October 3, 2023 United States: State Street Bets on Fed ‘Dramatically’ Cutting Rates Next Year State Street Global Advisors is betting against the higher-for-longer mantra sweeping across global bond markets. The Wall Street giant is wagering that the Federal Reserve will cut interest rates by at least a full percentage point next year —
October 2, 2023 Scotia Group Jamaica Limited (SGJ) has advised that Yvette Anderson has been appointed to the role of Director, Customer Experience and Advocacy, The Bank of Nova Scotia Jamaica Limited effective October 16, 2023. Disclaimer: Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however
October 2, 2023 Scotia Group Jamaica Limited (SGJ) has advised that a Director purchased 28,638 SGJ shares on September 22, 2023. Disclaimer: Company Disclosure -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,
October 2, 2023 NCB Financial Group Limited (NCBFG) has advised that Mr. Angus Young has been appointed Chief Executive Officer of NCB Capital Markets Limited (NCBCM) effective October 1, 2023. Mr Young previously held the positions of Head of Regional Investment Banking and New Markets – NCBCM and CEO of NCB Merchant Bank (Trinidad
October 2, 2023 The Statistical Institute of Jamaica (STATIN) reported a 2.3% increase in Jamaica's total value added at constant prices in the second quarter of 2023 compared to the same quarter of 2022. Services and Goods Producing Industries grew 2.2% and 2.6%, respectively. The performance reflected the economy's sustained recovery from the adverse effects
October 2, 2023 Figures are quoted in United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the year ended June 30, 2023 reported a 19% increase in Gross Operating Revenue totaling US$142.58 million compared to US$119.96 million in the corresponding period last year. Gross Operating Revenue for the fourth
October 2, 2023 The Monetary Policy Committee (MPC) of the Bank of Jamaica (BOJ) unanimously agreed to maintain the policy interest rate at 7%. This should maintain tight Jamaican dollar liquidity enable stability in the foreign exchange market. The Committee’s decision is intended to ensure that the country’s inflation rate continues to trend downward to the
October 2, 2023 Weekly Picks 02.10.2023 LUMBER Disclaimer: 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 analyst (s) also certify that no part of their compensation was,
October 2, 2023 United States: Why a US Recession Is Still Likely — and Coming Soon When everyone expects a soft landing, brace for impact. That’s the lesson of recent economic history — and it’s an uncomfortable one for the US right now. A summer in which inflation trended lower, jobs remained plentiful and
September 29, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for September 28, 2023, was J$14.51. MJE’s last traded price on September 28, 2023 was $10.50. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
