Date: June 29, 2018 United States: Beaten-Up U.S. Corporate Debt Is Enticing Few Bargain Hunters Blue-chip corporate bonds are on track to be the worst-performing U.S. asset class this year, and money managers caution that it may be too soon to start looking for bargains. The strong economy is triggering fears of rising inflation and unexpectedly
Date: June 28, 2018 Brent Oil Brent oil prices increased by 5.41% or US$3.97, as prices rose this week. Oil traded on June 28, 2018 at a price of $77.41 per barrel relative to US$73.44 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week,
Date: June 28, 2018 United States: Powell Wants ‘Real Economy’ to Guide Fed Federal Reserve Chairman Jerome Powell is testing the economy’s room to run. It’s a strategy that contains both big benefits and risks for ordinary Americans and is causing excitement, tinged with caution, inside the central bank. Take Fed treatment of one of its
Date: June 27, 2018 United States: S&P Affirms U.S. Rating, Expects Last-Minute Debt Fixes to Continue S&P Global Ratings affirmed the U.S.’s sovereign credit score at AA+, the assessor’s second-highest grade, citing the country’s “diversified and resilient economy” while noting the impact of ongoing political wrangling on public finances. S&P kept a stable outlook on the
Date: June 26, 2018 Key Insurance Company Limited (KEY) held its 2nd Annual General Meeting today at the Spanish Court Hotel. Opening remarks were made by Chairman, Mrs. Natalia Gobin-Gunter, where she reported on the positive performance of the Company for the year ended December 31, 2017. She highlighted the Company boasted revenues of $1.4
June 26, 2018 United States: Trade Tensions Rattle U.S. Stocks, Dollar Weakens: Markets Wrap Escalating trade tensions sent U.S. stocks to the steepest drop since early April, as President Donald Trump’s threats of more protectionism against major partners were met with Chinese and European vows of retaliation. The S&P 500 Index fell 1.4 percent, though
June 25, 2018 Please click below to view today’s featured stock. Weekly Picks 25.06.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this
Date: June 25, 2018 United States: U.S. Plans Curbs on Chinese Investment, Citing Security Risk The Treasury Department is planning to heighten scrutiny of Chinese investments in sensitive U.S. industries under an emergency law, putting Washington’s trade war with Beijing on a potentially irreversible course. Under the plan, the White House would use one of
