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Economic Highlights

3 01, 2019

US JOBLESS RATES DOWN IN 290 OF 388 METRO AREAS, WHILE PAYROLL BOBS INCREASE IN 54 FOR NOVEMBER

2019-01-03T18:16:10-05:00

Date: January 3, 2018 The Bureau of Labour Statistics reported that, “Unemployment rates were lower in November in 290 states, higher in 69 states and stable in 29 states when compared to last year. There were 104 areas  with jobless rates of less than 3% while only 2 areas had rates of at least 10%.”

3 01, 2019

Overseas Headlines: January 03, 2019

2019-01-03T13:32:45-05:00

Date: January 03, 2019   United States: Powell and Trump Are Locked in a Battle for Wall Street’s Trust Jerome Powell has been sucked into a one-sided communication fight with Donald Trump, who blames the Federal Reserve chairman for losses in the stock market. Powell can’t match the president’s megaphone on social media. But he

2 01, 2019

Overseas Headlines- January 02, 2019

2019-01-02T13:29:20-05:00

Date: January 02, 2019 United States:  U.S. Stock Futures Slide With European Shares After China Data U.S. stock-index futures extended declines after a gauge for manufacturing output in China fell into contraction territory for the first time since May 2017, fueling global growth concerns. March contracts on the S&P 500 Index fell as much as

31 12, 2018

Overseas Headlines- December 31, 2018

2018-12-31T15:31:10-05:00

Date: December 27, 2018: United States: Treasuries May Have to Wait Until After New Year for Resolutions Perhaps the best that can be said of a painful year across financial markets is that there’s room for improvement in 2019. It’s less clear exactly what might pull investor sentiment, and Treasury yields, off the current lows.

27 12, 2018

STATE EMPLOYMENT AND UNEMPLOYMENT — NOVEMBER 2018

2018-12-27T18:49:04-05:00

Date: December 27, 2018 The Bureau of Labour Statistics reported that, “unemployment rates were lower in November in 6 states and stable in 42 states and the District of Columbia.” Last year, there were eighteen states with jobless rate decreases and the District had little or no change. Whereas, no change was reported in the

27 12, 2018

Overseas Headlines- December 27, 2018

2018-12-27T14:34:43-05:00

Date: December 27, 2018: United States: U.S. Futures Slump Back, Denting Epic Stock Rally: Markets Wrap The biggest one-day rally in American equities since 2009 faded into memory as U.S. stock-index futures tumbled alongside European shares on Thursday. Treasuries climbed, as oil and the dollar gave up some of the previous session’s advances. Contracts on

24 12, 2018

CHL reports 17% increase in year end net profit

2018-12-24T15:56:59-05:00

Date: December 24, 2018  Cargo Handlers Limited (CHL) for the year ended September 30, 2018 reported revenues of $355.74 million, 11% higher than the $320.83 million booked in 2017.  Revenues for the quarter amounted to $75.63 million, 16% higher than the $65.39 million reported for the same quarter in 2017. The Company booked a gain

24 12, 2018

Overseas Headlines- December 24, 2018

2018-12-24T13:35:07-05:00

Date: December 24, 2018  United States: U.S. Stock Futures Decline; Treasuries, Gold Gain: Markets Wrap U.S. stock futures gave up earlier gains as investors remained on edge over the turmoil in Washington after the worst week for equities in almost a decade. The dollar fell with European and Asian shares. Futures on the Dow, S&P

21 12, 2018

U.S. Gross Domestic Product, 3rd quarter 2018 (advance estimate)

2018-12-21T17:08:31-05:00

Date: December 21, 2018 The U.S. Bureau of Economic Analysis indicated that, “the third estimate of real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the third quarter of 2018. In the second quarter, real GDP increased 4.2 percent.” The increase in real GDP, for the second estimate, was 3.5

20 12, 2018

Bank of Jamaica Lowers Policy Rate

2018-12-21T14:42:21-05:00

December 20, 2018   Bank of Jamaica announces its decision to lower the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) by 25 basis points to 1.75 per cent. Inflation This decision reflects the Bank’s most recent assessment that inflation could now fall below the lower limit of the 4.0

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