Euro Area Based on the first estimate from Eurostat for the euro area (EA19) exports of goods to the rest of the world in October 2017 amounted to €187.9 billion, up 8.8% versus €172.6 billion for October 2016. Imports from the rest of the world stood at €168.9 billion, an increase of 10.1% relative to
Scotia Group Jamaica Limited (SGJ) has advised that Lasco Financial Services Limited (LASF) completed the acquisition of Scotia Jamaica Microfinance Company Limited on December 1, 2017.
Asia: China raises short- and medium- term interest rates after Fed China’s central bank nudged money market interest rates upward on Thursday just hours after the Federal Reserve raised the U.S. benchmark, as Beijing seeks to prevent destabilizing capital outflows without hurting economic growth. Economists were surprised by the move but said at just five
Daily Market Summary 14.12.17 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 ction in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may
Margaritaville (Turks) Limited (MTL) has advised that its Annual General Meeting has been scheduled for 11:00 a.m. on January 9, 2018 at MTL’s Board Room, #16, M19 Southern Cross Boulevard, Freeport, Montego Bay.
Radio Jamaica Limited (RJR) has advised that at a Board of Directors’ meeting held November 30, 2017, the Hon Oliver F. Clarke, O.J. was elected as the new Chairman of RJR and the RJRGLEANER Communications Group effective December 11, 2017. Consequent on Mr. Clarke’s appointment as Chairman, the Board of Directors have elected Dr. Lawrence
Salada Foods Jamaica Limited (SALF) has advised that a connected party purchased 5,000 SALF shares on December 11, 2017.
The European Central Bank kept its interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and -0.40% respectively. The ECB also expects the rates to remain at current levels for some time past the horizon of the net asset purchases.
Brent Oil Brent oil prices increased 1.99% or US$1.22, as prices rose this week. Oil traded on December 14, 2017 at a price of $62.44 per barrel relative to US$61.22 last week. Brent oil began the year at US$56.00 per barrel. Petrojam prices 87 Octane prices declined week over week, by 1.07% (JMD$1.30). Additionally 90
Europe: German economy to grow by 2.6 pct in 2018 The German economy will expand by 2.6 percent next year, the Ifo institute said on Thursday in its updated forecast for Europe’s economic powerhouse, pointing to a broad upswing that is generating record-high employment and buoyant tax revenues. The surprisingly bullish projection - a hike
