February 02, 2021 According to an estimate published by Eurostat, the statistical office of the European Union, for the fourth quarter of 2020 seasonally adjusted GDP for the euro area decreased by 0.7% and by 0.5% in the EU, when compared with the previous period. It was noted, “these declines, related to COVID-19 containment measures,
February 02, 2021 Total Construction During December 2020, construction spending rose an estimated seasonally adjusted annual rate of 1% (± 0.8%) to $1,490.4 billion, reported by US Census Bureau. This was above the revised November estimate of $1,475.6 billion. Moreover, this December figure is 5.7% (±1.0%) above the December 2019 estimate of $1,410.3 billion. In
United States: Fed Dissent and Bond Volatility Are in Powell’s Taper Future “Jerome Powell doesn’t want to talk about scaling back massive Federal Reserve asset purchases -- at least not yet -- but it’s only a question of time before the discussion resumes and that might not be a bad thing. The Fed chair told
February 01, 2021 Tropical Battery Company Limited (TROPICAL) has advised that a meeting of its Board of Directors will be held on February 5, 2021 at 11:30 a.m. at 30 Automotive Parkway, Ferry Commercial Park, Mandela Highway, Kingston 20, where the directors intend to consider the payment of a final dividend. Disclaimer: Analyst Certification -The
February 1, 2021 Government Operations Results for December 2020 For the period of April to December 2020, the GOJ reported Total Revenues & Grants of $398.26 billion, $378.2 million more than the Government’s projection. This represented a decrease of approximately 15.1% relative to the $469.16 billion recorded for the corresponding period in 2019. ‘Non-tax Revenue’
February 01, 2020 The euro area seasonally-adjusted unemployment rate was stable at 8.3% in December 2020, compared to November 2020 and greater than 7.4% recorded in December 2019, according to Eurostat, the statistical office of the European Union. Additionally, it was reported that, the EU unemployment rate was 7.5% in December 2020, also stable compared
February 01, 2021 The Jamaican economy experienced a rapid depreciation in the exchange rate during 2020 due to the pandemic's impact on key sectors. The exchange rate in 2020 closed at JMD $142.65 to USD $1.00, after opening the year at JMD $132.57, resulting in a 7.6% depreciation. Over the past twelve months, the
February 1, 2021 Weekly Picks 1.02.2021 WIG 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, is,
United States: Biden to Focus on Trade Enforcement After Years of Trump Tariffs “President Joe Biden’s administration is setting up its trade policy to prioritize enforcement of existing commitments by the U.S.’s partners over negotiating more deals to open new export markets. Biden’s likely strategy for supporting American producers focuses on going after violations via
January 29, 2021 “The U.K. labor market proved more resilient than expected in the three months to November as an extension of government aid helped protect jobs amid a widespread lockdown,” Bloomberg stated. However, U.K. Office of National Statistics reported that, U.K employment rate for all ages 16 to 64 for the three months ending
