November 08, 2018 Based on the latest information received by the Federal Open Market Committee (FOMC) since September, the FOMC has noticed strengthening in the labour market coinciding with rising economic activity. Based on the FOMC, Job gains have been strong, on average, in recent months, and the unemployment rate have declined. Household spending
Brent Oil Brent oil prices decreased by 1.92% or US$1.40, as prices declined this week. Oil traded on November 08, 2018 at a price of US$71.49 per barrel relative to US$72.89 last week. Brent oil began the year at US$66.57 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 1.82% (JMD$2.47). Additionally,
November 08, 2018 Jamaica’s Net International Reserves (NIR) totaled US$2,925.33 million as at October 2018, reflecting a decrease of US$101.39 million relative to the US$3,026.72 million reported as at the end of September 2018 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$108.79 million to total US$3,460.06 million
Date: November 02, 2018 Government Operations Results for September 2018 For the period of April 2018 to September 2018, the GOJ reported Total Revenues & Grants of $294.17 billion, $7.70 billion more than the Government’s projection. Year over year, this represents an increase of approximately 12.2% relative to the $262.11 billion recorded for the corresponding
Brent Oil Brent oil prices decreased by 2.66% or US$2.04, as prices declined this week. Oil traded on November 01, 2018 at a price of US$74.66 per barrel relative to US$76.70 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 0.94% (JMD$1.29). Additionally,
Date: October 26, 2018 The U.S. Bureau of Economic Analysis indicated that, “Real gross domestic product (GDP) increased at an annual rate of 3.5 percent in the third quarter of 2018. In the second quarter, real GDP increased 4.2 percent.” The increase in real GDP in the third quarter was a result of positive contributions
Brent Oil Brent oil prices decreased by 2.65% or US$2.09, as prices declined this week. Oil traded on October 25, 2018 at a price of US$76.70 per barrel relative to US$78.79 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 1.52% (JMD$2.12). Additionally,
Date: October 23, 2018 According to Eurostat, “In the second quarter of 2018, the seasonally adjusted general deficit to GDP ratio stood at 0.1% in the Euro Area (EA19), a decrease compared with 0.2% in the first quarter of 2018 and the lowest deficit since the beginning of the comparable times series (2002).” In addition,
Date: October 22, 2018 Please click below to view September 2018’s Monthly Economic Review. Monthly Economic Review - September 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 research
Date: October 22, 2018 According to Eurostat, “In 2017, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2016.” Furthermore, it was indicated by Eurostat that, “in the euro area the government deficit to GDP ratio fell from 1.6% in 2016 to 1.0% in
