Date: June 29, 2018 United States: Beaten-Up U.S. Corporate Debt Is Enticing Few Bargain Hunters Blue-chip corporate bonds are on track to be the worst-performing U.S. asset class this year, and money managers caution that it may be too soon to start looking for bargains. The strong economy is triggering fears of rising inflation and unexpectedly
Daily Market Summary 28.06.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may
June 28, 2018 Caribbean Flavours and Fragrances Limited (CFF) has advised that effective June 30, 2018, the financial year-end of the Company will be changed from June 30 to December 31.
June 28, 2018 Seprod Limited (SEP) has advised that the Board of Directors, at a meeting scheduled for July 9, 2018, will consider the payment of a dividend.
June 28, 2018 Caribbean Producers Jamaica Limited (CPJ) has advised that a connected party sold 5,000 CPJ shares on June 26, 2018.
June 28, 2018 Mayberry Investments Limited (MIL) has advised that a connected party sold 781,556 MIL shares on June 26, 2018.
Real GDP grew for the first quarter of 2018 at an annual rate of 2% based on the third estimate by the Bureau of Economic Analysis. The fourth quarter of 2017 yielded an increase of 2.9% Established on more complete data, the general picture of economic growth remains the same. According to the Bureau, “Private
Date: June 28, 2018 Brent Oil Brent oil prices increased by 5.41% or US$3.97, as prices rose this week. Oil traded on June 28, 2018 at a price of $77.41 per barrel relative to US$73.44 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week,
Date: June 28, 2018 United States: Powell Wants ‘Real Economy’ to Guide Fed Federal Reserve Chairman Jerome Powell is testing the economy’s room to run. It’s a strategy that contains both big benefits and risks for ordinary Americans and is causing excitement, tinged with caution, inside the central bank. Take Fed treatment of one of its
June 27, 2018 Bank of Jamaica announces its decision to lower the policy rate (the interest rate offered on overnight placements with Bank of Jamaica) by 50 basis points to 2.00 per cent, effective 28 June 2018. In March, April and May 2018, inflation fell below the lower end of the Bank’s inflation target of
