May 3, 2018 Labor productivity, or output per hour, for nonfarm business sector increased 0.7 percent during the first quarter of 2018, reflecting an increase of 2.8 percent in output while hours worked increased 2.1 percent. On an annual basis, from the first quarter of 2017 to the first quarter of 2018, productivity increased 1.3
May 03,2018 United States: A Rare Treasury Yield-Curve Trade Emerges After Fed Decision The Federal Reserve’s interest-rate decision sparked a move in the U.S. yield curve that’s been virtually absent of late. The spread between 5- and 30-year yields widened after the announcement to 33.6 basis points, the highest since April 27. Curve steepening is
May 2, 2018 The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 1-1/2 to 1-3/4 percent. According to a press release by the Federal Open Market Committee, “the labor market has continued to strengthen and that economic activity has been rising at a moderate rate. Job gains
May 2, 2018 For the month of March 2018 the euro area unemployment rate remained stable at 8.5% when compared to February 2018, according to the latest report published by Eurostat. However, year over year, unemployment rate fell 0.9% from 9.4% recorded in March 2017. Unemployment is at its lowest in the euro area since
Date: May 02, 2018 Mayberry Investments Limited (MIL) has advised that a connected party sold 4,967 MIL shares on May 1, 2018.
May 02, 2018 United States: The U.S. Economy Has Hit a Milestone With the calendar’s turn from April to May, the U.S. economic expansion has become the nation’s second-longest on record. That milestone was reached as the Federal Reserve prepared to begin a two-day meeting in Washington on Tuesday. After a slow-but-steady slog over the
May 1, 2018 According to the Statistical Institute of Jamaica (STATIN), unemployment rate continued on a downward trajectory for January 2018 due to decline in the labour force along with a simultaneous increase in employment. In January 2018, unemployment rate was 9.6% a decrease of 3.1% when compared with 12.7% in January 2017, the latest
Date: May 01, 2018 Caribbean Cement Company Limited (CCC) has advised that on April 27, 2018 the Company signed with its holding company, Trinidad Cement Limited (TCL), an operating lease termination agreement and an equipment sale and purchase agreement for the assets that were subject to the lease agreement that was terminated. The consideration to
Date: May 11, 2018 Mayberry Investments Limited (MIL) has advised that two connected parties purchased a total of 412,278 MIL shares and that a connected party sold 395,734 MIL shares. These transactions were conducted during the April 26 to 30, 2018.
May 01,2018 United States: The U.S. Just Borrowed $488 Billion, a Record High for the First Quarter U.S. Treasury Secretary Steven Mnuchin said he’s unconcerned about the bond market’s ability to absorb rising government debt after his department said it borrowed a record amount for the first quarter. “It’s a very large, robust market --
