January 30, 2018 According to the Eurostat, the statistical office of the European Union, the seasonally adjusted GDP increased 0.6% in the euro area (EA19) and in the EU28 during the fourth quarter of 2017. GDP for the whole year grew 2.5% in both zones. Gross Domestic Product advanced 2.7% and 2.6% respectively for the
January 26, 2018 National Commercial Bank of Jamaica Limited (NCBJ), for the quarter ended December 31, 2017 reported an increase in Net Interest Income of 4.80%, relative to the corresponding period in 2016, to total $7.55 billion (2016: $7.20 billion). Interest income rose 10.31% year over year to $11.27 billion compared to $10.22 billion in 2016,
Date: January 25, 2018 Lasco Financial Services Limited (LASF), for the nine months ended December 31, 2017 recorded trading income of $1.09 billion; this represented a growth of 37% when compared to $794.46 million posted in 2016, while trading income for the quarter amounted to $407.48 million (2016: $288.25 million). according to LASF, “This is
January 24, 2018 Government debt to GDP ratio fell to 82.5% in the third quarter (2017) compare to the 83.3% recorded in the second quarter in 2017. Year over year third quarter government debt decreased from 82.9% to 82.5% in 2016 and 2017 respectively. At the end of the third quarter of 2017, debt
January 22, 2018 Please click below to view December 2017's Economic Review. Monthly Economic Review - December 2017 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, distribution or taking any action in reliance on
January 22, 2018 The median weekly earnings of the nation's 114.2 million full-time wage and salary workers were down to $854 in the fourth quarter 2017 from the previous quarter, the U.S. Bureau of Labor Statistics reported. This was 0.9% higher than a year earlier, compared with a gain of 2.1% in the Consumer Price
January 22, 2018 Please click below to view today’s Featured Stock. Weekly Picks 22.01.18 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, distribution or taking any action in reliance on the contents of this
January 22, 2017 United States: This $4 Billion Manager Is Preparing for an Inflation Surprise Inflation is what could jolt the markets this year. At least that’s what the tactical asset allocation team at DNB Asset Management is preparing for. “Inflation surprising on the upside is the biggest risk,” Torje Gundersen, portfolio manager, said in
January 19, 2018 From December 2016 to December 2017, the Consumer Price Index for All Urban Consumers (CPI-U) rose 2.1%. This is a similar rise when compare to 2015 December to 2016 December. The food index increased 1.6% 2016-2017 after declining by 0.2% the previous year. The index for food at home followed a similar
January 19,2018 U.S. : Dollar Pressured as Treasuries Steady; Stocks Gain: Markets Wrap The dollar hit the weakest level in three years and Treasuries stabilized after a recent selloff as investors weighed the prospect of a U.S. government shutdown and signs of inflation picking up. Stocks in Europe and Asia advanced and gold jumped. The
