17 06, 2020

USA Monthly Economic Review-May 2020

2020-06-17T17:07:35-05:00

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,

USA Monthly Economic Review-May 20202020-06-17T17:07:35-05:00
15 06, 2020

Net International Reserves- May 2020

2020-06-15T16:31:14-05:00

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

Net International Reserves- May 20202020-06-15T16:31:14-05:00
12 06, 2020

MEEG reports 42% decline in six months net profit

2020-06-12T12:23:07-05:00

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

MEEG reports 42% decline in six months net profit2020-06-12T12:23:07-05:00
11 06, 2020

Gas Price Movement -June 11, 2020

2020-06-11T14:40:46-05:00

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

Gas Price Movement -June 11, 20202020-06-11T14:40:46-05:00
10 06, 2020

Federal Reserve maintains target range for federal funds rate

2020-06-10T15:16:34-05:00

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

Federal Reserve maintains target range for federal funds rate2020-06-10T15:16:34-05:00
9 06, 2020

Authorised Electronic Retail Payment Service Providers

2020-06-09T16:16:46-05:00

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

Authorised Electronic Retail Payment Service Providers2020-06-09T16:16:46-05:00
9 06, 2020

GDP down by 3.6% in Euro Area and 3.2% EU28

2020-06-09T15:39:54-05:00

June 09, 2020 During the first quarter of 2020, GDP, seasonally adjusted, declined by 3.6% in the euro area and by 3.2% in the EU, according to the statistical office of the European Union (Eurostat). Notably, In March 2020, COVID-19 containment measures began to be widely introduced by Member States. In addition, in the fourth quarter of 2019,

GDP down by 3.6% in Euro Area and 3.2% EU282020-06-09T15:39:54-05:00
8 06, 2020

Volume of retail trade down by 11.7% in the Euro Area

2020-06-08T14:02:19-05:00

In April 2020, the COVID-19 containment measures widely introduced by Member States had a significant impact on retail trade, as the seasonally adjusted volume of retail trade declined by 11.7% in the euro area and by 11.1% in the EU, compared with March 2020, according to Eurostat, the statistical office of the European Union. However,

Volume of retail trade down by 11.7% in the Euro Area2020-06-08T14:02:19-05:00
5 06, 2020

USA Unemployment Rate fell to 13.3% in May

2020-06-05T11:01:56-05:00

June 5, 2020 Total nonfarm payroll employment increased by 2.5 million in May, as the rate of unemployment decreased to 13.3%, according to a report by the U.S. Bureau of Labour Statistics (BLS). This improvement was attributable to a limited resumption of economic activity that had been curtailed in March and April due to the

USA Unemployment Rate fell to 13.3% in May2020-06-05T11:01:56-05:00
4 06, 2020

Gas Price Movement- June 4, 2020

2020-06-04T15:22:38-05:00

June 4, 2020 Brent Oil Brent oil prices increased by 11.62 % or US$4.10, as prices rose this week relative to the prior week. Oil traded on June 04, 2020 at a price of US$39.39 per barrel relative to US$35.29 on May 28, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices

Gas Price Movement- June 4, 20202020-06-04T15:22:38-05:00