From CIBC FirstCaribbean Caribbean Economic Overview Summary: The global economic recovery progressed in the first half of 2021, despite the unrelenting pandemic. In its October 2021 World Economic Outlook, the IMF suggested that economic activity’s adjustment to the COVID-19 environment alongside vaccines’ efficacy in preventing severe illness, buttressed the revival of productive output. However, unequal vaccine […]
Caribbean Market Overview – 2019 Q2 shows global economic activity loses momentum
From CIBC First Caribbean Bank Caribbean Economic Overview Summary: Following almost two years of robust growth, the IMF indicates that global economic activity lost momentum in latter half of 2018 amid trade tensions, declining business confidence, tightening financial conditions and higher policy uncertainty across many economies. Consequently, the IMF estimates that global growth decelerated to 3.6% […]
Caribbean Market Overview – 2019 Q1
From CIBC First Caribbean Caribbean Market Review Summary: Emerging market credits benefitted from a quick change in investor sentiment, as ambiguous Fed signals in December prompted the market to diminish expectations of one to two rate hikes in 2019 to almost zero. Moreover, difficult Brexit discussions in Europe pushed the breaks on expectations of a […]
CIBC FirstCaribbean: Caribbean Market Overview – 2016 Q3
Caribbean Economic Overview Summary: Although economic activity in advanced economies accelerated modestly during Q2 2016, slower growth in Q1 2016 coincided with generally reduced external demand in Caribbean economies. Q2 2016 US and UK economic growth accelerated to 0.3% q/q and 0.6% q/q vs. 0.2% q/q and 0.4% q/q during Q1 2016, and the IMF […]