U.S.: Jobless claims drop; labour market slack shrinking The number of Americans filing for unemployment benefits fell last week, unwinding half of the prior period's jump and suggesting the labour market was tightening despite a recent slowdown in job growth. Initial claims for state unemployment benefits declined 10,000 to a seasonally adjusted 245,000 for the

Derrimon Trading Company Limited (DTL) has advised of its recent closure of a bond issue valued at J$250 million. The secured note, which was structured and brokered by Mayberry Investments Limited, was privately issued under exempt distribution guidelines. It is tenured at 24 months and offers a coupon of 10.25 per cent per annum.

Jetcon Corporation Limited (JETCON) has advised that a connected party purchased 25,000 JETCON shares on May 17, 2017.

Eppley Limited (EPLY) has advised that a connected party sold 8,036 EPLY shares on June 2, 2017.

Sagicor Group Jamaica Limited (SJ) has advised that a related party purchased a total of 24,899 SJ shares on June 5, 2017.

Europe: Euro dips after report ECB to cut inflation outlook The euro fell more than half a percent on Wednesday after a report suggesting the European Central Bank, rather than swinging decisively toward a tighter monetary stance this week, is preparing to cut its outlook for inflation. The single currency had recovered almost 10 percent