Trade Sheet: Friday March 6, 2020
Rochelle Muncey 2020-03-06T14:38:51-05:00
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U.S. Unemployment Rate was little changed at 3.5% in February
Rochelle Muncey 2020-03-06T14:29:11-05:00March 06, 2020 Total nonfarm payroll employment increased by 273,000 in February, as the rate of unemployment was little changed at 3.5%, according to a report by the U.S. Bureau of Labour Statistics. Gains were reported in the following; Health care and social assistance, food services and drinking places, government, construction, professional and technical services,
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03, 2020
Overseas Headlines- March 06, 2020
Rochelle Muncey 2020-03-06T11:59:35-05:00March 06, 2020 United States: U.S. Jobs Engine Braces for Virus Hit After Steady February “America’s streak of robust job gains is being threatened by a spreading coronavirus that’s roiling financial markets and may exact a growing toll on the U.S. economy. Friday’s employment report is projected to show payrolls increased 175,000 in February, below
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03, 2020
Gas Price Movement-March 5, 2020
Rochelle Muncey 2020-03-05T15:48:17-05:00March 5, 2020 Brent Oil Brent oil prices decreased by 14.21% or US$8.27, as prices fell this week relative to the prior week. Oil traded on March 05, 2020 at a price of US$49.91 per barrel relative to US$58.18 on February 27, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
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U.S. Productivity climbed 1.2% in fourth-quarter 2019
Rochelle Muncey 2020-03-05T14:58:43-05:00March 5, 2020 Nonfarm Business Sector Nonfarm business sector labour productivity inched up 1.2% in the fourth quarter of 2019 as output rose 2.4% and hours worked climbed 1.2%. Year over year, the fourth quarter of 2018 to the fourth quarter of 2019, productivity grew 1.8%, resulting in a 2.6% increase in output and a
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Overseas Headlines- March 05, 2020
Rochelle Muncey 2020-03-05T08:57:22-05:00March 05, 2020 United States: Le Maire Warns Against EU-U.S. Trade Escalation Given Virus Hit “French Finance Minister Bruno Le Maire said it’s even more important for Europe and the U.S. to solve its trade dispute given the threat to the global economy from the coronavirus. He told a French senate hearing that an escalation of tariffs
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BPOW reports 34% decline in nine months net profits
Rochelle Muncey 2020-03-04T13:51:22-05:00March 04, 2020 BPOW for the nine months ended January 31, 2020 revenues declined by 10% to $342.46 million relative to $380.60 million recorded in 2019. For the third quarter, revenue marginally increased 1% from $110.20 million in 2019 to $111.03 million in 2020. Management highlighted, “Blue Power Group’s revenue is now derived from
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Overseas Headlines- March 04, 2020
Rochelle Muncey 2020-03-04T13:52:14-05:00March 04, 2020 United States: U.S. Steel Mill Finds a Savior in China But Rivals See a Trojan Horse “Along the industrial corridor that bends with the Ohio River north and west of Pittsburgh, the future looked bright for hundreds of new blue-collar jobs when Allegheny Technologies Inc. and China’s Tsingshan Holding Group Co. announced they
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