December 12, 2019 Brent Oil Brent oil prices increased by 1.45% or US$0.92, as prices increased this week relative to the prior week. Oil traded on December 12, 2019 at a price of US$64.31 per barrel relative to US$63.39 on December 05, 2019. Brent oil began the year at US$55.95 per barrel. Petrojam prices 87
December 12, 2019 United States: Trump Keeps China Planners Guessing on Trade War’s Next Steps “Chinese leaders who gathered in Beijing this week to chart a course for economic policy next year are used to doing so with precision, right down to the percentage point. At the confab — a byproduct of Communist central planning — President
Date: December 11, 2019 Sagicor Group Jamaica Limited (SJ) has advised that three Executives sold a total of 46,139 SJ shares during the period December 4 to 9, 2019. SJ has also advised that Sagicor Financial Corporation Limited (SFCL) and Alignvest Acquisition II Corporation (AQY) have completed the business combination transaction involving the transfer of
Date: December 11, 2019 Based on the latest information received by the Federal Open Market Committee (FOMC) since October, the FOMC has noticed the labour market remained strong, whilst economic activity has been rising at a solid rate. According to the FOMC, “on average, in recent months, job gains have been strong and the unemployment
December 11, 2019 The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% for November 2019 after increasing in October, on a seasonally adjusted basis according to U.S. Bureau of Labor Statistics (BLS). The all items index increased 2.1% before seasonal adjustment over the last year. BLS stated, “increases in the shelter and energy
Date: December 11, 2019 Bank of Jamaica (BOJ) wishes to advise that effective 13 December 2019, it will no longer exchange cotton-based TT$ 100 banknotes at its banking counter. This decision has been taken in a context where the Central Bank of Trinidad and Tobago has advised that effective 31 December 2019, these notes will
Date: December 11, 2019 Key Insurance Company Limited’s (KEY) advisory: “Key Insurance Company Limited advises its shareholders and other stakeholders that Items A(1), (2), (3), (4) and B of the Directors’ Resolution on 2 December 2019 as regards the proposed Rights Issue were withdrawn and therefore were not considered by the shareholders at the Extraordinary
Date: December 11, 2019 United States: Fed Dots May Yield Clue on Split Over Pause: Decision Day Guide “While Jerome Powell is expected to reinforce the signal that policy is on hold at the central bank’s meeting on Wednesday, some of his colleagues may be looking ahead to when they should hike again. The Federal
December 10, 2019 Palace Amusement Company Limited (PAL) held their Annual General Meeting (AGM) on December 10, 2019 at 1A South Camp Road. Chairman, Mr. Douglas Graham, highlighted that the Company’s performance for the 2018 financial year was better than 2019 financial year due to 2018 being a peculiar year with numerous record-breaking shows as
Date: December 10, 2019 SSL Venture Capital Jamaica Limited (SSLVC) has advised of the following appointments to the Board of Directors of the Company effective December 2, 2019: Mr. Brent Ciurlino Mr. John Jackson Ms. Christine Birch SSLVC has advised that the Directors listed above are non-executive and independent. Analyst Certification -The views expressed in
