edged up and bonds stayed higher as the ECB confirmed an end to its asset purchase program. Futures
Date: December 12, 2018 United States: Fed Bond Losses, China Trade Damage, RBI Newcomer: Eco Day Good morning Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your day started: Federal Reserve is piling up unrealized losses on its $4.1 trillion bond portfolio, raising questions about its finances at a politically
Date: December 12, 2018 The Palace Amusement Company Limited held its annual general meeting today, located at its headquarters on South Camp Road. The meeting commenced with Chairman, Mr. Douglas Graham highlighting that the 2018 financial year was a remarkable one, and possible one hard to beat. During the course of the year, he also
Date: December 12, 2018 Jamaica’s Net International Reserves (NIR) totaled US$2,899.06 million as at November 2018, reflecting a decrease of US$26.27 million relative to the US$2,925.33 million reported as at the end of October 2018 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$34.93 million to total US$3,425.13 million
Date: December 10, 2018 United States: Federal Reserve Officials Search for the Elusive ‘Neutral’ Interest Rate The word “neutral” is usually as boring as beige. But not when it’s coupled with “interest rate.” Stocks leaped on Nov. 28 when Federal Reserve Chairman Jerome Powell opined that short-term interest rates were just below their “neutral” range.
Date: December 6, 2018 For the year ended September 30,2018 Scotia Group Jamaica Limited’s (SGJ) net interest income declined by 5% to $25.21 billion, falling from $26.64 billion for the corresponding period in 2017, while interest expenses declined by 26% to total $3.20 billion (2017:$4.32 billion). Interest income for the year decreased from $30.97 billion in
