United States: Bond Yields, Dollar Surge With Fed Bets as Recession Risk Grows The hottest US inflation in four decades will push the Federal Reserve to raise interest rates more aggressively this year, and a recession may not be far behind. Those are the dramatic signals coming from markets, which on Monday saw yields surging across
June 10, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for June 8, 2022, was J$17.91. MJE’s last traded price on June 8, 2022, was $14.00. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately
United States: US Inflation Quickens to 40-Year High, Pressuring Fed and Biden “US inflation accelerated to a fresh 40-year high in May, a sign that price pressures are becoming entrenched in the economy. That will likely push the Federal Reserve to extend an aggressive series of interest-rate hikes and adds to political problems for the
June 9, 2022 Scotia Group Jamaica Limited (SGJ) reported an increase in Net Interest Income to $12.71 billion, moving from $11.30 billion for the corresponding period in 2021. Notably, Interest Income for the period increased from $12.25 billion in 2021 to $13.60 billion in the period under review. Interest Expense declined 6% to total $894.90
June 9, 2022 For May 2022, the European Central Bank (ECB) reported that the global economy continued to be affected by the Russia-Ukraine war. The effects of the invasion caused some repricing in global financial markets and further depleted the confidence of businesses and consumers despite the lifting of the tight restrictions, which were imposed
United States: US Jobless Claims Rise by Most Since July During Holiday Week “Applications for US state unemployment insurance rose by the most in nearly a year during the week that included the Memorial Day holiday. Initial unemployment claims climbed broadly across states by 27,000 to 229,000 in the week eded June 4, Labor Department
June 8, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for June 7, 2022, was J$18.16. MJE’s last traded price on June 7, 2022 was $15.00. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately
June 8, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for June 3, 2022, was J$18.27. MJE’s last traded price on June 3, 2022 was $15.00. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately
June 8, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for June 1, 2022, was J$18.18. MJE's last traded price on June 1, 2022 was $14.48. The below graph shows MJE’s Net Asset Value movement since 2019.
United States: US Trade Deficit Narrows Most on Record on Muted China Imports “The US trade deficit shrunk in April by the most on record in dollar terms, reflecting a drop in the value of imports amid Covid lockdowns in China while exports climbed. The gap in goods and services trade narrowed $20.6 billion, or
