Economic Highlights
Date: August 29, 2018 The Bank of Jamaica (BOJ) held its Quarterly Monetary Policy Press Conference today, where the Governor, Mr. Brian Wynter, spoke on the Bank’s monetary policy decision in the context of the Banks outlook for inflation and the overall economy in the current quarter against the background of the economy’s performance for
Date: August 29, 2018 United States: Trump Says U.S. to Pursue Mexico Trade Deal to Replace Nafta President Donald Trump said the U.S. is pursuing a new trade accord with Mexico to replace the North American Free Trade Agreement and called on Canada to join the deal soon or risk being left out. Trump announced
Date: August 28, 2018 BANK OF JAMAICA MAINTAINS POLICY RATE Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) unchanged at 2.00 per cent. This decision reflects the Bank’s assessment that inflation, currently below target, will rise towards the lower end of
Date: August 28, 2018 United States: Trump Focus on Mexico Trade Dashes Hope for Quick China Progress The Trump administration is putting trade negotiations with China on the back burner while focusing first on resolving issues in the North American hemisphere, reaching a breakthrough agreement between the U.S. and Mexico. The White House believes it’s important
August 27, 2018 According to the latest report published by Eurostat, the statistical office of the European Union, “Based on the operations and finances of U.S. parent companies and their foreign affiliates, worldwide employment by U.S. multinational enterprises (MNEs) increased 0.4 percent to 42.3 million workers (preliminary) in 2016 from 42.1 million (revised) in 2015.” In 2016,
Date: August 27, 2018 United States: Jobless Claims Fall for Third Week in Tight U.S. Labor Market U.S. filings for unemployment benefits fell for a third week and remain near the lowest in almost five decades, indicating a tight job market, Labor Department figures showed Thursday. While applications can be volatile from week to week,
August 24, 2018 According to the latest report published by Eurostat, the statistical office of the European Union, “In June 2018, compared with May 2018, industrial production fell by 0.7% in the euro area (EA19) and by 0.4% in the EU28.” However, in June 2018 industrial production increased by 1.4% in the euro area and
Date: August 24, 2018 United States: U.S.-China Talks Draw a Blank, Bringing Fresh Tariffs Into View The trade war between the U.S. and China is primed to escalate after their governments failed to make progress in two days of talks. The two sides had met with low expectations for this week’s meetings and no further
Brent Oil Brent oil prices increased by 4.94% or US$3.50, as prices rose this week. Oil traded on August 23, 2018 at a price of US$74.36 per barrel relative to US$70.86 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 0.08% (JMD$0.11). Additionally,
Date: August 23, 2018 Please click below to view July 2018's USA Monthly Economic Review. Monthly Economic Review - July 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
