June 8, 2021 Jamaica’s Net International Reserves (NIR) totalled US$3,418.90 million as at May 2021, reflecting an increase of US$100.92 million relative to the US$3,317.98 million reported at the end of April 2021 (see figure 1). Foreign Assets totalled US$4,349.12 million, US$97.09 million more than the US$4,252.04 million reported for April 2021. ‘Currency & Deposits’
June 8, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of June 8, 2021, the outbreak of the coronavirus disease (COVID-19) had spread across the globe to six continents, and three million people had died after contracting the respiratory virus. Cases now stand at 174,494,562
United States: U.S. Trade Gap Narrows for First Time in 2021 as Exports Jump “The U.S. trade deficit narrowed for the first time this year in April as the value of goods and services exports climbed and imports fell. The gap in trade of goods and services narrowed 8.2% to $68.9 billion in April from
June 7, 2021 Express Catering Limited (ECL) for the nine months ended February 28, 2021, reported an 82% decline in revenue to US$2.27 million (2020: US$12.91 million). Revenue for the quarter fell by 79% to close at US$1.08 million relative to US$5.10 million reported the previous year. Notably, the company stated, “We are now closer
June 7, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of June 7, 2021, the outbreak of the coronavirus disease (COVID-19) had spread across the globe to six continents, and three million people had died after contracting the respiratory virus. Cases now stand at 174,105,219
June 7, 2021 Weekly Picks 07.06.2021 WIG 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, is,
United States: Yellen Says Higher Interest Rates Would Be ‘Plus’ for U.S., Fed “Treasury Secretary Janet Yellen said President Joe Biden should push forward with his $4 trillion spending plans even if they trigger inflation that persists into next year and higher interest rates. “If we ended up with a slightly higher interest rate environment
Brent Oil Brent oil prices increased by 2.65% or US$1.84, as prices increased this week relative to the prior week. Oil traded on June 3, 2021 at a price of US$71.30 per barrel relative to US$69.46 on May 27, 2021. Brent oil opened 2021 year at US$54.52 per barrel. Petrojam prices 87 Octane prices increased
United states: U.S. Job Growth Picks Up in Sign of Progress on Filling Openings “U.S. job growth picked up in May -- along with worker pay -- and the unemployment rate fell, signaling firms are making some progress filling a record number of openings as the economy powers up. Payrolls increased by 559,000 last month
June 3, 2021 According to the statistical office of the European Union (Eurostat), in May 2021, the euro area annual inflation rate is expected to be 2.0%, 0.4% higher when compared to the 1.6% booked in April 2021. However, it was noted that a year earlier the annual rate was 0.1% in May 2020. The
