United States: U.S. Treasury Set to Borrow $1 Trillion for a Second Year to Finance the Deficit The U.S. Treasury Department is set to maintain elevated sales of long-term debt to finance the government’s widening budget deficit, with new issuance projected to top $1 trillion for a second-straight year. Many strategists at primary-dealer firms predict
Date: January 25, 2019 At NCBFG’s first investor briefing for the 2019 calendar year, NCBFG’s President and Group Chief Executive Officer, Mr. Patrick Hilton, briefly outlined their strategic outlook for 2019. NCBFG’s Group Chief Financial Officer and Deputy Chief Executive Officer, Mr. Dennis Cohen gave a brief review of the Group’s record performance in 2018,
NCB Financial Group Limited (NCBFG) has declared an interim dividend of $0.90 per share payable on February 22, 2019 to shareholders on record as at February 8, 2019. The ex-dividend date is February 7, 2019.
January 25, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:
Date: January 25, 2019 Net interest income for the three months ended December 31, 2018 increased by 30%, relative to 2017, to total $9.85 billion (2017: $7.55 billion). The Group stated that, “The increase was fuelled by a 22% growth in National Commercial Bank Jamaica Limited’s (NCBJ’s) loan portfolio which resulted in a 16% rise
United States: State of Play: U.S.-China Trade Negotiations `Miles' From Deal We’re about five weeks away from a deadline for the U.S. to escalate tariffs on $200 billion of Chinese goods if no breakthrough deal on trade relations is reached. Following a round of negotiations in Beijing in early January, Chinese Vice Premier Liu He
Brent Oil Brent oil prices decreased by 0.08% or US$0.05, as prices fell this week relative to the prior week. Oil traded on January 24, 2019 at a price of US$61.13 per barrel relative to US$61.18 on January 17, 2019. Brent oil began the year at US$53.80 per barrel. Petrojam prices 87 Octane prices increased
Daily Market Summary 24.01.19 Disclaimer: 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, or will be,
January 24, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:
United States: U.S. Jobless Claims Fall to 49-Year Low Despite Federal Shutdown Filings for U.S. unemployment benefits fell last week to the lowest level since 1969, signaling the labor market remains tight despite the partial federal-government shutdown. Jobless claims declined 13,000 to 199,000 in the week ended Jan. 19, bucking economist forecasts for an increase,
