Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss KOF Leading Indicator for November is predicted at 100.1. Forex traders can compare this to the Swiss KOF Leading Indicator for October, reported at 99.5. The Swiss GDP for the third quarter is predicted to expand by 0.4% quarterly and 1.8% annualized. Forex traders can compare this to the Swiss GDP for the second quarter, which rose by 0.7% quarterly and 1.8% annualized. UK Net Consumer Credit for October is predicted at £1.300B, and Net Mortgage Lending is...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Pfizer has been struggling lately, with its stock down approximately 11% this year despite posting reasonable earnings. While broader markets have performed well, investor sentiment around Pfizer has turned cautious, primarily due to fears of significant challenges that may impact its $145 billion valuation in the long term. This raises an important question: is Pfizer headed for deeper trouble, or are investors underestimating its potential? Pfizer enjoyed unprecedented...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Forex market will experience light trading volumes today as the US market is closed for the Thanksgiving holiday, which will extend into tomorrow’s limited trading session. Many US-based traders will take a long holiday, and the reduced trading volumes could increase volatility for the rest of the week. The New Zealand NBNZ Own Activity for November came in at 48.0%, and ANZ Business Confidence came in at 64.9. Forex traders can compare this to the New Zealand NBNZ...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Meta Platforms has seen its stock price skyrocket nearly 660% over the past ten years, propelled by the exponential growth of its flagship apps (Facebook, Instagram, Messenger, and WhatsApp) and a surge in advertising revenue. This success has placed Meta in a near-duopoly in the digital ad market, sharing dominance with Alphabet's Google in numerous regions. During the same period, Alphabet's shares rose just over 500%. Google’s growth was primarily fueled by its...
Source: PaxForex Premium Analytics Portal, Fundamental Insight French Consumer Confidence for November came in at 90. Forex traders can compare this to French Consumer Confidence for October, reported at 93. The German GfK Consumer Confidence Survey for December is predicted at -18.8. Forex traders can compare this to the German GfK Consumer Confidence Survey for November, reported at -18.3. US Initial Jobless Claims for the week of November 18th are predicted at 215K, and US Continuing Claims for the week of November 11th at 1,910K....
