21 02, 2018

Overseas Headlines – February 21,2018


February 21,2018. United States:  U.S. Stocks Fall With Treasuries, Dollar Climbs: Markets Wrap U.S. stocks halted a six-day rally as disappointing results from Walmart Inc. weighed on major indexes as the dollar pushed higher. Treasuries fell amid a heavy slate of U.S. debt issuance, with short-end auctions drawing some of the highest yields in almost

20 02, 2018

AMG exits Toilet Paper Production


Date: February 20, 2018 At the Annual General Meeting held at AMG Packaging & Paper Company Limited on February 20, 2018, The Chairman, Mr. Barrington Chisholm formally made the introductions and welcome of the board of directors and the general audience. It was highlighted that for the financial year ended August 31, 2017, that the

20 02, 2018

Overseas Headlines – February 20,2018


February 20,2018 United States: Dollar Rises With Treasury Yields; Stocks Struggle: Markets Wrap Treasuries fell, with investors driving the benchmark yield up to the highest level in four years, as the dollar advanced with oil futures in New York. European shares erased earlier gains and U.S. futures slipped. Debt investors appeared to be trading with

19 02, 2018

Overseas Headlines – February 19,2018


February 19,2018 United States: U.S. Treasury Official Says Economists Lowballing Tax-Cut Impact Economists are underestimating how rapidly the U.S. economy will grow from tax cuts that are encouraging companies to invest and create jobs, a senior Treasury official said. “Despite the stock-market volatility, the economy is enjoying a period of relative strength and prosperity in

16 02, 2018

Overseas Headlines – February 16,2016


February 16,2016 United States: Selloff Grips Credit Funds as Rate Fears Ripple Through Markets Corporate bond investors finally joined a selloff that has shaken stocks to Treasuries as investors spooked by U.S. interest-rate risk headed for the exits. Investors pulled $14.1 billion from debt funds, the fifth-largest stretch of redemptions in the week through Feb.

15 02, 2018

Overseas Headlines – February 15,2018


 February 15,2018 United States: U.S. CPI Tops Estimates as Apparel Costs Jump Most in 30 Years U.S. consumer prices rose by more than projected in January as apparel costs jumped the most in nearly three decades. The report sent Treasuries and stocks tumbling, as it added to concerns about an inflation pickup that have roiled

13 02, 2018

Overseas Headlines – February 13,2018


February 13,2018  United States: U.S. Stocks Jump, Send Nasdaq Higher for the Year: Markets Wrap U.S. stocks surged, with financial markets showing signs of recovery after the worst week in two years for American equities. The 10-year yield fell back from the four-year high hit earlier Monday as the dollar slipped. The Nasdaq Composite Index turned positive

9 02, 2018

Overseas Headlines – February 09, 2018


 February 09, 2018 United States:  Central Banks Are Telling Markets It's Time to Grow Up It's time for markets to grow up. An important element in the current volatility tantrum is the return of inflation. Last Friday's U.S. payroll report kicked it off, and the struggle at this week's 10-year and 30-year U.S. Treasury auctions

8 02, 2018

Overseas Headlines – February 8,2018


February 8,2018 United States: Shares fragile, U.S. budget deal puts bonds on defensive World stock markets remained on shaky ground on Thursday as U.S. bond yields crept back towards four-year highs after U.S. congressional leaders reached a two-year budget deal to raise government spending by almost $300 billion. While the deal was a rare display

7 02, 2018

Overseas Headlines – February 7,2018 


February 7,2018  United States: U.S. Stocks Sink Most Since 2011 as Rout Deepens: Markets Wrap U.S. stocks plunged the most in 6 1/2 years, with the Dow Jones Industrial Average sinking more than 1,100 points, as the equity selloff reached a fever pitch amid rising concern that inflation will force interest rates higher. Treasuries rallied

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