Economic Highlights
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
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,
Date: January 23, 2018 Please click below to view December 2018’s Monthly Economic Review. Monthly Economic Review - December 2018 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
United States: Fed to Probe Deutsche Bank Over Suspicious Danske Cash The Federal Reserve is examining how Deutsche Bank AG handled billions of dollars in suspicious transactions from Denmark’s leading lender, according to people familiar with the matter, further intensifying what could be one of the biggest money-laundering scandals ever. The Fed’s probe is in
Date: January 22, 2018 Please see attached USA Monthly Economic Review. USA Economic Review - December 2018 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)
Date: January 22, 2018 Today, The Jamaica Chamber of Commerce announced the results of the 2018 4th Quarter Business and Consumer Confidence Indices at the JCC Secretariat. The presentation was led by Mr. Don Anderson – Managing Director, Market Research Services Ltd. Business Confidence Index According to the Survey of Business Confidence Fourth Quarter 2018
Date: January 22, 2019 United States: BofA's Moynihan Predicts Another Round of U.S. Bank Mergers Bank of America Corp. Chief Executive Officer Brian Moynihan predicted another round of consolidation in the U.S. that could lead to the emergence of a new competitor. The Charlotte, North Carolina-based lender, which controls about 13 percent of the U.S. retail
United States: U.S.-China Trade Talks Falling Short on Make-Or-Break IP Issues Ever since negotiators from the U.S. and China sat down in Beijing after a Christmas meltdown in global markets, President Donald Trump has sought to calm investors and claim his trade talks are making great strides. But that glosses over a more uncomfortable reality.
