June 22, 2020 For the month of May, jobless rates were lower in 38 states and the District of Columbia, higher in 3 states, and unchanged in 9 states based on a report by the Bureau of Labour Statistics (BLS). All 50 states and the District had jobless rate increases from last year. Whereas, there
June 18, 2020 Brent Oil Brent oil prices increased by 7.44% or US$2.87, as prices rose this week relative to the prior week. Oil traded on June 18, 2020 at a price of US$41.42 per barrel relative to US$38.55 on June 11, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
June 18, 2020 For the week ended June 13, seasonally adjusted initial claims declined to 1,508,000 from the previous week’s level. Claims for the prior week was 1,566,000 following an upward revision of 24,000 from 1,542,000. According to the U.S. Department of Labour (DOL), “the 4-week moving average was 1,773,500, a decrease of 234,500. Moreover, the
Monthly Economic Review - May 2020 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, is, or
June 17, 2020 USA Economic Review -May 2020 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, is,
June 8, 2020 Jamaica’s Net International Reserves (NIR) totaled US$2,904.49 million as at May 2020, reflecting an decrease of US$228.16 million relative to the US$3,132.65 million reported as at the end of April 2020 (see figure 1). Changes in the NIR resulted was from an increase in Foreign Liabilities to total US$967.22 million compared to
Date: June 12, 2020 Main Events Entertainment Group reported revenue of $884.81 million, 1% lower than the $895.83 million booked in 2019. Revenue for the quarter amounted to $286.66 million compared to $438.14 million recorded for the six months ended April 30, 2019. Management noted that, “we anticipate this lull in revenue activity to persist
June 11, 2020 Brent Oil Brent oil prices decreased by 2.98 % or US$1.19, as prices fell this week relative to the prior week. Oil traded on June 11, 2020 at a price of US$38.80 per barrel relative to US$39.99 on June 4, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices
June 10, 2020 The Federal Reserve reiterated its commitment to using its full range of tools to support the U.S. economy in this challenging time, thereby pursuing its maximum employment and price stability goals. The advent of coronavirus outbreak caused tremendous human and economic hardship across the United States and around the World. The outbreak has resulted
June 09, 2020 Bank of Jamaica is aware of electronic retail payment services being offered to the public by unauthorized providers. Electronic retail payment services are those relating to the use of an electronic retail payment instrument, such as a prepaid card or mobile wallet. The public is hereby advised that Bank of Jamaica to
