Weekly Financial Market Summary
Posted in: IDEAL Insights, Market Trends, News
The Jamaican dollar continues to depreciate against the major traded currencies this week, with the exception of the Euro. For the week ending August 24, the dollar fell as much as J$3.06.
Jamaican dollar continues to slide!
The Jamaican Stock Exchange (JSE) experienced mixed results this week with the Main Market advancing while the Junior market experienced a marginal decline.
On the International Equity Markets, the S&P 500, Dow Jones and Nikkei all advanced. The Nikkei rebounded after declining the previous week. For US Treasury rates, the five and ten year experienced decline this week while the 2 year treasury advanced.
Check out the full report here.
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