United States: U.S. Labor, Supply ‘Nightmare’ Seen Extending Into Second Half “The helter-skelter playing out on U.S. factory floors from labor and supply shortages, transportation bottlenecks and the coronavirus looks likely to persist into the second half of the year. That’s the message from the heads of lumber producers and makers of air conditioners to
February 07, 2022 Weekly Pick 07.02.2022 SVL 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,
February 04, 2022 Dennis Cohen, Group Chief Financial Officer and Deputy Chief Executive Officer, highlighted the financial performance of the NCB Financial Group. Net operating revenues was up 8% year over year for the FY2021 to $121.11 billion from $108.83 billion in 2020. Net profit for FY2021 totalled $20.08 billion, a decrease of 25% compared to $26.88
February 4, 2022 The seasonally adjusted volume of retail trade decreased by 3.0% in the euro area and by 2.8% in the EU during December 2021, compared with the previous month, according to Eurostat, the Statistical Office of the European Union. It was also noted that “in November 2021, the retail trade volume increased by
February 04, 2022 For three months ended December 31, 2021, NCB Financial Group Limited (NCBFG) net interest income increased by 18%, relative to 2020, to total $16.28 billion (2020: $13.82 billion). Interest income for the first three months closed at $22.11 billion, 6% above the $20.84 billion reported corresponding period ended December 31, 2020. Interest expense year over year rose
United States: U.S. Jobs Report, Supply-Side Economics, Fed Nominees: Eco Day “The high levels of omicron during the survey period, the annual benchmark revisions by the Bureau of Labor Statistics and some doubts over the accuracy of seasonal adjustments in the tight labor market means forecasts for the number range from a 400,000 decline to
February 03, 2022 The Factories Corporation of Jamaica (FCJ) has reported that Phase 1 of the Garmex Freezone Redevelopment and Expansion Project is at an advanced stage of completion. Four buildings totaling 90,000 sq ft. are now operational and will be fully operational after sewer pipes have been connected and some minor defects to the
February 3, 2022 Euro area unemployment down 1.2 percent The seasonally adjusted euro area unemployment rate was 7.0 percent in December 2021, down from 7.1 percent in November 2021 and 8.2 percent in December 2020. In December 2021, the EU unemployment rate was 6.4 percent, down from 6.5 percent in November 2021 and 7.5 percent
Brent Oil Brent oil prices fell by 0.22% or US$0.20 relative to the prior week. Oil traded on February 3, 2022, at US$89.14 per barrel relative to US$89.34 on January 27, 2021. Brent oil opened 2022 year at US$78.98 per barrel. Petrojam prices 87 Octane prices rose by 1.78% (JMD$3.060) and 90 Octane increase by
United States: U.S. Jobless Claims Decline for Second Week as Omicron Eases “Applications for U.S. state unemployment insurance fell for a second week, partially unwinding a recent spike in claims as the omicron wave recedes. Initial unemployment claims decreased by 23,000 to 238,000 in the week ended Jan. 29, Labor Department data showed Thursday. The
