April 26, 2018 United States: Fed at Odds With Itself as It Eases Bank Rules and Raises Rates Federal Reserve policy makers seem to be working at cross purposes. In laying out plans to ease some constraints imposed on banks after the financial crisis, the Fed is moving to free up tens of billions of
April 25, 2018 United States: Powell’s Policy Gambit Bets Job Market Stays Hot, Inflation Not Federal Reserve officials are sounding increasingly confident they can run the U.S. economy hot without a harmful rise of inflation, a risky gamble for Chairman Jerome Powell with unemployment low, price pressures edging higher and fiscal stimulus about to goose
Date: April 24, 2018 Jamaica Stock Exchange (JSE): The Jamaica Central Securities Depository Limited (“JCSD”), a wholly owned subsidiary of the Jamaica Stock Exchange, has appointed Mrs. Kadyll McNaught-Hermitt as Company Secretary of JCSD and JCSD Trustee Services Limited. The appointment took effect on April 18, 2018.
Date: April 24, 2018 FosRich Company Limited (FOSRICH) has advised that a Senior Manager sold a total of 4,462 FOSRICH shares during the period March 14 to 21, 2018.
Date: April 24, 2018 Sterling Investments Limited (SIL) has advised that a Director and three connected parties purchased a total of 70,010 SIL shares under the company’s Dividend Reinvestment Programme during the period March 26 to April 13, 2018.
Date: April 24, 2018 Sagicor Group Jamaica Limited (SJ) has advised that two connected parties sold a total of 49,500 SJ shares during the period April 18 to 19, 2018.
Date: April 24, 2018 IronRock Insurance Company Limited (ROC), for the three months ended March 31, 2018 posted gross premium of $155.02 million relative $61.94 million; this represents a 150% increase year over year. Change in gross provision for unearned premiums amounted to $99.46 million compared to $42.30 million in 2017 while excess of loss premium
April 24,2018 At the end of the fourth quarter of 2017, the government debt to GDP ratio in the euro area (EA19) stood at 86.7%, compared with 88.1% at the end of the third quarter of 2017, according to Eurostat. Likewise, in the EU28, the ratio also decreased from 82.4% to 81.6%. The decrease was
April 24, 2018 United States: Bonds Steady as Dollar Rally Cools; Stocks Mixed: Markets Wrap The rise in U.S. Treasury yields appeared to stall on Tuesday, with the benchmark rate trading sideways after a selloff this week took it to within a whisker of 3 percent. Stocks in Europe struggled for traction following gains for
April 23, 2018 According to the latest report by Eurostat, in 2017, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2016. “In the euro area the government deficit to GDP ratio fell from 1.5% in 2016 to 0.9% in 2017,and in the EU28
