Trade Sheet: Wednesday May 8, 2024
Matthew Walker2024-05-08T15:13:24-05:00
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Net International Reserves – April 2024
Matthew Walker2024-05-08T10:08:33-05:00May 8, 2024 Net International Reserves – April 2024 BOJ has reported that Jamaica's Net International Reserves as at April 30, 2024 stood at US$5,102.29 million, reflecting a decrease of US$35.00 million when compared to the US$5,137.29 million reported at the end of March 2024. Foreign Assets totalled US$5,196.37 million, US$35.39 million less than the
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Overseas Headlines – May 8, 2024
Matthew Walker2024-05-08T09:08:38-05:00May 8, 2024 United States: US 30-Year Mortgage Rate Falls for First Time Since March US mortgage rates fell for the first time since late March, giving some relief to homebuyers and lifting applications for purchases and refinancing. The contract rate on a 30-year fixed mortgage fell 11 basis points in the week ended May
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Overseas Headlines – May 7, 2024
Matthew Walker2024-05-07T09:41:04-05:00May 7, 2024 United States: US Companies Have $1.76 Trillion Opportunity to Free Up Cash With rates expected to stay high for a while, corporate finance chiefs have a strong incentive to skip debt markets and free up more of their companies’ cash instead. And it turns out, they have plenty of it. The biggest
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Overseas Headlines – May 6, 2024
Matthew Walker2024-05-06T08:54:26-05:00May 6, 2024 United States: Hedge Funds Turn Bullish on Consumer Stocks Ahead of Potential Rate Cuts, Goldman Says Hedge funds are reversing their bearish stance on consumer stocks as the latest economic data and comments from the Federal Reserve revive bets on interest rate cuts. After four weeks of selling, hedge funds last week
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GENAC reports 26% decline in year end Net Profit attributable to shareholders
Matthew Walker2024-05-03T16:30:32-05:00May 3, 2024 General Accident Insurance Co. Ja. Ltd.(GENAC) Audited financials for twelve months ended December 31, 2023: General Accident Insurance Co. Ja. Ltd. (GENAC) for the twelve months ended December 31, 2023 reported a 29% increase in insurance revenue totaling $8.58 billion compared to $6.67 billion in the corresponding period last year. Insurance revenue
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Overseas Headlines – May 3, 2024
Matthew Walker2024-05-03T09:12:06-05:00May 3, 2024 United States: US Jobs Report to Show Continuing Streak of Big Employment Gains Forecasters expect a monthly report on US employment to show strong job growth continued in April, even as wage pressures kept moderating. The figures, to be published Friday by the Bureau of Labor Statistics, will probably show employers