Brent Oil Brent oil prices increased by 0.94%% or US$0.83 relative to the prior week. Oil traded on January 27, 2022, at US$89.27 per barrel relative to US$88.44 on January 13, 2021. Brent oil opened 2022 year at US$78.98 per barrel. Petrojam prices 87 Octane prices increased by 1.50% (JMD$2.54) and 90 Octane increase by
January 27, 2022 Gross Domestic Product, Fourth Quarter and Year 2021 (Advance Estimate) According to the Bureau of Economic Analysis' "advance" estimate, real gross domestic product (GDP) increased at a 6.9% annual rate in the fourth quarter of 2021. Real GDP increased by 2.3% in the third quarter. The growth in real GDP was driven
United States: Fed’s Hawkish Roadmap Sets the Path for Peers in Recovering Asia “Hawkish comments from Federal Reserve Chair Jerome Powell will pressure economies in Asia to accelerate their own policy tightening, even amid broadly contained inflation and mixed pandemic recovery outlooks. Throughout the region, efforts to prime economic rebounds while balancing currency and price
January 26, 2022 Jason Morris, Executive Vice President and Chief Investment Officer, noted that since inception Sygnus Credit Investment Limited (SCI) has focused on providing non- traditional financing and had deployed over US$146 million across more than forty-one (41) middle-market businesses across eleven (12) industries in seven (8) Caribbean countries. The Company has continued to
January 26, 2022 According to Eurostat, in 2020, renewable energy sources made up 37% of gross electricity consumption in the EU, up from 34% in 2019. It was observed that wind and hydropower accounted for over two-thirds of the total electricity generated from renewable sources that 36% and 33%, respectively. The remaining one-third of electricity
January 25, 2022 President of the Caribbean Development Bank (CDB), Dr Hyginus ‘Gene’ Leon and Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister of Trinidad and Tobago, the Honorable Stuart R. Young, M.P. discussed a multisource financing facility that could have a transformative development impact for the region’s
United States: A Guide to the Fed Meeting as It Seeks to Tame Inflation “Federal Reserve policy makers are poised to signal plans for their first interest rate hike since 2018 and discuss shrinking their bloated balance sheet as they seek to restrain the hottest inflation in nearly 40 years.” https://www.bloomberg.com/news/articles/2022-01-26/fed-to-signal-march-interest-rate-liftoff-decision-day-guide?srnd=economics-vp Europe: ECB’s Simkus Warns
January 25, 2022 According to the U.S. Bureau of Labor Statistics, unemployment rates fell in 42 states and the District of Columbia in December and were unchanged in eight states. Fourty-eight states and the District of Columbia had lower unemployment rates than a year ago, while two states saw little change. The national unemployment rate,
United States: Inflation Shocks Rip Through Markets Before Key Fed Meeting “Global traders already on tenterhooks over this week’s key Federal Reserve meeting were jolted further Tuesday by Australian inflation data that smashed expectations, a surprise monetary tightening in Singapore and further swings in U.S. equity futures. A maelstrom of volatility in the past 24
January 24, 2022 Equity Market Review December 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 (s) also certify that no part of their compensation was,
