Brent Oil Brent oil prices increased by 3.75% or US$2.04, as prices increased this week relative to the prior week. Oil traded on January 14, 2021 at a price of US$56.42 per barrel relative to US$54.38 on January 07, 2020. Brent oil opened 2021 year at US$54.52 per barrel. Petrojam prices 87 Octane prices increased
January 14, 2021 The seasonally adjusted initial claims, advance estimate, increased by 181,000 to 965,000 for the week ending January 9, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 787,000 to 784,000 down by 3,000. In comparison to the previous week’s average, the 4-week moving average was 834,250, a
United States: U.S. Decides Against Investing Ban on Alibaba, Tencent and Baidu “U.S. officials deliberated but ultimately decided against banning American investment in Alibaba Group Holding Ltd. and Tencent Holdings Ltd., a person familiar with the discussions said, removing a cloud of uncertainty over Asia’s two biggest corporations.” https://www.bloomberg.com/news/articles/2021-01-14/u-s-is-said-to-decide-against-investing-ban-on-alibaba-tencent?srnd=economics-vp Europe: German Economy Stalls, Probably Evading
January 13, 2021 QWI Investments Limited (QWI) has advised that a connected party purchased 30,000,000 QWI shares on January 7, 2021 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
January 13, 2021 The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% for December 2020 after increasing 0.2% in November, on a seasonally adjusted basis according to U.S. Bureau of Labor Statistics (BLS). The all items index rose 1.4% before seasonal adjustment over the last year. BLS stated, “the seasonally adjusted increase in
January 13, 2021 AMG Packaging Paper Company Limited (AMG), for the three months ended November 30, 2020, recorded Turnover in the amount of $173.86 million, a decline of 9% when compared to $191.60 million booked the previous year’s corresponding quarter. Cost of Inventories totalled $94.24 million, a decrease of 13% relative to $108.53 million booked
The European Union labour market during the third quarter slack down to 13.9% as work hours increase due to the decision to relaxed COVID-19 measures. Eurostat noted that “Throughout the third quarter 2020, the labour market across the European Union (EU) recovered to some extent as COVID-19 measures taken were relaxed by most Member States.
United States: Fed Talk of Taper Rekindles Specter of Wrenching 2013 Tantrum “Federal Reserve officials are beginning to split over when they may need to start pulling back on their massive monetary stimulus, drawing nervous glances from investors who remember how markets were roiled during the 2013 taper tantrum. In the past week, four of
January 12, 2021 Sagicor Group Jamaica Limited (SJ) has advised that a connected party sold a total of 52,111 SJ shares during the period December 22, 2020 to January 8, 2021. 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)
January 12, 2021 General Accident Insurance Company Jamaica Limited (GENAC) has advised that a Director purchased a total of 26,177 GENAC shares during the period December 24 to 28, 2020. 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
