Economic Highlights
Date: October 31, 2018 United States: Treasury Lifts Long-Term Debt Sales for Fourth Straight Quarter The U.S. Treasury Department will raise the amount of long-term debt it sells to $83 billion this quarter, again concentrating its increases of coupon-bearing debt on securities with five years or less to maturity. In its quarterly refunding announcement on
Date: October 30, 2018 United States: U.S. Plans More China Tariffs If Trump-Xi Meeting Fails, Sources Say The U.S. is preparing to announce by early December tariffs on all remaining Chinese imports if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade war, three people familiar with the matter said.
Date: October 26, 2018 The U.S. Bureau of Economic Analysis indicated that, “Real gross domestic product (GDP) increased at an annual rate of 3.5 percent in the third quarter of 2018. In the second quarter, real GDP increased 4.2 percent.” The increase in real GDP in the third quarter was a result of positive contributions
Date: October 26, 2018 United States: U.S. GDP Grows Above-Forecast 3.5% on Consumption, Inventories The U.S. economy expanded at a 3.5 percent pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending, marking the strongest back-to-back quarters of growth since 2014. The annualized rate of gains in gross
Brent Oil Brent oil prices decreased by 2.65% or US$2.09, as prices declined this week. Oil traded on October 25, 2018 at a price of US$76.70 per barrel relative to US$78.79 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 1.52% (JMD$2.12). Additionally,
Date: October 25, 2018 United States: U.S. Stock Futures Climb; Euro Holds Gains on ECB: Markets Wrap An equities rout that wiped out the year’s gains in U.S. stocks took a breather Thursday, as futures advanced and European shares steadied, even as Asia gauges extended declines. The euro rose after the European Central Bank held
Date: October 24, 2018 United States: Stocks Open Mixed After Boeing Beats; Oil Gains: Markets Wrap U.S. stocks opened mixed as upbeat corporate results from companies including Boeing Co. helped turn the earlier gloomy mood. European stocks rallied, while Asian shares slipped even as China’s gauge climbed. The dollar strengthened as the euro slumped. The
Date: October 23, 2018 According to Eurostat, “In the second quarter of 2018, the seasonally adjusted general deficit to GDP ratio stood at 0.1% in the Euro Area (EA19), a decrease compared with 0.2% in the first quarter of 2018 and the lowest deficit since the beginning of the comparable times series (2002).” In addition,
Date: October 23, 2018 United States: U.S. Futures Tumble on Peak Profit, Trade Concerns: Markets Wrap U.S. futures extended losses, with contracts on the Dow Jones Industrial Average off more than 400 points, after results from Caterpillar and 3M added to concern that corporate profits have peaked. The yen, gold and Treasuries all rose on
Date: October 22, 2018 Please click below to view September 2018’s Monthly Economic Review. Monthly Economic Review - September 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
