Brent Oil Brent oil prices decreased by 2.76% or US$1.94, as prices fell this week. Oil traded on April 5, 2018 at a price of $68.33 per barrel relative to US$70.27 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decrease week over week, by 0.22% (JMD$0.27). Additionally
April 6, 2018 United States: U.S. Needs China More Than China Needs the U.S. Not one to be outdone by any adversary, Donald Trump has upped the ante in a rapidly escalating trade war with China, threatening an additional $100 billion of tariffs on top of the initial round of $50 billion. In doing so,
April 5, 2018 Victoria Mutual Investments Limited (VMIL) has advised that VMIL recently raised J$1B by way of an exempt distribution arranged by Victoria Mutual Wealth Management Limited and that the terms of the bond include a fixed rate of .75% for two years, variable thereafter with a total tenure of five (5) years. The offer
Daily Market Summary 05.04.18 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 information is strictly prohibited and may be unlawful. Mayberry may
April 5, 2018 According to a recent release by Eurostat, the statistical office of the European Union, the volume of retail trade increased by 0.1% in the euro area (EA19) and by 0.2% in the EU28 for the month of February 2018, after falling by 0.3% in the euro area (EA19) for the previous month.
April 5, 2018 Untied States: U.S. Leaves Door Open to China Talks Amid Trade-War Fears The Trump administration indicated it’s willing to negotiate with China on escalating frictions between the world’s two biggest economies, helping to ease fears among investors of a tit-for-tat trade conflict. U.S. Commerce Secretary Wilbur Ross said China’s response isn’t expected
Daily Market Summary 04.04.18 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 information is strictly prohibited and may be unlawful. Mayberry may
April 4, 2018 Unemployment Unemployment rate for both euro area (EA19) and EU 28 nudged down marginally from January to February of this year, according to data published by Eurostat, the statistical institute of the Europe Union. This is the lowest rate recorded in both areas since December 2008. The euro area (EA19) unemployment rate
April 04, 2018 For the period of April 2017 to February 2018, the GOJ reported Total Revenues & Grants of $476.14 billion, $11.05 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 10.8% relative to the $429.62 billion recorded for the corresponding period in 2017. ‘Tax Revenue’, ‘Non-Tax
April 4, 2018 United States: Specter of Full Trade War Returns to Batter Stocks: Markets Wrap Fears of a trade war between the world’s two largest economies returned to haunt markets on Wednesday, sending U.S. stock futures tumbling and sinking European and Asian equities. Treasuries climbed while the dollar was steady, and gold jumped. Hopes
