United States: U.S. Futures Extend Slide While WTI Oil Crashes: Markets Wrap “U.S. equity futures slid alongside European and Asian stocks on Monday as investors grappled with everything from the spread of the coronavirus to oil’s collapse and the next raft of corporate earnings. The dollar gained. Contracts on the S&P 500 extended their decline
April 17, 2020 Please the click link below to view advisory notice from Mayberry Investments Limited (MIL). IMPORTANT NOTICE_Temporary Change in Business Operations Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying,
United States: Trump Kicks Toughest Decisions to States With His Reopening Plan “Days after insisting he had absolute authority to steer the country’s economic recovery from the coronavirus outbreak, President Donald Trump instead handed over the keys to governors and businesses. Trump issued guidelines on Thursday for states to consider as they decide whether to
April 16, 2020 Standard and Poor's (S&P), today, April 16, 2020, affirmed Jamaica's B+ long term foreign and local currency sovereign credit ratings, and revised its outlook from stable to negative. According to S&P, the revision in outlook reflects the impact of a presumed prolonged shock from the on-going global Corona Virus (Covid-19) health crisis
April 16, 2020 Kingston, Jamaica: "Last year Jamaica and the IMF came to an agreement for the IMF to continue to maintain an office in Kingston for two years. This has facilitated a close and open working relationship with frequent exchange of views and information. In particular, I have been in regular communication with the
United States: U.S. Jobless Claims Top 5.2 Million, Erasing a Decade of Gains “More than 5 million Americans filed for unemployment benefits last week, bringing the total in the month since the coronavirus pandemic throttled the U.S. economy to 22 million and effectively erasing a decade worth of job creation. Initial jobless claims of 5.25
April 14, 2020 Please the click link below to view advisory notice from Mayberry Investment Limited (MIL). Mayberry Investments Limited Advisory Notice_CEO_ COVID-19 Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure,
United States: IMF Says Great Lockdown Recession Likely Worst Since Depression “The International Monetary Fund predicted the “Great Lockdown” recession would be the steepest in almost a century and warned the world economy’s contraction and recovery would be worse than anticipated if the coronavirus lingers or returns.In its first World Economic Outlook report since the
April 09, 2020 Final demand for the Producer Price Index decreased 0.2% in March 2020, seasonally adjusted according to U.S. Bureau of Labor Statistics. Final demand prices fell 0.6% in February and increased 0.5% in January. On an unadjusted basis, “the final demand index increased 0.7% for the 12 months ended in March,” BLS indicated.
United States: Third Week of Big U.S. Jobless Claims Sees 6.61 Million Filings “Americans applied for unemployment benefits in massive numbers for a third straight week, bringing the total to about 16.8 million during the coronavirus pandemic’s economic shutdown. A total of 6.61 million people filed jobless claims in the week ended April 4, according
